NEXT DYNAMICS, INC. RECEIVES PATENT GRANT IN SOUTH KOREA & NOTICES OF ALLOWANCE FOR EUROPEAN & ISRAEL PATENT APPLICATIONS
The grant & allowances solidify intellectual property protection for the Company’s tested and proven ballistics technology in key geographic regions.
Wilmington, North Carolina, April 18, 2024 (NEXD:OTC) Next Dynamics, Inc. (OTC: NEXD) (“Next” or the “Company”), www.nextdynamicscorp.com, a Texas corporation, is pleased to announce the grant of its patent in South Korea (Patent No. 10-2594186), as well as notices of allowance for its patents in each of Europe (Application No. 18777451.8) and Israel (Application No. 269699) entitled “IMPROVED BULLET, WEAPON PROVIDED WITH SUCH BULLETS, KIT FOR ASSEMBLING THE SAME, AND CORRESPONDING METHODS OF MANUFACTURING, OPERATING AND USE ASSOCIATED THERETO,” based upon the Company’s US Patent Nos. US11674779B2 and US11162768B2.
The patents in both Europe and Israel are anticipated to be officially granted in the next few months, after translation and other final procedural matters are completed by the Company’s foreign patent associates.
The grant and allowances provide Next Dynamics with protection of its intellectual property in geographic regions with world class technology development and combined annual defense spending of over $350 billion, which will enable the Company to more efficiently execute on its technology licensing strategy.
“Next Dynamics continues to make strides in technology development and protection of its intellectual property,” said CEO Jacob Salk. “The grant in South Korea and allowance of the Nemesis patents in Europe and Israel, leveraging the same broad protections of the Company’s granted US patents, further confirms the innovative nature of the Company’s technology on an international scale. We look forward to sharing new developments around additional testing and validation of our paradigm-shifting ballistics technology in the near future.”
About Next Dynamics, Inc.: Next Dynamics, Inc. is an emerging global leader in the development, engineering & licensing of some of the world’s best-performing defense technologies. The Company’s patented Advanced Small Arms Projectile (A.S.A.P.®) munitions, which offer unparalleled ballistics, cover the full spectrum of ground force applications across small and medium NATO calibers and weapons platforms. Next Dynamics also offers engineering services focused on artillery modernization, and holds numerous other patents in small-arms munitions, armaments, and military engineering upgrades.
For more information, please visit www.nextdynamicscorp.com.
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