LOT continues to experience unprecedented growth — a testament to our collective effort and shared vision. In the first quarter alone, we’ve welcomed 252 new members, setting us on track to exceed 1,000 members this year. We are now the world’s largest patent pool, both in membership size (3,900+) and number of assets (4.4 million) under license. We’re also proud to be meeting the needs of our members, by offering a platform that enables those with an abundance of patents to transfer or sell them to members who could benefit from them. We’ve seen this recently with Meta’s transfers to fellow members Starbucks, Midjourney, and Instacart.
Yet, our mission extends beyond patents. We’re actively championing the cause to address the Diversity, Equity, and Inclusion (DEI) pipeline issue. You can contribute to this effort by supporting remarkable organizations like FADIPL and ADAPT. Your involvement can truly make a difference.
I invite you to our annual member meeting, LOT Network BRIDGE. It’s more than an event; it’s a convergence of minds and ideas aimed at furthering our collective mission. This year, we’re celebrating 10 years of LOT Network! Join us in raising a toast to the way that, together, we’re paving the way for a more inclusive and innovative future. Hope to see you there!
Ken Seddon
CEO, LOT Network