Research and innovation in fintech in the air force equipment and technologies sector has declined in the last year. The most recent figures show that the number of fintech related patent applications in the industry stood at 15 in the three months ending May – down from 21 over the same period in 2021.
Figures for patent grants related to fintech followed a similar pattern to filings – shrinking from 23 in the three months ending May 2021 to seven in the same period in 2022.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The figures are compiled by GlobalData, who track patent filings and grants from official offices around the world. Using textual analysis, as well as official patent classifications, these patents are grouped into key thematic areas, and linked to key companies across various industries.
Fintech is one of the key areas tracked by GlobalData. It has been identified as being a key disruptive force facing companies in the coming years, and is one of the areas that companies investing resources in now are expected to reap rewards from.
The figures also provide an insight into the largest innovators in the sector.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataThales SA was the top fintech innovator in the air force equipment and technologies sector in the latest quarter. The company, which has its headquarters in France, filed nine fintech related patents in the three months ending May. That was down from 12 over the same period in 2021.
It was followed by the US based Boeing with three fintech patent applications, the US based Raytheon Technologies (one application), and the US based Lockheed Martin (one applications).
