ALEXANDRIA, Va., March 3 -- United States Patent no. 12,567,524, issued on March 3, was assigned to Reaction Labs LLC (Austin, Texas).
"Foldable magnetized cables" was invented by John Nashed Hanna (Austin, Texas).
According to the abstract* released by the U.S. Patent & Trademark Office: "A foldable magnetized cable (FMC) includes two or more segments or folds and produces a persistent magnetic field that aids in aligning and maintaining alignment of the folds during folding for storage or transport. The magnetic field is sufficiently strong to maintain the FMC in a folded state, but not strong enough to prevent a user from easily unfolding the FMC manually. The FMC may include a foldable elongated flexible magnetic component (EFMC) incl...