The Patent News...? Here we go! Recent press release; Today the Company announced it has engaged Barnes & Thornburg, LLP, to begin work on creating a patent portfolio strategy. Steve Reinharz, CEO and founder of AITX, together with Ioan Pop, RAD’s VP of Research & Development, noted how the Company had identified over 80 innovations that need patent investigation.
These innovations encompass innovations in hardware and software and will contribute to AITX’s position as a forerunner in the AI-driven mobile and stationary security and safety solutions sector.
The patent portfolio strategy work is expected to take a few months although preliminary patents could be filed earlier. The ultimate goal is to protect the Company’s inventions, reinforce its market presence and potentially enhance shareholder value through a fortified IP catalog. This move aligns with the Company’s long-term growth strategy, which prioritizes sustainable development and market leadership in AI and robotics.
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