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GoPro's US Patent Portfolio Surpasses 1,000 Granted Patents

GoPro, Inc. (NASDAQ: GPRO) announced that its US patent portfolio has surpassed 1,000 granted patents, totaling over 1,600 globally.

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Rhea-AI Summary

GoPro, Inc. (NASDAQ: GPRO) announced that its US patent portfolio has surpassed 1,000 granted patents, totaling over 1,600 globally. This milestone reflects the company's commitment to innovation since its founding in 2002. CEO Nicholas Woodman emphasized the importance of unique solutions in enhancing user experiences. GoPro's patent portfolio has received recognition, ranking 24th overall and 27th in high-tech by Patexia's 2021 report. Additionally, IEEE Spectrum ranked GoPro 4th in the electronics category for valuable patent portfolios in 2017.

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Positive

  • Surpassed 1,000 US patents, enhancing competitive edge.
  • Total global patents exceed 1,600, showcasing strong innovation.
  • Ranked 24th overall by Patexia for patent performance.

Negative

  • None.
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News Market Reaction – GPRO

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SAN MATEO, Calif., Sept. 2, 2021 /PRNewswire/ -- GoPro, Inc. (NASDAQ: GPRO) today celebrated its US patent portfolio surpassing 1,000 granted patents, bringing its globally granted patent total to more than 1,600.

"Inventing meaningful and unique solutions has been a priority at GoPro since our founding in 2002," said Nicholas Woodman, GoPro's founder and CEO who is a named inventor on 134 issued patents. "We're passionate about enhancing how we all share and relive experiences because we believe doing so makes people happier and more fulfilled."

GoPro's culture of innovation has spawned a patent portfolio consistently recognized by industry experts for its quality, depth and variety. In 2021, Patexia recognized GoPro on its 'Top 100 Best Performing Companies Overall' (No. 24) and 'Top 100 Best Performing Companies in High-Tech' (No. 27) lists. Patexia's report evaluated thousands of companies, scoring their patent portfolios on breadth and diversity of coverage plus efficiency and speed of obtaining patents.

GoPro was also ranked No. 4 in the electronics category and No. 31 overall by IEEE Spectrum's 2017 power rankings for the technology world's most valuable patent portfolios.

For more information about GoPro, visit www.gopro.com.

About GoPro, Inc. (NASDAQ: GPRO) 
GoPro helps the world capture and share itself in immersive and exciting ways.

For more information, visit www.gopro.com. Members of the press can access official brand and product images, logos and reviewer guides by visiting GoPro's press portal. GoPro users can submit their photos, raw video clips and edits to GoPro Awards for a chance to be featured on GoPro's social channels and receive gear and cash awards. Learn more at www.gopro.com/awards. Connect with GoPro on Facebook, Instagram, LinkedIn, TikTok, Twitter, YouTube, and GoPro's blog The Inside Line.

GoPro, HERO and their respective logos are trademarks or registered trademarks of GoPro, Inc. in the United States and other countries. All other trademarks are the property of their respective owners. © 2021 GoPro, Inc. All rights reserved

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/gopros-us-patent-portfolio-surpasses-1-000-granted-patents-301368210.html

SOURCE GoPro, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What milestone has GoPro achieved with its patent portfolio?

GoPro has surpassed 1,000 granted patents in the US, totaling over 1,600 globally.

How does GoPro's patent portfolio rank according to Patexia?

GoPro is ranked 24th overall and 27th in high-tech by Patexia in 2021.

What is the significance of GoPro's patent achievements for investors?

The milestones in GoPro's patent portfolio enhance its competitive edge and potential for future innovations.

Who is the CEO of GoPro and what did they say about the patent milestone?

CEO Nicholas Woodman highlighted the importance of innovation and unique solutions for enhancing user experiences.

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