ITM Power updates on patent portfolio
ITM Power, the clean fuel specialist, said its intellectual property portfolio portfolio had continued to grow in strength and in depth.
ITM Power, the clean fuel specialist, said its intellectual property portfolio portfolio had continued to grow in strength and in depth.
The firm said that since the start of 2010 it had seen 21 patents granted across ten patent families, covering technologies, materials or processes relevant to ITM Power's activities.
An additional seven new patent applications had been submitted which were now progressing through the patent system.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
ITM Power now has 94 separately granted patents and 64 pending patent applications across 31 patent families.
"The strength of our intellectual property is fundamental to the present and future value of ITM Power and I look forward to updating the market as our portfolio develops further," said ITM's Chief Executive Dr Graham Cooley.
The company's shares fell 4.2% following the announcement.
MM
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Football fans issued warning over ticket scams ahead of 2026 World CupSantander customers lost more to football scams in the first six months of 2025 compared to the same period in 2024, when total losses surged due to the Euros
-
Nationwide fined £44 million over “inadequate” anti-money laundering systemsFailings in Nationwide’s financial crime processes between October 2016 to July 2021 meant one criminal was able to deposit £26 million from fraudulent Covid furlough payments in just eight days.
