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class="container"><div class="h2">AST Fast Facts</div><div class="row flexC"><div class=" col-lg-12 col-md-12 col-sm-12 col-xs-12"><div class="ast-blocks-wrapper"><div class="ast-blocks clearfix"><div class="ast-block-wrapper"><div class="ast-block" style="background-color:#09458d"><div class="ast-block-inner"><p>AST received Over <strong>1,500</strong> patent purchase opportunities in 2022</p></div></div></div><div class="ast-block-wrapper"><div class="ast-block" style="background-color:#4682b4"><div class="ast-block-inner"><p>Since its inception in 2007, AST has been offered over <strong>20,000</strong> patent portfolios comprising over <strong>350,000</strong> patent assets</p></div></div></div><div class="ast-block-wrapper"><div class="ast-block" style="background-color:#09458d"><div class="ast-block-inner"><p><strong>6,000+</strong> patent sellers as well as over <strong>600</strong> brokers have worked with AST over the years. AST has done <strong>650</strong> deals comprising thousands of assets on behalf of its members</p></div></div></div><div class="ast-block-wrapper"><div class="ast-block" style="background-color:#4682b4"><div class="ast-block-inner"><p>Over <strong>$450M</strong> spent in acquiring patent rights helping Members to avoid <strong>1000+</strong> litigations</p></div></div></div><div class="ast-block-wrapper"><div class="ast-block" style="background-color:#09458d"><div class="ast-block-inner"><p><strong>94%</strong> of 9,500+ US litigations filed since 2010 have used patents offered on secondary market</p></div></div></div><div class="ast-block-wrapper"><div class="ast-block" style="background-color:#4682b4"><div class="ast-block-inner"><p><strong>34%</strong> of all US litigations filed in <strong>2021</strong> are using patents offered on secondary patent market</p></div></div></div></div></div></div><div class="col-lg-12 col-md-12 col-sm-12 col-xs-12 flexC"><div class="ast-chart "><div class="h3"></div><div class="image"><noscript><img src="https://www.ast.com/wp-content/uploads/2023/02/Website-Update-.png" alt="" class="img-responsive"></noscript><img src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://www.ast.com/wp-content/uploads/2023/02/Website-Update-.png" alt="" class="lazyload img-responsive"></div></div></div></div><div class="ast-facts-button"> <a href="https://www.ast.com/about-us/asts-mission/">Learn More</a> <button type="button" data-action="download-report" class="button">Download Our Report</button></div></div></div><div class="hp-testimonials"><div class="container"><h2 class="hp-testimonials__caption">Industry Testimonials</h2><div class="hp-testimonials__slider"><div class="hp-testimonials__slider__item"><div class="hp-testimonials__slider__item__text"><p>Google is pleased with our membership in AST – Its business model is among the ways we mitigate the risk of future patent litigation for Google products and services. Google entrusts the AST team to handle intake of third-party offers for patent sales and to facilitate the processing of those opportunities for consideration.</p></div><div class="hp-testimonials__slider__item__name">Michael Lee</div><div class="hp-testimonials__slider__item__position">Head of Patents at Google</div></div><div class="hp-testimonials__slider__item"><div class="hp-testimonials__slider__item__text"><p>We worked with AST to secure a license to a portfolio that has since been litigated against several other companies in our industry. The AST transaction was smooth, efficient and at a significantly lower cost than we would have faced if we had not acted proactively.</p></div><div class="hp-testimonials__slider__item__name">Chip Lutton</div><div class="hp-testimonials__slider__item__position">Vice President and General Counsel, Nest Labs, Inc. / A Google Company</div></div><div class="hp-testimonials__slider__item"><div class="hp-testimonials__slider__item__text"><p>As part of our pricing study completed in the first half of 2016, comparing some of the most active buyers in the secondary market, we found that AST’s prices have been right in the middle. They neither overpay nor underpay on behalf of their members, but seem to pay a reasonable market price.