Auto-renew license keys with WooCommerce billing?

Hello, I am trying to figure out if this plugin has functionality/options to enable auto-renewal/billing for a serial key.

I haven’t seen anything related to this when using the demo, but I wanted to make sure I wasn’t missing something. Right now, it would seem that a license key is a one-time use for a specified period of time either within X days or unlimited. So is there an option for this?