KPS assets for sale

Interested to see what emerges afterwards…

Did anyone find any of their patents? Many are listed, but my patent searches for KPS and Kite Power Systems turn up empty… came up with quite a few by using Kite Power Systems as the search term.
I could do with a robot arm kite launcher

Has anyone put down a bid?

JoeF caught at least one KPS patent-"KPS%20LTD"

That’s all. 2 Patents.

I found at least 7. But there seem to be a few more which are not searchable, perhaps still waiting to be published?

There are a lot of duplicate versions filed under different country classifications.

In summary, KPS has not been seen as claiming any specific inventive AWE break-through. At most, the IP marks off their design copyright space, with no key blocking concepts.

Note that “blocking IP” requires a patent holder to undertake development and/or license, not just sit on good ideas. Blocking is an active process. If Google, KPS, or any other patent holder, has a key AWE idea, its their play. Litigation and negotiation covers conflict cases. Bad ideas stop moving.

What are the KPS assets for sale, for those who are not LinkedIn members? Is this is good housekeeping, or blood-in-the-water?

Has anyone attended KPS test flights lately? The two-kite single-anchor architecture has likely self-fouled readily, by the looks of it.

EP2698312A1 search report: X, Y, Y, A.

EP2562084A1 search report: X, X, X, X, X.

I just looked and it doesn’t appear so. Looking at their reported financials, it looks like they are out of money and don’t really have any assets other than IP. The attorney listed as a contact regarding the offering is an IP attorney. Correct me if I’m wrong but didn’t Shell recently invest a good chunk of change into their R&D?

This is the official KPS buyout page. It looks like the venture has stalled, and is desperately seeking an angel. It could be a real bargain to the right investor, either as a “fire-sale” liquidation, or to “retool” (pivot).

It can be presumed that KPS field trials did not validate their two-kite/one-anchor architecture, and that the revised concept shown in artist’s conception form never materialized. A more kite-pro culture might have succeeded better than KPS’s MD-turned-AWE-developer origin.

Shell has “shelled-out” AWE R&D funding widely, for a long time, starting with LadderMill about two decades ago, later including KPS, and most recently with Makani. What they overlooked by this diversified investment pattern is a serious comparative R&D fly-off of the venture silos.

The latest Shell investment news is a bit cloudy, given the claim of Makani “acquisition by Shell” as a “European Perspective” in this paper. It had been thought of as a Google-Shell PR partnership.

We were perhaps unduly influenced by the impression KPS was being sold off in pieces. This is no bankruptcy sale, although cash must be tight. Instead, what this all amounts to is a hoped-for golden exit plan for the founding owners.

KPS can likely move forward under new ownership. It could be a great bargain, if run well.

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