</p></div><div class="hp-testimonials__slider__item__name">Kent Richardson</div><div class="hp-testimonials__slider__item__position">Partner, Richardson Oliver Law Group</div></div><div class="hp-testimonials__slider__item"><div class="hp-testimonials__slider__item__text"><p>AST brought one of our portfolios to the attention of a member of theirs, who ultimately bought it. While we had offered the portfolio to the company directly, and received other offers to acquire the portfolio, it was AST’s involvement that caused them to really consider the portfolio, and I believe ultimately contributed to the sale. That’s one of the great things about AST – their members can either buy through AST, or directly with a seller. I look forward to more successful transactions between Adapt IP, AST, and AST’s members.</p></div><div class="hp-testimonials__slider__item__name">Grant Moss</div><div class="hp-testimonials__slider__item__position">Founder and President, Adapt IP Ventures</div></div><div class="hp-testimonials__slider__item"><div class="hp-testimonials__slider__item__text"><p class="p1"><span class="s1">AST are a pleasure to work with. They are responsive, price competitive and very detail orientated.</span></p></div><div class="hp-testimonials__slider__item__name">Ian Watson</div><div class="hp-testimonials__slider__item__position">Founder and President, Quinn Pacific</div></div><div class="hp-testimonials__slider__item"><div class="hp-testimonials__slider__item__text"><p class="p1"><span class="s1">AST operates with the highest integrity when buying or selling patent portfolios. When buying, AST is efficient and reliable – performing due diligence, submitting bids, and negotiating the patent sale agreement within the requested timeframes. When selling, AST is pragmatic as to the sale price and quickly responds to buyer questions and issues. AST understands the patent transaction market and is always moving transactions towards closing.</span></p></div><div class="hp-testimonials__slider__item__name">John Koepke</div><div class="hp-testimonials__slider__item__position">Founding Partner, Red Chalk Group</div></div><div class="hp-testimonials__slider__item"><div class="hp-testimonials__slider__item__text"><p class="p1"><span class="s1">I’ve seen over one hundred patent purchase agreements. For a seller, some are complete deal killers. AST’s agreement is the exact opposite. It takes discipline and experience for a buyer to get what they need and no more. AST benefits from both, and so do sellers that close deals with them.</span></p></div><div class="hp-testimonials__slider__item__name">William J. Plut</div><div class="hp-testimonials__slider__item__position">Patent Profit International</div></div></div></div></div><div class="homepage-overview-wrapper"><h2>An Overview Of How AST Works</h2><div class="homepage-tabs"><div class="homepage-tabs-title"><div class="container"><ul class="nav nav-tabs" role="tablist"><li role="presentation" class="active"><a href="#tab-patent" aria-controls="tab-patent" role="tab" data-toggle="tab">Patent Owners & Sellers</a></li><li role="presentation"><a href="#tab-membership" aria-controls="tab-membership" role="tab" data-toggle="tab">Our Membership</a></li></ul></div></div><div class="tab-content"><div role="tabpanel" class="tab-pane active" id="tab-patent"><div class="homepage-carousel-steps" id="carousel-slide-patent"><div class="carousel-slide-wrapper"><div class="carousel-slide"><div class="carousel-slide-title" style="background-color:#09458d"><div class="carousel-slide-title-arrow" style="border-bottom-color:#09458d"></div><div class="carousel-slide-title-circle" style="background-color:#09458d"></div><p>Portfolio of Patents for Sale Submitted</p><p>- Step 1 -</p></div><div class="carousel-slide-content clearfix"><div class="image"><noscript><img src="https://www.ast.com/wp-content/uploads/2016/03/Portfolio-of-Patents-for-Sale-Submitted.png" alt="" class="img-responsive"></noscript><img src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://www.ast.com/wp-content/uploads/2016/03/Portfolio-of-Patents-for-Sale-Submitted.png" alt="" class="lazyload img-responsive"></div><div class="text"><p>Include Patent Numbers, Marketing Materials, Claim Charts, Price Expectation, and Bid Deadline.