HomeFinTechHITIQ: Secures third Australian innovation patent

HITIQ: Secures third Australian innovation patent

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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
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