HITIQ: Secures third Australian innovation patent

HITIQ Secures third Australian innovation patent

  • HITIQ (HIQ) secures a third Australian innovation patent related to its virtual reality (VR) concussion diagnostic technology
  • Key features of the patent cover combining data from the company’s virtual reality testing platform with data from its instrumented mouthguard technology
  • Commenting on the patent protection, CEO Mike Vegar said it forms an important element of the company’s commercialisation strategy
  • The patent portfolio covers numerous facets of company’s technology framework, including hardware, manufacturing and calibration techniques, and data processing methods
  • Shares in HIQ hold steady at 6.7 cents at market close
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Experian Launches Credit Score App in ChatGPT, Enhancing Financial Access

New tool enables users to check credit scores effortlessly via ChatGPT.Highlights: Experian's app allows users to check credit...

US Senate Passes Bill Banning Issuance of CBDCs

Legislation aims to restrict the development of digital currencies by the Federal Reserve.Highlights: The US Senate approved a...

Truist Expands Open Banking Offerings with Plaid Partnership

Collaboration aims to enhance customer access to financial services.Highlights: Truist collaborates with Plaid for open banking expansion.The partnership...

UK’s National Fraud Database Reports 444,000 Fraud Cases in 2025

Cifas reveals a significant rise in reported fraud incidents across the UK.Highlights: Cifas reported 444,000 fraud cases in...