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Avancy Unveils 5G Connected Vehicle Licensing Program 'Avancy 5G Vehicle'
▲ Avancy 5G Vehicle: 58 patent holders and 1 licensee
Participation of 58 patent holders and 1 licensee, including most essential mobile communications patents
Avanci, a global leader in the co-licensing solutions market, is launching a 5G connected vehicle licensing program that includes most essential mobile communications patents.
Avancy announced on the 17th the Avancy 5G Vehicle Program, which simplifies the licensing of mobile communication technology for next-generation connected vehicles.
This program licenses standard patented technologies essential for 5G, 4G, 3G, and 2G connectivity, including Vehicle-to-Everything (C-V2X) communication, which enables vehicles to communicate directly with other vehicles, bicycles, pedestrians, and traffic infrastructure.
The Avancy 5G Vehicle Program is joined from the start by 58 patent holders and one licensee, and the licenses under this program cover most of the standard patented technologies essential for implementing mobile communication connectivity.
Laurie Fitzgerald, Senior Vice President of Avancy, explained the program, stating, “The launch of the Avancy 5G Connected Vehicles program is a very important milestone for Avancy, and we are now able to support the launch of 5G-based connected vehicles by providing automakers with mobile communications patented technologies from various global organizations through an efficient single contract option.”
In addition, “partner companies that have collaborated for the Avancy 5G Vehicle Program“I am grateful for the faith and trust shown to us, and I am proud to announce the launch of the program,” he said.
Avancy's new program is built upon the success of the Avancy 4G Vehicle program. Currently, more than 130 million connected vehicles from over 80 automotive brands worldwide are driving under the Avancy 4G Vehicle license.
Roger Lanctot, Director of Automotive Connected Mobility at TechInsights, explained, “The technological transition from 4G to 5G will be completely different from previous wireless transitions. For the first time in history, automakers are facing an industry innovation that impacts every aspect, including vehicle development, sales, and ownership. With 25 global automakers having decided to adopt it, the outlook for 5G, which will revolutionize vehicle connectivity, is bright. TechInsights expects the share of 5G-connected vehicles to increase to over 50% of new car production in five years.”
Kasim Al-Farahi, founder and CEO of Avanci, explained the company's philosophy, stating, "Avanci was founded under the vision of 'simplifying the way technology is shared.' We are striving to ensure that many inventors around the world can have their achievements recognized and receive the rewards they deserve. Furthermore, by making patented technology easily accessible, we support companies in developing new and exciting products that improve the lives of people worldwide."
Descriptions of the patent holders and licensees of the Avancy 5G Vehicle Program, as well as pricing and conditions for early participation, can be found on the Avancy website (avanci.com/5gvehicle).
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