Vitek IP Announces the Availability of the Advanced Driver Assistance Patent Portfolio Post in Uncategorized Advanced Driver Assistance Patent Portfolio Vitek IP, LLC announced that they are the exclusive representative to sell a broad portfolio of patents related to driver assistance, vehicle connectivity, vehicle safety, and eco-friendly fuel savings. The Advanced Driver Assistance patent portfolio contains 35 patents within 4 patent families and covers significant technology related to automated vehicle assistance. The patent owner spent over $5 million in developing this patent portfolio with priority dates as early as 2004. The 24 issued U.S. patents and 8 pending applications cover numerous technology applications including auto-drive, engine shutoff, active suspension, platooning, and determining proximity using LiDAR. The patent portfolio is directed toward technologies being implemented by major automotive companies. Key patent families are applicable to solutions provided by all major automobile and vehicle manufacturers. One key patent covers the use of a laser to determine distance to an object, providing speed-dependent alerts to the driver. Many vehicles currently utilize these range finders and it is projected that LiDAR will be a ubiquitous technology used in all vehicles in the next few years as LiDAR becomes commoditized. Vitek IP has documentation of use by major auto manufacturers as a key component of their autonomous driving systems. Evidence of Use for Key Patent 1 Two additional key patents in the Advanced Driver Assistance portfolio cover use of acceleration data to control vehicle performance systems. One such performance system is the semi-active and active suspension systems available in many automobiles, ATVs, off-road vehicles, and motorcycles. Most active driving dynamics management systems that adjust suspension and shock systems according to acceleration data utilize the patented technology. Evidence of Use for Key Patents 2 & 3 A fourth key patent is directed to a communication system for vehicles to transmit changes in speed between each other. The patented technology is commonly applied to platooning methods employed by major trucking companies, and it is anticipated that it will be utilized by automobiles in the near future. Evidence of Use for Key Patent 4 A fifth key patent is directed toward engine shut-off technology when idling to save fuel and reduce risks of carbon monoxide poisoning. The patented claims are utilized in the remote start, idle safety, and ECO start-stop features on many cars currently available in the market. Evidence of Use for Key Patent 5 Vitek IP has developed documentation of use of all five key patents by major automotive and vehicle manufacturers. The Advanced Driver Assistance patent portfolio contains foundational patents covering driver assistance and vehicle connectivity technologies. The availability of an automotive portfolio with this breadth and exceptional quality is rare on the patent market. The patent portfolio is being offered to a limited number of potential buyers. Offers for the patents will be reviewed as they are received, and the patent owner intends to finalize a transaction in Q4 2020. To receive an overview of the portfolio or detailed market materials, contact us via email at email@example.com. Detailed Evidence of Use materials are also accessible under NDA. Review all of Vitek’s available patent portfolios, or contact us to inquire about portfolios not publicly offered. About Vitek IP, LLC. Founded by a team with over four decades of experience in IP and tech, Vitek’s patent consultancy, brokerage group, and research organization provides clients exceptional guidance navigating the patent landscape. Vitek team members have developed and managed hundreds of patent transactions for the world’s largest telecommunications, software, and computer companies. For more information, visit www.vitek-ip.com.