Fractus Strengthens U.S. Connected Safety Licensing through Cooperation with RPX Corporation

Fractus Expands U.S. Connected Safety Licensing

Fractus, a leader in antenna technology and intellectual property (IP) licensing, is taking significant strides in the connected safety space. Recently, the company announced a new patent licensing agreement with RPX Corporation, which marks a noteworthy expansion of its licensing reach in the U.S. market. This collaboration not only strengthens Fractus' portfolio but also paves the way for enhanced safety solutions across various devices.

Understanding the Agreement

The arrangement with RPX Corporation, a well-known licensing aggregator, is designed to broaden the array of companies utilizing Fractus' advanced antenna technology. This new agreement is reflective of the increasing adoption of connected safety devices — from alarm panels and base stations to wearables — all of which require reliable, high-performance antennas. It simplifies the licensing process through a single negotiation path, avoiding potential disputes that can complicate and delay implementation.

Jordi Ilario, the CEO of Fractus, articulated the importance of this agreement, stating, "This RPX agreement reflects a pragmatic path to licensing at scale. It underscores the momentum of connected safety in the U.S. and adds several respected providers to our licensee community." This statement emphasizes Fractus’ commitment to enhancing connectivity and safety across various platforms.

The Growing Market for Connected Safety Devices

The demand for connected safety devices is on a sharp rise. According to estimates from Berg Insights, there were approximately 36 million active monitored alarm systems in the U.S. and Canada by the end of 2023. Projections suggest that this number could increase to nearly 43 million by 2028. In the medical alert sector, user figures are anticipated to grow from 5.2 million in 2023 to 7.5 million by 2028, with the market value expanding substantially from €2.7 billion (around $2.9 billion) to €4.1 billion ($4.5 billion) within the same timeframe.

This burgeoning market represents a significant opportunity not only for Fractus but for all companies involved in connected safety technology. The integration of compact, multiband antennas is crucial for ensuring that devices function efficiently and reliably. With this newfound capacity, Fractus positions itself at the forefront of this vital sector.

The Technology Behind Connected Safety

Fractus has built its reputation on its innovative approach to antenna design, employing advanced geometry and mathematical principles to create antennas that are both compact and high-performance. The company's patents cover over 40 distinct inventions, showcasing its leadership in this specialized field. These antennas are integral to smartphones, Internet of Things (IoT) devices, network infrastructure, and health applications, demonstrating the versatility and necessity of Fractus’ technology.

In addition to being recognized as a trailblazer in antenna design, Fractus has received several accolades, including being named a World Economic Forum Technology Pioneer in 2005 and a finalist for the European Inventor Award in 2014. Such recognitions underline the company's sustained excellence and innovation in antenna technology.

Conclusion

In collaboration with RPX Corporation, Fractus is well-positioned to make significant contributions to the rapidly evolving realm of connected safety devices. As demand escalates for innovative, reliable technology in this sector, Fractus continues to lead the way with its expert licensing agreements and advanced antenna solutions. By streamlining patent licensing, the company not only enhances its own business growth but also facilitates a smoother path for other businesses to engage in the connected safety marketplace, ultimately ensuring a safer environment for consumers. This move signifies a bright future for Fractus and the continued evolution of connected safety technology in the U.S.