Iloq was founded in 2003 and in 2007, the company introduced the world's first battery-free digital locking system that harvests energy for unlocking from the motion of pushing the key into the lock.

In 2016, Iloq released the first lock cylinder that generates the electrical power it needs for unlocking from an NFC-compatible smartphone.  Iloq employs more than 170 people and currently has sales offices in Sweden, Denmark, Norway, Germany, the Netherlands, France and Spain, with new country offices being prepared.

The company’s retailers are also growing rapidly. Iloq’s digital locking and mobile access sharing solutions can be purchased from more than 1,000 retailers in nearly 30 countries from Australia to Greenland.

"Covid-19 has created many challenges for Iloq during 2020. But I am proud to say that we have not only survived, but thrived. Our sustainable digital locking and access control solutions continue to solve security issues and reduce the lifecycle costs of many industrial segments. We are growing rapidly," states Heikki Hiltunen, President and CEO of Iloq.