NEW YORK, Aug. 27, 2026 /PRNewswire/ — Hilco Global’s Intellectual Property Services group (www.hilcoglobal.com), a leading intellectual property advisory firm specializing in intangible asset valuation, advisory, and monetization services, announced that it is seeking offers to acquire the patent portfolio and related assets of Canyon Navigation, which developed self-describing fiducial (SDF) technology for use in navigation of autonomous machines such as drones, industrial robots, and self-driving cars in GPS-degraded environments.
Non-binding indications of interest are due September 17, 2026. Interested parties should contact Hilco Global directly at ehurwitz@hilcoglobal.com or ssilverstein@hilcoglobal.com to learn more.
Canyon Navigation’s SDF-based landmarks optically transmit their own position, enabling precise localization without satellite signals – making them immune to jamming and multipath errors – to augment or completely replace GPS. GPS can become limited, denied, or degraded in many common, real-world situations such as urban canyons in metropolitan areas, inside tunnels or buildings, and intentional jamming of signals.
The SDF solution is low-cost, including just the measurement device (the camera) and the measurement targets (the SDFs). Along with the ease of producing the latter, SDFs are scalable across systems from a single warehouse to a city-wide positioning service.
Hilco IP Services Senior Director Eric Hurwitz notes of this portfolio, “Position information is key to the operations in a wide range of industries: automotive, aircraft, maritime, construction, and agriculture, and many more.” Hurwitz continued, “It is even more critical in emerging autonomous-forward markets including warehouse automation, self-driving cars, construction inspection, eVTOL aircraft, drone delivery and other drone applications. SDFs are a low-cost, scalable solution to GPS degradation in those and other large, rapidly expanding markets where fiducial-based positioning is already being adopted.”
For more information, click here or please contact the Hilco Global IP Services team and ehurwitz@hilcoglobal.com or ssilverstein@hilcoglobal.com.
About Hilco Global: Hilco Global, a subsidiary of ORIX Corporation USA, is a diversified financial services company that delivers integrated professional services and capital solutions that help clients maximize value and drive performance across the retail, commercial industrial, real estate, manufacturing, brand and intellectual property sectors, and more. Hilco Global provides a range of customized solutions to healthy, stressed, and distressed companies to resolve complex situations and enhance long-term enterprise value. Hilco Global works to deliver the best possible result by aligning interests with clients and providing strategic advice and, in many instances, the capital required to complete the deal. Hilco Global is based in Northbrook, Illinois and has more than 810 professionals operating on four continents. Visit www.hilcoglobal.com.
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SOURCE Hilco Trading, LLC
