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Datametrex's Paymetrex lands U.S. patent licence deal

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Executive Summary

  • Datametrex AI Ltd.'s subsidiary, Paymetrex Payment Solutions Inc., has entered into its first non-exclusive patent license agreement with a U.S.-based payment solutions provider.
  • The agreement secures an annual royalty payment of $400,000 (U.S.) for the remaining life of the applicable patents, marking a significant milestone in monetizing the company's intellectual property portfolio.
  • Paymetrex will utilize AI-driven analytical tools to identify additional high-probability licensing targets and acquire complementary patent assets to expand its portfolio.

Key Details

  • Counterparty: A well-known United States-based provider of payment solutions (specific name not disclosed).
  • Agreement Date: February 6, 2026.
  • Financial Terms: Annual royalty payment of $400,000 (U.S.) for the remaining life of the applicable patents.
  • License Type: Non-exclusive patent license.
  • Patent Portfolio Covered:
    • U.S. Patent No. 8,286,875
    • U.S. Patent No. 8,281,998
    • U.S. Patent No. 8,534,554
    • U.S. Patent No. 10,592,894
    • U.S. Patent No. 10,592,895
    • U.S. Patent No. 10,970,709
    • U.S. Patent No. 10,970,710
    • Canadian Patent No. 2,752,053
    • Canadian Patent No. 2,967,042
  • Technology Scope: The patents cover foundational technologies related to secure transaction processing, payment authorization, and integrated payment workflows.
  • Strategic Initiative: Implementation of AI-based analytical tools to identify potential licensees and acquire complementary patent assets.

Notable Quotes

  • "Launching this licensing program marks an important evolution in how Paymetrex creates shareholder value. Our patent portfolio represents years of innovation in payment processing technology. This first agreement validates both the strength of our intellectual property and the opportunity ahead as we systematically pursue additional licensing arrangements." — Michael Kron, Chief Operating Officer
Read the original news release →

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