Camber Energy Announces Issuance Of New Patent Covering Transmission Line Ground Fault Prevention Systems
Portfolio Pulse from Benzinga Newsdesk
Camber Energy, Inc. (NYSE:CEI) announced that its majority-owned subsidiary, Viking Protection Systems, LLC, has been issued a new patent by the U.S. Patent and Trademark Office. The patent covers electric transmission line ground fault prevention systems, which are designed to detect unsafe conditions for electric transmission lines and instantly de-energize the appropriate source of power. This technology is part of a global initiative to improve the resiliency and reliability of existing infrastructure.
September 27, 2023 | 12:34 pm
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Camber Energy's new patent for electric transmission line ground fault prevention systems could potentially increase the company's value and attract more investors.
The issuance of a new patent to Camber Energy's subsidiary, Viking Protection Systems, LLC, could potentially increase the company's value as it expands its intellectual property portfolio. This could attract more investors, leading to a potential increase in the company's stock price in the short term.
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