California Patent of the Month – January 2024
Vence Corp has revolutionized livestock management with their Smart Animal Tag. This innovative device is a game-changer for farmers and ranchers, offering a sophisticated solution to the age-old challenges of herding and monitoring animals.
At the core of this invention is a compact animal tag equipped with a battery, a location sensor, and a processor. The magic begins when the tag is attached to an animal, initiating a seamless integration of technology into traditional livestock management practices.
The Smart Animal Tag operates within the framework of a virtual fence, defining the permissible boundaries of a paddock. The location sensor continuously tracks the animal’s position, ensuring it stays within the designated area. What sets this invention apart is its intelligent power management system – the location sensor strategically turns off during determined sleep times, conserving battery power while relying on predictions of the animal’s position relative to the virtual fence.
Incorporating an accelerometer adds another layer of efficiency, ensuring the location sensor activates only when the animal is in motion. This not only extends battery life but also enhances the precision of location tracking.
The invention doesn’t stop at location monitoring; it introduces a stimulus module capable of influencing the animal’s behavior. As the animal approaches the virtual fence, the module generates stimuli, such as electric shocks, sound feedback, or vibration, discouraging the animal from crossing the boundary. The intensity of the stimulus is intelligently adjusted based on the animal’s proximity to the virtual fence.
Additionally, the Smart Animal Tag facilitates herd movement. By defining virtual paddocks and scheduling transitions, farmers can effortlessly guide their livestock from one area to another. This not only streamlines herding practices but also optimizes grazing patterns and prevents overgrazing.
Beyond the practicalities of herding, the Smart Animal Tag opens new avenues for monitoring and understanding animal behavior. It incorporates a range of sensors, including GPS, accelerometer, altimeter, magnetometer, thermometer, and even a heart rate monitor. This comprehensive data collection allows farmers to gain insights into weight gain, estrus, distress, and overall herd dynamics.
Vence Corp’s Smart Animal Tag represents a leap forward in livestock management technology. By seamlessly blending traditional practices with cutting-edge innovations, this invention empowers farmers to enhance efficiency, animal welfare, and the overall sustainability of their operations. The era of smart livestock management has arrived, and it wears the Vence tag.
Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.
Who We Are:
Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.
Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.
What is the R&D Tax Credit?
The Research & Experimentation Tax Credit (or R&D Tax Credit), is a general business tax credit under Internal Revenue Code section 41 for companies that incur research and development (R&D) costs in the United States. The credits are a tax incentive for performing qualified research in the United States, resulting in a credit to a tax return. For the first three years of R&D claims, 6% of the total qualified research expenses (QRE) form the gross credit. In the 4th year of claims and beyond, a base amount is calculated, and an adjusted expense line is multiplied times 14%. Click here to learn more.
R&D Tax Credit Preparation Services
Swanson Reed is one of the only companies in the United States to exclusively focus on R&D tax credit preparation. Swanson Reed provides state and federal R&D tax credit preparation and audit services to all 50 states.
If you have any questions or need further assistance, please call or email our CEO, Damian Smyth on (800) 986-4725.
Feel free to book a quick teleconference with one of our national R&D tax credit specialists at a time that is convenient for you.
R&D Tax Credit Audit Advisory Services
creditARMOR is a sophisticated R&D tax credit insurance and AI-driven risk management platform. It mitigates audit exposure by covering defense expenses, including CPA, tax attorney, and specialist consultant fees—delivering robust, compliant support for R&D credit claims. Click here for more information about R&D tax credit management and implementation.
Our Fees
Swanson Reed offers R&D tax credit preparation and audit services at our hourly rates of between $195 – $395 per hour. We are also able offer fixed fees and success fees in special circumstances. Learn more at https://www.swansonreed.com/about-us/research-tax-credit-consulting/our-fees/
Choose your state










