Initial indications of interest due November 7, 2022
NEW YORK, September 13, 2022 /PRNewswire/ — Hilco Streambank (www.HilcoStreambank.com) has announced that it is seeking offers to acquire or license the intellectual property portfolio supporting innovative amphibious vehicles. Assets available include an extensive patent portfolio spanning multiple product families worldwide, CAD files, BOMs, test data, specifications, over a dozen unique trademarks, and additional related materials.
The first signs of interest are due to Hilco Streambank at the latest November 7, 2022. Assets are offered for sale or licensed through a private transaction on behalf of the technology developer and manufacturer.
The technology covered is pioneering in solving a fundamental challenge in the production of high utility amphibious vehicles, namely, achieving high speeds on water and land with minimal transition time. The patent portfolio covers a number of territories, including the United States, China, Europeand the UK, and several key technology areas including concept and design, wheel retraction and steering, engine cooling, powertrain, hull and hydrodynamics, and more.
CEO of Hilco Streambank Fried Gabe said, “This technology is the culmination of decades of innovation and more than $200 million in research and development, which represents a significant advance in the field of amphibious vehicle technology. Fried continued, “The consumer and commercial applications of this technology are vast and should be of interest to many potential buyers or licensees. These vehicles continue to operate worldwide as tenders for yachts, rescue and patrol in coastal areas and general recreation. There are clear paths to further develop markets including leisure, military, hunting, search and rescue, agriculture, luxury and other utility applications.”
Interested parties can click here to learn more and are encouraged to contact Hilco to access confidential information.
About Hilco Stream Bank: Hilco Streambank is a market leading consultancy specializing in the disposal and valuation of intellectual property. Having completed numerous transactions, including sales in publicly reported cases, private transactions and online sales via IPv4.Global, Hilco Streambank has established itself as the premier intermediary in the communities of consumer brands, Internet and telecommunications. Hilco Streambank is part of Northbrook, Ill. based at Hilco Global, the world’s leading authority on maximizing business asset value by providing valuation, monetization and advisory solutions to an international marketplace. Hilco Global operates more than twenty specialized business units providing services that include asset appraisal and valuation, acquisition and disposition of retail and industrial inventory, real estate and strategic capital investments.
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SOURCE Hilco Stream Bank