</p></div><div class="slide-count">1 of 7</div></div></div></div><div class="carousel-slide-wrapper"><div class="carousel-slide"><div class="carousel-slide-title" style="background-color:#dd814d"><div class="carousel-slide-title-arrow" style="border-bottom-color:#dd814d"></div><div class="carousel-slide-title-circle" style="background-color:#dd814d"></div><p>Portfolio Reviewed</p><p>- Step 2 -</p></div><div class="carousel-slide-content clearfix"><div class="image"><noscript><img src="https://www.ast.com/wp-content/uploads/2016/03/Portfolio-Reviewed.png" alt="" class="img-responsive"></noscript><img src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://www.ast.com/wp-content/uploads/2016/03/Portfolio-Reviewed.png" alt="" class="lazyload img-responsive"></div><div class="text"><p>Ensuring offering is within the scope of patents that Member firms are searching for.</p></div><div class="slide-count">2 of 7</div></div></div></div><div class="carousel-slide-wrapper"><div class="carousel-slide"><div class="carousel-slide-title" style="background-color:#4682b4"><div class="carousel-slide-title-arrow" style="border-bottom-color:#4682b4"></div><div class="carousel-slide-title-circle" style="background-color:#4682b4"></div><p>Portfolio Listed for Member Consideration</p><p>- Step 3 -</p></div><div class="carousel-slide-content clearfix"><div class="image"><noscript><img src="https://www.ast.com/wp-content/uploads/2016/03/Portfolio-Listed-for-Member-Consideration.png" alt="" class="img-responsive"></noscript><img src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://www.ast.com/wp-content/uploads/2016/03/Portfolio-Listed-for-Member-Consideration.png" alt="" class="lazyload img-responsive"></div><div class="text"><p class="p1"><span class="s1">fAST IP is the AST Members-only, password-protected, web-enabled database of portfolios available for sale.</span></p></div><div class="slide-count">3 of 7</div></div></div></div><div class="carousel-slide-wrapper"><div class="carousel-slide"><div class="carousel-slide-title" style="background-color:#60bd89"><div class="carousel-slide-title-arrow" style="border-bottom-color:#60bd89"></div><div class="carousel-slide-title-circle" style="background-color:#60bd89"></div><p>Interest in an Offering</p><p>- Step 4 -</p></div><div class="carousel-slide-content clearfix"><div class="image"><noscript><img src="https://www.ast.com/wp-content/uploads/2016/03/Patents-Acquired.png" alt="" class="img-responsive"></noscript><img src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://www.ast.com/wp-content/uploads/2016/03/Patents-Acquired.png" alt="" class="lazyload img-responsive"></div><div class="text"><p class="p1"><span class="s1">Members may take 60-90 days to determine if there is initial interest in an offering.</span></p></div><div class="slide-count">4 of 7</div></div></div></div><div class="carousel-slide-wrapper"><div class="carousel-slide"><div class="carousel-slide-title" style="background-color:#09458d"><div class="carousel-slide-title-arrow" style="border-bottom-color:#09458d"></div><div class="carousel-slide-title-circle" style="background-color:#09458d"></div><p>Frequent Portfolio Status Updates</p><p>- Step 5 -</p></div><div class="carousel-slide-content clearfix"><div class="image"><noscript><img src="https://www.ast.com/wp-content/uploads/2016/03/Portfolio-Status-Updated-Frequently.png" alt="" class="img-responsive"></noscript><img src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://www.ast.com/wp-content/uploads/2016/03/Portfolio-Status-Updated-Frequently.png" alt="" class="lazyload img-responsive"></div><div class="text"><p class="p1"><span class="s1">New supporting materials provided.