US Patent Issued to Molocar on March 17 for "Asset location system and method of use" (Texas Inventor)

ALEXANDRIA, Va., March 17 -- United States Patent no. 12,579,509, issued on March 17, was assigned to Molocar Inc. (Irving, Texas).

"Asset location system and method of use" was invented by Michael S. Hanna (Colleyville, Texas).

According to the abstract* released by the U.S. Patent & Trademark Office: "An improved asset location system deploys gateways to communicate with transmitters that are disposed upon an asset. The gateway to create a web of interlocking area where the gateways communicate with the same transmitters. These measurements are combined to increase the accuracy of location data provided to track or locate assets within an operations area."

The patent was filed on Aug. 24, 2023, under Application No. 18/455,272.

*For f...