Ocean Tomo Bid-Ask™ Market patent portfolio auction of patents related to retracting cable locks with GPS-enabled surveillance and tracking.
The patents in lot 87 cover the cable/chain recoiling function and how it improves on typical hand spooling, by automatically recoiling a loose cable/chain within the housing to increase efficiency. This also prevents cumbersome loose cable flailing that can cause damage to people or property.
The on-board GPS function increases security through motion activation, geo-fencing and real time tracking of property. This feature can be monitored by security personnel, fleet managers and other authorities via a smartphone or other handheld device, tablet or desktop computer; it can also be monitored through open API by an Unmanned Ariel Vehicle (UAV).
The patents in this auction would be of interest to construction industry trades, security companies, utility and transportation equipment management companies, fleet management companies, retail security companies, among others.
To request bidder credentials or for further information on this auction or other auctions on the Ocean Tomo Bid-Ask™ Market, contact Layna Guo at Layna@OTI.com or 1-312-327-8179.
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