</span></p></div><div class="slide-count">5 of 7</div></div></div></div><div class="carousel-slide-wrapper"><div class="carousel-slide"><div class="carousel-slide-title" style="background-color:#dd814d"><div class="carousel-slide-title-arrow" style="border-bottom-color:#dd814d"></div><div class="carousel-slide-title-circle" style="background-color:#dd814d"></div><p>Purchase Offer Presented</p><p>- Step 6 -</p></div><div class="carousel-slide-content clearfix"><div class="image"><noscript><img src="https://www.ast.com/wp-content/uploads/2016/03/Purchase-Offer-Presented.png" alt="" class="img-responsive"></noscript><img src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://www.ast.com/wp-content/uploads/2016/03/Purchase-Offer-Presented.png" alt="" class="lazyload img-responsive"></div><div class="text"><p class="p1"><span class="s1">If there is interest, AST offer is made on behalf of our Members.</span></p></div><div class="slide-count">6 of 7</div></div></div></div><div class="carousel-slide-wrapper"><div class="carousel-slide"><div class="carousel-slide-title" style="background-color:#4682b4"><div class="carousel-slide-title-arrow" style="border-bottom-color:#4682b4"></div><div class="carousel-slide-title-circle" style="background-color:#4682b4"></div><p>Patent Purchase Process and Due Diligence</p><p>- Step 7 -</p></div><div class="carousel-slide-content clearfix"><div class="image"><noscript><img src="https://www.ast.com/wp-content/uploads/2016/03/Patent-Purchase-Process-and-Due-Diligence.png" alt="" class="img-responsive"></noscript><img src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://www.ast.com/wp-content/uploads/2016/03/Patent-Purchase-Process-and-Due-Diligence.png" alt="" class="lazyload img-responsive"></div><div class="text"><ul><li>Patents Acquired</li><li>Efficient and timely closing process</li></ul></div><div class="slide-count">7 of 7</div></div></div></div></div></div><div role="tabpanel" class="tab-pane" id="tab-membership"><div class="homepage-carousel-steps" id="carousel-slide-membership"><div class="carousel-slide-wrapper"><div class="carousel-slide"><div class="carousel-slide-title" style="background-color:#dd814d"><div class="carousel-slide-title-arrow" style="border-bottom-color:#dd814d"></div><div class="carousel-slide-title-circle" style="background-color:#dd814d"></div><p>Obtain & Distribute Patent Purchase Opportunities</p><p>- Step 1 -</p></div><div class="carousel-slide-content clearfix"><div class="image"><noscript><img src="https://www.ast.com/wp-content/uploads/2020/05/ANALYTICS-ICON-e1651514083284.png" alt="" class="img-responsive"></noscript><img src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://www.ast.com/wp-content/uploads/2020/05/ANALYTICS-ICON-e1651514083284.png" alt="" class="lazyload img-responsive"></div><div class="text"><ul><li class="p1"><span class="s1">Worldwide network</span></li><li class="p1">Analysis, technical assistance, and due diligence</li><li class="p1">Distribution and evaluation through web-based fAST IP</li></ul></div><div class="slide-count">1 of 6</div></div></div></div><div class="carousel-slide-wrapper"><div class="carousel-slide"><div class="carousel-slide-title" style="background-color:#4682b4"><div class="carousel-slide-title-arrow" style="border-bottom-color:#4682b4"></div><div class="carousel-slide-title-circle" style="background-color:#4682b4"></div><p>Solicit Member Interest</p><p>- Step 2 -</p></div><div class="carousel-slide-content clearfix"><div class="image"><noscript><img src="https://www.ast.com/wp-content/uploads/2020/05/people-2.png" alt="" class="img-responsive"></noscript><img src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://www.ast.com/wp-content/uploads/2020/05/people-2.png" alt="" class="lazyload img-responsive"></div><div class="text"><ul><li class="p1"><span class="s1">Members make bidding and funding decisions</span></li><li class="p1">AST pools bids</li><li class="p1">Bidding is collaborative but confidential</li></ul></div><div class="slide-count">2 of 6</div></div></div></div><div class="carousel-slide-wrapper"><div class="carousel-slide"><div class="carousel-slide-title" style="background-color:#60bd89"><div