Codan has been granted a patent for a method of detecting targets using a metal detector. The method involves transmitting a magnetic field, determining the receiver’s position, and producing an audio output signal based on estimated properties of targets, while minimizing interference from other targets. GlobalData’s report on Codan gives a 360-degree view of the company including its patenting strategy. Buy the report here.

According to GlobalData’s company profile on Codan, Virtual banking assistant was a key innovation area identified from patents. Codan's grant share as of June 2024 was 57%. Grant share is based on the ratio of number of grants to total number of patents.

Method for detecting targets with a metal detector

Source: United States Patent and Trademark Office (USPTO). Credit: Codan Ltd

The granted patent US12025766B2 outlines a method and system for enhancing target detection using a metal detector. The method involves transmitting a magnetic field and determining the positions of the metal detector's receiver as it moves. The receiver captures magnetic fields resulting from the transmitted signal, generating receive signals that are analyzed to estimate properties of targets. Notably, this estimation relies on multiple receive signals from various positions, ensuring that the analysis remains largely unaffected by other nearby targets. The system is designed to produce an audio output signal that conveys information about the detected targets based on the estimated properties.

Additionally, the patent describes features that improve the functionality of the metal detector. It includes modes for general metal detection and pinpointing specific targets, with the audio output tailored to indicate the proximity and identity of targets. The method also incorporates mechanisms to filter out noise and enhance target discrimination, particularly in scenarios where multiple targets are close together. Furthermore, the patent specifies that the system can be implemented through a non-transitory computer-readable medium, allowing for programmable control of the metal detector's operations. Overall, the patent presents a comprehensive approach to improving target detection accuracy and user experience in metal detection technology.

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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.