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Catheter Precision, Inc. Announces Allowance of Key Intellectual Property

Key Takeaway: Catheter Precision, Inc. has announced the allowance of several new patents related to its heart failure and vascular closure technologies. The company received eight patents, including six for heart failure and three for vascular closure, which bolster its intellectual property portfolio. CEO David Jenkins expressed optimism about these developments, especially as they relate to ongoing discussions for potential technology sales.

Market Sentiment Analysis

POSITIVE FACTORS

  • Issuance of eight new patents strengthens the company's IP portfolio.
  • New patents enhance discussions regarding the sale of technologies.
  • The company has a robust library of over fifty patents.

Full Press Release Details

Eight New Patents Issued on Heart Failure Technology
Three New Patents Granted on Vascular Closure Technology
FORT MILL, S.C., June 22, 2026 (GLOBE NEWSWIRE) --Catheter Precision, Inc. (VTAK:  NYSE/American), today announced the allowance of a number of patents issued over the last few months, including both methods and devices, covering key areas of its technology for both the Company’s heart failure technologies and the vascular closure technologies.  The heart failure patents include six patents issued in the US and two issued in international markets.  The vascular closure patents include one issued patent and two allowed patent applications soon to be issued and are all US patents.  These three vascular closure patents (including the newest issue of US patent no. 12,622,686, dated May 12, 2026) pertain to the LockeT product which the Company currently markets in the US and Europe.
David Jenkins, CEO of Catheter Precision, Inc., commented, “We are pleased to see that work over several years is validated through the issuance of new intellectual property.  This joins a VTAK patent library of over fifty patents in important product areas.  Given the fact that we are now in discussions regarding the sale of these two technologies, these new patents certainly fortify the offerings and hopefully enhance the discussions.”
About Catheter PrecisionCatheter Precisionis an innovative U.S.-based medical device company bringing new solutions to market to improve the treatment of cardiac arrhythmias. It is focused on developing groundbreaking technology for electrophysiology procedures by collaborating with physicians and continuously advancing its products.
About FlyteFlyte is a technology-enabled Regional Air Mobility Company operating a growing fleet of Cirrus Vision Jets. Focused on high frequency, short haul markets, Flyte provides a faster, safer, and more efficient alternative to traditional private charter travel.
Flight operations are conducted through Flyte’s wholly owned subsidiary, Ponderosa Air, LLC, an FAA certified Part 135 air carrier. With certified aircraft, active revenue generating operations, and scalable fleet expansion underway, Flyte is building disciplined, asset backed aviation infrastructure designed to serve underserved regional markets.
For more information, visitwww.flyte.travel
About LockeTCatheter Precision’sLockeTis a suture retention device intended to assist in wound closure after percutaneous venous punctures. LockeT is a Class 1 device registered with the FDA and has received CE Mark approval.
About CardionomixCardionomix is a medical device company owned by Catheter Precision focused on developing a new therapy based upon novel technology for the treatment of acute decompensated heart failure, or ADHF, for which over 1 million Americans are hospitalized annually.
Cautionary Note Regarding Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “believe,” “expect,” “anticipate,” “potential,” “will,” “may,” and similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, expectations regarding potential strategic transactions, valuation outcomes, market opportunities, and the Company’s growth strategy. These statements involve risks and uncertainties that could cause actual results to differ materially. For a discussion of these risks, please refer to the Company’s filings with the SEC, including its most recent Forms 10-K and 10-Q. The Company undertakes no obligation to update any forward-looking statements.

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Frequently Asked Questions

What new patents did Catheter Precision announce?

Catheter Precision announced eight new patents, including six for heart failure technology and three for vascular closure technology.

What is the significance of the new patents?

The new patents strengthen Catheter Precision's intellectual property portfolio and enhance discussions for potential technology sales.

What is the LockeT product?

LockeT is a suture retention device used for wound closure after percutaneous venous punctures.

How many patents does Catheter Precision hold?

Catheter Precision now has a patent library of over fifty patents in key product areas.

Last updated: Jun 22, 2026