Benzinga | Oct 12, 2021 09:30AM EDT

Inpixon Granted Patent For Methods To Track Certain Critical Assets Using GPS, Cellular, Sound And Vibration

Inpixon (NASDAQ:INPX), the Indoor Intelligence(tm) company, today announced it has received a Notice of Allowance from the U.S. Patent and Trademark Office allowing its patent application for certain geolocation and state-reporting methods and techniques for weapon tracking and reporting utilizing GPS, cellular, sound and vibration. The technologies could be applied to a range of critical asset tracking use cases, for example, to report the location of a fired weapon.

"We continue to expand our strong intellectual property portfolio and are pleased to be awarded this new patent, which follows the recent announcement of our multi-channel spatial positioning patent," commented Adam Benson, CTO of Inpixon. "Asset tracking provides valuable information across a diverse range of applications including safety and security. Inpixon uses certain of these newly patented methods in its weapon tracking product today and intends to apply the range of covered techniques into other critical asset tracking solutions. We see significant market potential for this latest IP across the military, law enforcement and other use cases."