Indiana Patent of the Month – July 2024

While skateboarding may be a fun and convenient mode of transportation, a single rock or obstruction could be the difference between smooth sailing and sliding across the pavement. This is especially true at night when vision may be obscured. Some skateboarders use a helmet light but this keeps the light far from the ground. A light on the deck may be too close to the ground to provide adequate illumination when the ground is uneven.

The Order Fulfillment Group Inc. has recently been granted a patent for their magnetic skateboard light that can be positioned perfectly to illuminate your path. This system isn’t just about style—it’s about functionality and convenience.

Imagine a base that effortlessly attaches to your skateboard via magnets embedded in its legs. These magnets securely couple to the heads of your skateboard’s truck bolts, providing a stable connection without the need for complex installation. Whether you’re swapping accessories or simply need to adjust your setup on the go, this system offers unprecedented ease.

Each leg of the base features carefully placed magnets, ensuring a strong hold with minimal effort required to detach when needed. This design not only simplifies accessory changes but also enhances safety by securely fastening attachments to your board.

Speaking of attachments, the system supports various accessories, such as lights for nighttime rides. These can be easily mounted and detached using a secure tab mechanism, ensuring they stay in place during vigorous skating sessions. Moreover, the system’s robust construction means it can withstand the rigors of skateboarding, keeping your accessories intact even on rough terrain.

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.

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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.

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