FLYDIVE PATENTS POISED TO STRENGTHEN HYDROFLIGHT INDUSTRY
Recently you may have read our H2RO article entitled HYDROFIGHT SPORTS in which we shared the current state of the Hydroflight Industry and gave an overview of the patent wars that have been active since 2009. As we explained in our September 2016 article patents are important to protect innovation and intellectual property. Zapata Industries had announced via press release their intentions “to vigorously enforce its patent portfolios to eradicate the marketplace of all infringing products.” to quote Gregg Donnenfeld, Chief Operating Officer and General Counsel of Zapata.
Now with today’s press release from FlyDive Inc, it seems that Zapata Industries may also find themselves on the ‘patent infringing’ side of the equation.
Below we have shared the key components of the press release along with a list of these newly acquired FlyDive patents.
DISRUPTIVE WATERSPORT COMPANY, FLYDIVE, ELEVATES INDUSTRY WITH DOMINANT PATENT PORTFOLIO ACQUISITION
Innovative Hydroflight Company Expands Product Sales Nationwide As Newly Acquired U.S. Patents Provide Runway to Lead Future of Sport
SAN DIEGO, Calif. – Nov. 1, 2016 – FlyDive, a leading watersports product company specializing in Hydroflight, today announces its Intellectual Property (IP) portfolio acquisition that now makes the company owner of the patents that encompass most of the major components of all modern Hydroflight products. Hydroflight products are ridden by way of water jet propulsion via connection to a personal watercraft (PWC), enabling riders to fly above water.
The Hydroflight sport was introduced to the U.S. in 2012 and features several devices for riders to experience water-jet-powered flight, including: jetboards, jetpacks and jetbikes.
In 2015, FlyDive entered the market with its goal of providing safe, family-friendly Hydroflight products. The company’s acquisition of the most comprehensive patent portfolio in the Hydroflight space, along with its own patent-pending technology, allows the company to continue to innovate and expand its roster of retailers and watersport rental operators nationwide.
FlyDive is privately held, funded by venture capitalists including Thynk Capital, a prominent venture fund focused on innovative technologies. FlyDive is raising additional growth capital to fuel its fast-growing product roadmap and market expansion. The company, in early 2016, began roll out of its flagship product, the family-friendly X-Board, and the reception was exceptionally positive. FlyDive aims to use its powerful patent portfolio to propel innovation forward, and build a healthy Hydroflight industry and ecosystem.
“We’re thrilled to announce that FlyDive is the owner of the leading Hydroflight technology,” states FlyDive CEO, Christos Nicolaidis . “Unbeknownst to many, we innovated early, as this industry was just beginning, and some of the most valuable and impactful performance designs were developed in our facility. Now that we have acquired the patent protection covering our original designs and more, we’ve secured proper growth and a healthy runway for our product development. We understand the potential impact of what one company can do with this ownership, and we’ll continue to grow the sport to be one that is inclusive of professional athletes, novices and families, benefiting retailers, rental operations, and other product companies within our industry as well.”
The original design and utility patents were filed in 2012, with additional filings thru 2016. The comprehensive portfolio of Hydroflight patents includes:
- the individual jet nozzles enabling independent foot steering;
- the 360-degree swivel joint that attaches the hose to a Hydroflight device;
- the handheld wireless controller which operates the PWC throttle and includes engine cut-off switch;
- the quick-connect coupling that attaches the hose to a Hydroflight device;
- the quick-connect coupling that attaches the U-pipe to the back of a PWC;
- the quick-disconnect for interface of Hydroflight devices with bindings or boots;
- the locking mechanism to enable or disable the individual foot steering capability;
- springs to return the individual feet to their neutral position;
- the Hydroflight board which floats in water;
- the wireless controller that adjusts jet nozzle direction;
- the thrust nozzle reducer;
- adjustable thrust nozzles;
- the Hydroflight board with a narrow mid-section;
- hand grips on Hydroflight devices;
- the hoverboard;
and many other claims.
FlyDive invented and developed strong original IP as well. Their experimentation with advanced waterflow analysis unlocked proprietary methods for designing jetboards with optimized performance, and led to patents encompassing jetboard shape, waterflow management and more.
With lighter, softer control inputs, and a compact, balanced platform employed in the X-Board, FlyDive proved the theory that Hydroflight could be learned and adopted easily by the average person. They have additional proprietary designs in progress focused on maximizing performance of Hydroflight athletes.
The stories around the acquisition of these patents sound like they’re part of a Hollywood action movie script. Ultimately FlyDive’s press release is further proof that the future of Hydroflight Sports is one that will include multiple manufacturers, many different products and exciting options for more athletes.
FlyDive Finalist in Connect Most Innovative Product Awards competition
More FlyDive news! FlyDive entered the X-Board in the prestigious Connect Most Innovative Product Awards competition, and with the largest pool of submissions in the 29-year history of the Awards, they were selected as one of three finalists in the Sport and Active Lifestyle Technologies category!
Dave Cynkin and Christos Nicolaidis presented to a large panel of judges consisting of business and innovation leaders, and there was a ton of interest and excitement about the X-Board (many of the judges approached us after the presentation, wanting to come out flying). They find out Dec 1st who takes home the overall category win.
At H2RO we want to see our industry grow, more competitions created that include divisions for all Hydroflight athletes (Jetboard, Jetpack and Jetbike), continued product innovation and greater adoption of our sport by the mainstream media and general public.
It’s going to happen, we just want it all sooner than later!
Fly Safe, Fly Often.