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Vection Technologies (ASX:VR1) lodges healthcare patent application

Technology
ASX:VR1      MCAP $25.34M
23 September 2020 14:15 (AEST)
Vection Technologies (ASX:VR1) - Managing Director, Gianmarco Biagi

Source: Confindustria Emilia

Vection Technologies (VR1) has lodged a patent application to cover the technology used in its augmented reality (AR) healthcare solutions.

The application is titled “Method for customisation and re-execution of video sequences in a virtual world” and was filed with the Italian Patent and Trademark Office.

If granted, this will pave the way for future patent grants in the European Union and allow for possible protections in Australia and the U.S.

This news follows Vection’s recent trial agreementto test its AR healthcare solutions with Moscati hospital and Luiss Liberia Università Internazionale deluge Studi Sociali Guido Carli.

This trial will focus on AR in endoscopic surgery and electronic medical record system access through wearable devices.

Vection claims this trial is critical in introducing AR solutions in hospitals and the Italian healthcare sectors.

“The lodgement of this patent represents an additional step forward in the company’s overarching strategy and, if granted, will enable the company to protect its interests within the healthcare market segment,” Managing Director Gianmarco Biagi said.

Vection is up 4.49 per cent and shares are trading for 8.5 cents each at 1:52 pm AEST.

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