Futuristic mouthguard concept 2
Adobe Stock
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

HITIQ Ltd (ASX:HIQ) has received approval for its second US patent covering its proprietary mouthguard tech, one that contains sensors designed to map blows to the head in the name of concussion research and prevention.

The company has been in the concussion space for a number of years and continues targeting Rugby organisations for implementation of its mouthguards where concussions to players are a well known complication of the sport.

In the last week, the company has also pivoted to the education sector – hoping to get kids wearing its mouthguards. To be sure, it’s possible the company could get more enthusiastic support from parents and schools with a view towards concussion prevention.

This is the second patent approval in under a month for the company – Wednesday’s announcement relates to a patent covering accessory parts of the mouthguard proper.

“A key part of HITIQ’s patent strategy, including in relation to this patent, is to seek coverage over technologies which allow for instrumented mouthguard technology to transition from bespoke research tools, and into commercial use devices for sports participants at all levels,” HITIQ CEO Mike Vegar said.

“This IP goes a long way to ensuring functionality, comfort & manufacturing efficiency across all of the targeted product markets.”

The company is unique as far as the ASX goes, being the only one of its kind listed in Australia.

The company is tapping into a growing trend. The University of South Australia was last year looking at “brain biometrics” in sports concussions, and the topic of sports concussions broadly continues to be increasingly discussed in the media broadly, and is only receiving more academic attention.

HIQ last traded at 1.7cps.

hiq by the numbers
More From The Market Online
The words "ASX Market Open" appear alongside a Bear ( FALL ) with a market chart graphic floating above it. The whole image is faded yellow and orange.

ASX Today: XJO down -2% as investors presumably realise 4% CPI isn’t a good thing

When America coughs the world catches a cold, but apparently Australia’s immune system is compromised.

Broken Hill Gold obtains third gold pour from existing heap leach ore at White Dam

Broken Hill Gold has achieved a third gold pour from re-crushed material on the existing heap…
Flexiroam concept traveller using global eSIM network

This ASX comms stock is up +160% over the last year, and just turned profitable. Here’s how FlexiRoam disrupts the market

If you’ve gone travelling overseas in the last few years, you may have heard of eSIMs – in essence, a digital SIM card

Elixir Energy hits milestone at Lorelle-3H well with commencement of post-soak flow testing

Elixir Energy is set to hit a key milestone with a new phase of testing of…