US Patent Issued to ISCAR on July 28 for "Cutting tool and cutting insert having a mounting cut-out therefor" (Israeli Inventor)

ALEXANDRIA, Va., July 28 -- United States Patent no. 12,691,502, issued on July 28, was assigned to ISCAR LTD. (Tefen, Israel).

"Cutting tool and cutting insert having a mounting cut-out therefor" was invented by Shimon Athad (Maalot, Israel).

According to the abstract* released by the U.S. Patent & Trademark Office: "A cutting tool has a cutting insert removably secured to a holding portion of an insert holder. The cutting insert has opposing first and second end surfaces with an insert peripheral surface and a central axis extending therebetween, at least one cutting portion, and at least one mounting cut-out. Each cutting portion has a cutting edge and an adjacent relief surface facing in a first rotary direction about the central axis...