This (iLOQ S5) was released in 2019.<p>It and its predecessor (S10 released in 2007, which is a similar battery-free digital lock) are fairly popular locking systems in Finland, e.g. in apartment buildings.<p>Their main competitor Abloy also has similar products (Abloy Pulse), along with traditional locks (e.g. Protec2). Practically all door locks in Finland are either Abloy or iLOQ.
Oh, cute. I like that the design marries the traditional function with the power source. When it comes down to it, this isn't logically different from a badge and a doorknob unlocked by one. The act of inserting a key is familiar, though, and the fact that it doubles as a way to power it is nice.<p>I do wonder how it handles revocation though. After all, if you were to revoke a key, there'd have to be an efficient distribution mechanism or someone could just use it before the lock was updated.
From some cursory searching, it looks like earlier versions of ILOQ were pretty weak from a security perspective. Is that still the case? The product sounds kind of cool.