Fractus expands aftermarket telematics licensing program through agreement with Procon

PR Newswire

Patent license adds a leading connected-vehicle provider to Fractus’ growing licensee community

BARCELONA, Spain, Sept. 30, 2026 /PRNewswire/ — Fractus, a pioneer in antenna technology and intellectual property licensing, today announced a patent licensing agreement with Procon Analytics, a connected-car and IoT technology company serving the aftermarket telematics sector. The agreement adds Procon to Fractus’ growing licensee community. The financial terms and other conditions of the agreement are confidential.

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Procon provides connected-vehicle solutions for automotive dealers and vehicle-finance companies. Its offering combines in-vehicle hardware, cellular connectivity and cloud software to support services such as vehicle location, inventory management, risk mitigation, stolen-vehicle recovery, remote diagnostics and service retention.

These applications rely on compact in-vehicle units that must support reliable cellular communications and satellite positioning across multiple bands in demanding installations. Fractus’ patented antenna technologies address these connectivity requirements across connected vehicles and a broad range of IoT products.

“Procon is a significant addition to our licensee community and further strengthens our presence in connected vehicles,” said Jordi Ilario, CEO of Fractus. “Aftermarket telematics turns wireless connectivity into practical services for dealers, lenders and drivers. We are pleased to complete this agreement through a constructive licensing process and to see our antenna innovation recognized in a market where reliable performance is essential.”

According to Berg Insight, the number of active aftermarket car telematics systems in North America is forecast to increase from 24.9 million in 2024 to 38.0 million in 2029. The research firm identifies automotive dealers and vehicle-finance companies as primary sales channels and expects continued growth in solutions serving these sectors.

About Fractus

Fractus licenses antenna technologies for wireless products. Its work applies advanced geometry and mathematics to compact, multiband antenna design, with patented inventions used across smartphones, IoT devices, network equipment and connected health products. The company’s portfolio spans more than 40 inventions and has been licensed by global technology companies.

Fractus was selected as a World Economic Forum Technology Pioneer in 2005. Its inventors were finalists for the European Inventor Award in 2014, and the London Stock Exchange Group recognized the company as a European Inspiring Company in 2017.

 

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