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materiality 0.35
Network-1 subsidiary issued U.S. Patent No. 12,113,539; HFT portfolio grows to 11 issued patents
NETWORK-1 TECHNOLOGIES, INC.
- New patent covers FPGA with internal phase-locked loop for high-frequency trading latency gains.
- HFT Patent Portfolio now includes 11 issued U.S. patents and 2 pending applications.
- Portfolio was acquired in March 2022; patent terms currently expected to extend until 2040.
- Network-1 owns 104 U.S. patents and 16 international patents across five portfolios.