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SIM IP & Strong Force Partner to Boost Patent Strategy

SIM IP & Strong Force Partner to Boost Patent Strategy

 Sauvegarder Investment Management (“SIM IP”), a leader in intellectual property-based financing, investment, and monetization, announced that it has entered into an agreement with Strong Force Innovation Portfolios (Strong Force) for the further development and monetization of intellectual property (IP) created by Strong Force. 

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As a leading innovation company focused on technology convergence, Strong Force currently holds over 1,000 high-value patent assets. Developed in house, Strong Force’s innovations focus on AI-driven business applications across multiple sectors, including industrial technology, financial infrastructure, transportation, supply and demand chain, hospitality, media, health, and energy. 

Affiliates of Strong Force and SIM IP have entered into an agreement regarding the development, sale, and licensing of select patent assets that are technologically focused on industrial technology and geographically focused on Europe. Leveraging existing patent assets issued in the U.S. and open patent applications in Europe, Strong Force and SIM IP will work together to execute further development and patent prosecution with a goal to obtain issued patents in Europe over the next 12 months. SIM IP will own and have the ability to monetize these assets under a revenue sharing arrangement with Strong Force. The expectation is that this strategic relationship may expand into other technologies and additional assets.

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“Strong Force is excited to begin leveraging its leading technology innovations with a recognized leader in global IP monetization,” said Charles Cella, Managing Director and Co-founder of Strong Force. “Strong Force will continue pursuing strategic opportunities with companies seeking market leadership in the rapidly emerging business application layer of artificial intelligence, while also exploring additional monetization opportunities with SIM IP.”

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“We are grateful for the opportunity to work with Charles, Richard, Adam, and the rest of the Strong Force team,” stated Erich Spangenberg, CEO at SIM IP. “We anticipate that we can begin to see revenue from this project as early as late 2025. With the results and outcomes I’m confident that my team will deliver, we look forward to deepening this relationship with Strong Force.”

To share your insights with the FinTech Newsroom, please write to us at sudipto@intentamplify.com

Source – PR Newswire

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