|
GenIP PLC on Friday said it has received a total of 57 new report orders from repeat clients, including two US research universities and a returning UK institution. Following the announcement, shares in GenIP climbed 13% to 20.87 pence on Friday afternoon in London. The London-based generative AI services provider said it secured 50 new invention evaluator report orders from two ‘major’ US universities. A UK university, which was onboarded in June, placed a further seven report orders. ‘GenIP believes these repeat orders validate GenIP’s value proposition and demonstrate the effectiveness of our AI-powered analytical assessments in supporting technology transfer decisions,’ said the company. GenIP operates through two service lines: an invention intelligence product suite, which assesses the commercial potential of emerging technologies, and a talent and executive search service. Chief Executive Melissa Cruz said: ‘The continued return of leading institutions reinforces the market’s need for faster, more reliable decision-support in technology commercialisation. We are also seeing a rise in inbound referrals from universities that have reported meaningful improvements in their licensing workflows after adopting our evaluations. ‘This combination of repeat business and organic referrals gives us strong confidence in our growth trajectory as we expand our AI-powered product suite and support more clients globally.’ Copyright 2025 Alliance News Ltd. All Rights Reserved.
|
