other material
confidence high
sentiment positive
materiality 0.55
Know Labs forms licensing unit KTL to monetize RFDS IP across industries
USBC, Inc.
- New business unit KTL licenses Know Labs' radio frequency dielectric spectroscopy (RFDS) IP to corporate, academic partners.
- Modeled after Qualcomm's QTL; will generate licensing revenue from industrial, auto, consumer electronics, IoT applications.
- First focus is non-invasive blood glucose monitoring; also targeting a 'smart steering wheel' for automotive safety sensors.
- Will provide SDKs and RFDS test automation tools to licensing partners; driven by unsolicited inbound demand.