Inpixon (INPX) Secures Patent for Use of Sensor Fusion to Determine Location
Inpixon (Nasdaq: INPX), the Indoor Intelligence™ company, today announced it has received a Notice of Allowance from the U.S. Patent and Trademark Office allowing its patent application covering a multi-channel spatial positioning system. The company believes this patent affords it broad protection in the critical area of sensor fusion which can increase location determination accuracy by combining multiple methods of positioning including radio frequency, inertial measurement data from wearables, video, sound, temperature, and chemical sensor inputs. The patent covers Inpixon's unique invention of combining multiple methods of positioning and overlaying each with its own confidence factor to achieve more accurate location determination than a single method.
Adam Benson, Inpixon CTO, commented, "This important patent broadens and strengthens our IP portfolio as well as provides Inpixon a unique advantage by protecting the use of combining multiple, often radically different, techniques to achieve the most accurate location results. It's widely recognized that there is no perfect positioning system or technology on the market, and that better results are possible by combining multiple algorithms and techniques. Through these patented methods, we are able to activate data from the physical environment, wearables or signals from a person, and external data to deliver more complete and accurate results that leverage our map, video and augmented reality platforms. Location accuracy is extremely important to address many use cases, including logistics optimization, asset tracking, navigation, geofencing, worker safety, and more, making this a major differentiator for Inpixon."
Nadir Ali, CEO of Inpixon, stated, "We are proud to be awarded this patent and look forward to providing our existing and prospective customers with first-in-class accuracy and features that leverage their existing technology investments to gain valuable insights on their facilities. With this patent, we believe Inpixon is positioned to provide the most effective location solution in the market."