class="carousel-slide-title-arrow" style="border-bottom-color:#60bd89"></div><div class="carousel-slide-title-circle" style="background-color:#60bd89"></div><p>Engage the Seller</p><p>- Step 3 -</p></div><div class="carousel-slide-content clearfix"><div class="image"><noscript><img src="https://www.ast.com/wp-content/uploads/2020/05/hs-4-e1589317650467.png" alt="" class="img-responsive"></noscript><img src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://www.ast.com/wp-content/uploads/2020/05/hs-4-e1589317650467.png" alt="" class="lazyload img-responsive"></div><div class="text"><ul><li class="p1"><span class="s1">Negotiate with Seller</span></li></ul></div><div class="slide-count">3 of 6</div></div></div></div><div class="carousel-slide-wrapper"><div class="carousel-slide"><div class="carousel-slide-title" style="background-color:#09458d"><div class="carousel-slide-title-arrow" style="border-bottom-color:#09458d"></div><div class="carousel-slide-title-circle" style="background-color:#09458d"></div><p>Acquire Patents</p><p>- Step 4 -</p></div><div class="carousel-slide-content clearfix"><div class="image"><noscript><img src="https://www.ast.com/wp-content/uploads/2020/05/CLIP-BOARD.png" alt="" class="img-responsive"></noscript><img src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://www.ast.com/wp-content/uploads/2020/05/CLIP-BOARD.png" alt="" class="lazyload img-responsive"></div><div class="text"><ul><li class="p1"><span class="s1">Assure all chain of title and other legal issues are resolved</span></li><li class="p1">Efficient and timely closing process</li></ul><p class="p1"><span style="line-height: 1.71429; font-size: 1rem;"> </span></p></div><div class="slide-count">4 of 6</div></div></div></div><div class="carousel-slide-wrapper"><div class="carousel-slide"><div class="carousel-slide-title" style="background-color:#dd814d"><div class="carousel-slide-title-arrow" style="border-bottom-color:#dd814d"></div><div class="carousel-slide-title-circle" style="background-color:#dd814d"></div><p>Establish Licenses</p><p>- Step 5 -</p></div><div class="carousel-slide-content clearfix"><div class="image"><noscript><img src="https://www.ast.com/wp-content/uploads/2020/05/Orange-Patent.png" alt="" class="img-responsive"></noscript><img src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://www.ast.com/wp-content/uploads/2020/05/Orange-Patent.png" alt="" class="lazyload img-responsive"></div><div class="text"><ul><li class="p1"><span class="s1">License Members that funded acquisition</span></li><li class="p1">Licenses are fully paid-up, irrevocable for the life of the patents</li><li class="p1">Provide subsequent license options to Members</li></ul></div><div class="slide-count">5 of 6</div></div></div></div><div class="carousel-slide-wrapper"><div class="carousel-slide"><div class="carousel-slide-title" style="background-color:#4682b4"><div class="carousel-slide-title-arrow" style="border-bottom-color:#4682b4"></div><div class="carousel-slide-title-circle" style="background-color:#4682b4"></div><p>Divest Patents</p><p>- Step 6 -</p></div><div class="carousel-slide-content clearfix"><div class="image"><noscript><img src="https://www.ast.com/wp-content/uploads/2020/05/4771120-256-1.png" alt="" class="img-responsive"></noscript><img src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://www.ast.com/wp-content/uploads/2020/05/4771120-256-1.png" alt="" class="lazyload img-responsive"></div><div class="text"><ul><li class="p1"><span class="s1">AST does not hold patents</span></li><li class="p1">All patents are divested</li><li class="p1">Proceeds distributed to Members that funded acquisition</li></ul></div><div class="slide-count">6 of 6</div></div></div></div></div></div></div></div><div class="ast-facts-button"> <a href="https://www.ast.com/about-us/asts-mission/">Learn More</a></div></div><footer class="footer"><div class="footer__border"></div><div class="footer__content"><div class="container"><div class="footer__content__left"> <span class="footer__content__left__logo"/><noscript><img 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