
1. Technology overview
Finite State, Inc. is a product security company registered in Columbus, Ohio, in the United States. It serves makers of connected devices, vehicles, medical devices, energy and industrial equipment that must prove their products are secure and compliant with rules such as the EU Cyber Resilience Act, FDA guidance and IEC 62443.
The Product Security OS is built around real product artifacts. The Finite State Platform generates SBOMs from firmware, binaries and source code across more than 50 instruction set architectures, runs reachability analysis to rank vulnerabilities by exploitability and records decisions as VEX. Assurance Studio runs threat modeling and verification workflows, AgentOS generates security work with AI agents, and Finite State Copilot answers security questions. The output is traceable compliance evidence for product security and PSIRT teams.
2. Highlighted features & specifications
- Binary SBOM generation: Builds SBOMs from firmware, binaries and source code across 50+ instruction set architectures.
- Reachability analysis: Prioritises vulnerabilities by whether they can actually be exploited.
- VEX documentation: Records impact and exploitability decisions in a standard format.
- Threat modeling: Derives product threat models from system architecture.
- Compliance outputs: Produces traceable reports for the EU CRA, FDA and IEC 62443.
- AI agents and Copilot: Generate security tasks and answer questions about product risk.
3. Potential application
A Vietnamese IoT module maker can generate SBOMs and VEX files for each firmware release shipped to European buyers. An automotive electronics supplier can use reachability analysis to focus engineering effort on exploitable flaws. A medical device exporter can prepare FDA cybersecurity documentation from the same platform.
4. Benefits
Reachability analysis removes findings that cannot be exploited: the company reports 40.5% of analysed findings confirmed unreachable since 2024 and up to 95% less vulnerability noise. Triage cycles drop from hours to about 10 minutes. Compliance outputs map directly to the EU CRA, FDA and IEC 62443, which reduces the manual work of preparing audit evidence.
5. Market trends & opportunities
European rules require continuous vulnerability monitoring and SBOMs for connected products, and similar requirements are spreading to medical devices and vehicles. Electronics and module makers in Vietnam and Southeast Asia that supply global brands increasingly receive SBOM and vulnerability evidence requests from their customers.
6. Other information
Legal entity Finite State, Inc., 800 N High Street, Columbus, Ohio, USA. Led by founder and CEO Matt Wyckhouse. Exhibited at CES 2026, VulnCon 2026 and Embedded World Europe and North America 2026. Customer logos include Johnson Controls, Google, Aptiv, Hitachi Energy, Quectel and Hubbell. Also offers expert product security services.
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