LightMetrics Technologies Pvt. Ltd, a Bangalore based start-up has been granted a patent for inventing a system for estimating distance of an object from a moving vehicle. The patent is aimed at estimating distance from a moving vehicle to avoid accidents and ensure safe driving.
This start-up provides safety systems for vehicles in order to make driving safer with utilization of computer vision and machine learning techniques. Apart from this, the start-up focuses on video telematics to capture evidence around accidents and other incidents.
As per the publically available data, the start-up has filed only one patent application till date. The patent application was filed on 6th December 2017 and has received the patent grant on 7th January 2020. As per the initial observation, this one odd patent is a good start but will hardly give any protection to the start-up in an already patent crowded technological landscape. It seems that the start-up may have to rethink their strategy of how to use patents/patent portfolio as a strategic tool: be it using for protection, using it for issuing impactful press releases or raising the valuation by partially owing the technological landscape.
This granted patent focuses on inventing a system for estimating distance of an object from a moving vehicle. The system utilizes multiple cameras installed on a moving vehicle to capture real time images of the road on which the vehicle is moving. After capturing the real time images of the road, the system calculates length of the vehicle based on: distance of the object from the front camera; distance of the object from the rear camera; and current speed of the vehicle. Based on this, the system electronically determines a real-world distance of the object on the road from the moving vehicle.
The patent can be accessed through the given link: https://patents.google.com/patent/US10529083B2/en.
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