Alpha Modus receives new patent for retail shopper analytics

CORNELIUS, N.C. - Alpha Modus Corp. (NASDAQ:AMOD), a micro-cap technology company currently valued at $50.35 million, has been granted U.S. Patent No. 12,423,718 by the United States Patent and Trademark Office on September 23, according to a company press release. The stock, which has declined nearly 89% over the past year, currently trades at $1.20.

The patent covers methods and systems for monitoring shopper behavior in retail environments, including tracking products retained during shopping, identifying items presented at checkout, and generating real-time comparisons to notify sales associates when customer assistance may be needed.

This addition expands Alpha Modus’s intellectual property portfolio related to in-store AI and shopper analytics technologies. The company’s existing patents cover innovations in consumer analytics, personalized in-store engagement, inventory management, and AI-optimized planogramming.

Alpha Modus describes itself as a developer and licensor of AI-driven retail technologies designed to enhance the in-store shopping experience.

The patent issuance comes as the company reports increasing adoption of its technologies across the retail sector, though specific implementation details or customer names were not disclosed in the announcement.

The company is headquartered in Cornelius, North Carolina, and is publicly traded on the NASDAQ exchange.

In other recent news, Alpha Modus Holdings, Inc. has been actively involved in several legal proceedings concerning patent infringements. The company filed a lawsuit against Mood Media, LLC, alleging infringement on seven U.S. patents related to technologies such as real-time shopper analytics and personalized in-store engagement. In a similar move, Alpha Modus also initiated legal action against India-based Allerin Tech Pvt. Ltd., accusing the firm of infringing on ten patents concerning consumer behavior analysis and AI-driven retail engagement technologies.

Additionally, Alpha Modus has terminated a stock exchange agreement with The Alessi 2023 Irrevocable Trust, a family trust of CEO William Alessi, citing a decline in the closing price of its Class A common stock. The company has also filed a lawsuit against A2Z Cust2Mate Solutions Corp., alleging the infringement of five patents related to smart cart technology and retail management systems. Creative Realities, Inc. has announced its intention to defend itself against patent infringement claims made by Alpha Modus, which involve technologies for digital engagement and targeted marketing.

These developments highlight Alpha Modus’s active legal strategy in protecting its intellectual property across various sectors.

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