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Microcap & Penny Stocks : AgJunction Inc. - HW/SW for Precision Agriculture
AJX.TO 0.4800.0%Jul 30 4:00 PM EDT

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From: Sultan7/10/2019 9:30:04 PM
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AgJunction Secures Patent for Integrated Multi-Sensor Vehicle Control

SCOTTSDALE, AZ, July 9, 2019 /PRNewswire/ - AgJunction Inc. (TSX: AJX), the Autosteering Company™ ("AgJunction"), has announced that it has received a notice of allowance from the U.S. Patent and Trademark Office for a patent titled "Integrated Multi-Sensor Control System and Method."

"As we move toward increased vehicle autonomy and multi-vehicle cooperation in agriculture, more robust guidance and vehicle controls are necessary," states M. Brett McMickell, sr. vice president of global product development. "This invention improves both by fusing data from multiple sensors to create a consistent and detailed understanding of the environment and operations being conducted."

"AgJunction has the most comprehensive intellectual property portfolio in precision agriculture and vehicle control, providing unmatched IP protection for our OEM and VAR partners," said Bob Barjesteh, vice president M&A, IP and general counsel for AgJunction. "Our plan is to continue building the strength of our portfolio protecting our new products and aggressively enforcing our patent rights against infringers in the industry."

Since 2016, AgJunction has added 72 new patent matters and has had 12 new patents issued. The company currently owns or exclusively licenses approximately 200 precision agriculture patents and pending patents worldwide.

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