With the seemingly endless litigation now finally nearing a potentially favorable result (see below), shareholders have asked: “What would ParkerVision DO with the cash it hopes to receive?”
The short answer: We’d go back to work.
And we have a big head start.
Before ParkerVision was forced to curtail its R&D, the Company continued to develop patented wireless technology:
- ParkerVision has found a way to reduce one of the most power-consuming functions of wireless portable devices: getting the RF signal from the wireless device to the cell tower. ParkerVision has re-invented how this can be done. What is now commonly a low energy efficient process will be up to 75-90% efficient. The more wireless data usage by a device, the greater will be the battery-life improvement end users will enjoy.
- ParkerVision has invented new antenna technology that further improves how wireless devices operate in crowded environments, enhancing both reliability and range.
- ParkerVision has reimagined how data can be processed in wireless devices to further increase speed and reduce power consumption.
Once ParkerVision’s right to equitable license fees has been established in court, it is the Company’s intention to license these additional innovations on terms favorable to both the Company and its licensees.
So: What will ParkerVision do with compensation it may receive from the current litigation?
It will rebuild its team of researchers and engineers to bring these latest technologies to market and to invent new technologies that advance the performance of the growing 5G and 6G wireless ecosystem—technologies developed and designed in the USA.
Faster, smaller, better, and less expensive.
And yes, depending on the resources available, it may reward its shareholders with a dividend. No nation can enjoy vibrant innovation without rewarding inventors via enforceable patents—or investors via attractive returns.