Fractus Expands Its Connected Safety Licenses in the U.S. Through RPX Partnership

Fractus Expands Its Connected Safety Licensing in the U.S.

Fractus, based in Barcelona, Spain, is at the forefront of antenna technology, and it has recently made headlines with a new licensing agreement with RPX Corporation. This collaboration expands Fractus's reach in the connected safety market across the United States. Known for its pioneering work in antenna design and intellectual property licensing, Fractus continues to lead advancements in this crucial sector.

The new agreement signifies not just an expansion of Fractus's licensee family but also a growing recognition of the need for efficient and reliable connectivity in connected security devices. This includes a range of products from alarm panels to smart home hubs, cameras, wearables, and emergency pendants, all requiring compact, high-performance, multiband antennas.

The Growing Demand for Connected Safety Devices

In recent years, the demand for connected safety devices has surged. According to industry experts at Berg Insights, there were approximately 36 million active monitored alarm systems in the U.S. and Canada by the end of 2023. This figure is expected to increase to 42.9 million by 2028, demonstrating a clear upward trend in the adoption of technology geared towards personal and property security.

Furthermore, the market for medical alert systems is predicted to rise as well; from 5.2 million users in 2023 to 7.5 million by 2028. The monetary value tied to these systems is forecasted to grow from €2.7 billion (around $2.9 billion) in 2023 to €4.1 billion ($4.5 billion) by 2028. This explosive growth creates an ever-present need for advanced technologies that facilitate seamless connectivity.

Innovative Licensing Solutions Through RPX

Fractus's partnership with RPX Corporation exemplifies a strategic approach to licensing by enabling multiple users to engage in a streamlined negotiation process. This unique framework not only promotes efficiency but also helps avoid the high costs and potential setbacks associated with legal disputes. Jordi Ilario, CEO of Fractus, emphasized this effective methodology, stating, “This agreement with RPX is a result of a pragmatic approach to large-scale licensing.”

By consolidating negotiations, both companies effectively mitigated potential risks that legal disputes might pose, ensuring all stakeholders can achieve optimal results without entanglement in litigation. RPX’s innovative negotiation strategies have proven successful, allowing Fractus to efficiently extend its technology to various new manufacturers and service providers in the connected security domain.

Fractus: A Leader in Antenna Technology

As a pioneer in applying advanced mathematics and geometry in antenna design, Fractus has developed an impressive portfolio, consisting of more than 40 patents. The company’s innovations deliver compact and highly efficient antennas that are instrumental across various segments, including smartphones, IoT devices, and health applications. Their technology has been licensed to leading global companies, further cementing their reputation in the industry.

Notably, Fractus was recognized as a technology pioneer by the World Economic Forum in 2005, and its inventors were finalists for the European Inventor Award in 2014. In 2017, the company received the European Inspiring Company Award from the London Stock Exchange Group, showcasing its impact and recognition in the technology sector.

The ongoing partnership with RPX Corporation highlights Fractus's commitment to innovation and its pivotal role in addressing the growing connectivity needs within the connected safety market. As consumer demands for efficient, effective security solutions evolve, Fractus is poised to lead the industry with cutting-edge antenna technology designed to meet these challenges head-on.

In conclusion, Fractus’s expansion of its connected safety licensing through this strategic agreement with RPX is a noteworthy development, underscoring the increasing significance of connected devices and the critical role of advanced antenna technologies in modern security applications.