The USPTO met a major milestone by reducing the patent application backlog to below 800,000 – helping inventors and businesses secure the intellectual property protections they need to support the economy. Reducing the inventory and shortening patent pendency positively impacts the economy. According to a recent study from the USPTO's Office of the Chief Economist, a one-week patent pendency reduction could increase a U.S. company's financial value on average $35,000. In July, the agency set out
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To the innovators who are lifting communities through your patents and trademarks, we see you. We were delighted to celebrate 12 organizations that are using technology to meet global humanitarian needs during this year's Patents for Humanity Green Energy and Trademarks for Humanity awards! Winners include: • Emrgy Inc. • Hydrokinetic Energy Corp. • Natel Energy • SpecMat • Wind Harvest • ZeroAvia • T2C-Energy LLC • Pirl • Olaunu, LLC • genmoji • World Centric • YKK AP America Inc. | United Stat
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