Texas Patent of the Month – July 2022

The oceans are filling up with trash as we speak. Recent research suggests that there are 5.25 trillion pieces of plastic debris in the ocean. Of that mass, 269,000 tons float on the surface, while some four billion plastic microfibers per square kilometer litter the deep sea. In addition to trash, many different systems ( i.e. boats, offshore pipelines etc.) have experienced oil spills. Ocean Cleaner, LLC is tackling this problem by building recovery systems meant to collect and filter out debris and oils, returning clean water.

Their ocean cleaner has a cargo compartment with a connected pump. The pump draws water and debris in from the ocean. A second pump positioned in the cargo compartment helps to filter the debris from the water. The cleaner is designed with buoyancy systems to allow it to float along the surface of the water. These also limit the impact of waves and turbulence, ensuring the cleaner remains stable. 

The cargo compartments are approximately 45 ft x 50 ft x 75 ft, creating ample volume to hold debris. The discharge pumps and suction chambers coupled to these compartments draw the water in before filtering and forcing it back out. The remaining debris is trapped in the cargo compartment. These pumps are strong enough to pull and process thousands of gallons of contaminated water per minute.

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.

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