Friends of LOT:
2024 was a record-breaking year for us: over 1,000 new members in one year! We have passed several new milestones in growth and importance to the global innovation ecosystem. We have expanded significantly in critical industries that are becoming more digital, such as medical devices and energy, as well as vital technologies such as semiconductors. We are thrilled to share that we have surpassed 4,500 members and 4.9 million patent assets under the LOT Network Agreement. This means our members are immunized from 20% of all active US patents, and we are proud to count 51% of the Global S&P 100 and 43% of the Fortune 100 among our members.
As a pre-emptive measure, we took our 10th anniversary as an opportunity to strengthen the protection and tools the LOT Network Agreement provides our members. The amendment was unanimously approved, and all current and future members of LOT are now operating under these updated terms.
Our growth has earned the attention and respect of other thought leaders in the IP community. For example, Judge Grabinski, President of the Court of Appeal and Chairperson of the Presidium of the Unified Patent Court, spoke at our annual members’ meeting (LOT Network BRIDGE) in Chicago this year. We are also excited to announce that Judge Alan Albright will be our keynote speaker at BRIDGE on September 3, 2025.
To meet the needs of our members, we have significantly increased the resources available through our member portal. If you are a paying member, please register so you can gain access to webinars, the patent purchase platform, and news updates. You can also find information about whether a particular asset was ever owned by a LOT member and numerous opportunities to interact and network with fellow members on any IP-related topic. Your trust and participation are what drives our success.
Best Regards,
CEO, LOT Network