Intellectual Property licensing and commercialisation company Marathon Patent Group aims to expand its Asia operations after securing 40 electrode patents.
The US firm’s wholly owned subsidiary Traverse Technologies acquired a portfolio of around 40 worldwide patents from CPT IP Holdings, LLC.
The portfolio relates to battery anodes and cathodes that use both nano-materials and nano-structures to significantly improve battery performance for large-scale applications such as electric vehicles and consumer electronics,
Doug Croxall, Marathon’s chief executive officer, said: “Importantly, this portfolio will further expand Marathon’s patent licensing activity into Asia, while remaining active in both the United States as well as countries in Europe.”