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materiality 0.30
Network-1 subsidiary receives new HFT patent, expanding portfolio to 10 issued U.S. patents
NETWORK-1 TECHNOLOGIES, INC.
- USPTO issued Patent No. 12,107,587 covering FPGA with internal phase-locked loop for high-frequency trading.
- HFT patent portfolio now includes 10 issued U.S. patents and 3 pending applications.
- Patents acquired in March 2022; terms expected to extend until 2040.
- Technology relates to clock domain management for latency gains measured in nanoseconds.
- Network-1 owns 103 U.S. patents and 16 international patents across multiple portfolios.