Collateral for a security interest recorded Jan 28, 2024 (SMR 2023 Revocable Trust U/A/D 6/15/2023).
Term ends Jan 27, 2041 · High confidence
20-year base term ends Mar 21, 2039
Held by Performance Drone Works LLC
Filed Mar 21, 2019 as application 16/361,031 · Granted Apr 26, 2022
Base term plus 678 days of patent term adjustment (USPTO delay)
Today
2019
2041
Clock starts
Mar 21, 2019
Mar 21, 2019
Term ends
Jan 27, 2041
Jan 27, 2041
Granted
Apr 26, 2022
Apr 26, 2022
base term
patent term adjustment
fee events
Updated Nov 15, 2026 · includes USPTO assignment & status data published Nov 15, 2026 and grant & fee data published Nov 10, 2026 (weekly) · how we know
678
Days of term adjustment
Read from the USPTO patent term adjustment record, not recalculated here.
None
Terminal disclaimer
No disclaimer on this record.
1 of 3
Maintenance fees paid
Three maintenance fees fall due, at 3.5, 7.5 and 11.5 years from grant. This counts the ones the record shows paid.
This patent's term runs 678 days past its 20-year base term on prosecution delay. 1 of 3 maintenance fees is paid so far. Confidence: High. from the record
How we calculated this date
One row per rule, each showing its own input and what it did to the date. A step we could not verify says so instead of resolving itself.
| Step | Input | Date after this step | Confidence |
|---|---|---|---|
| Base term, 20 years from filing | Clock starts Mar 21, 2019, when this application, 16/361,031, was filed | Mar 21, 2039 | High confidence |
| Continuity chain | Every parent in the chain resolved | no change | High confidence |
| Patent term adjustment | +678 days, USPTO patent term adjustment record | Jan 27, 2041 | High confidence |
| Terminal disclaimer cap | None on record | no cap applied | High confidence |
| Patent term extension | None on file | no change | High confidence |
| Fee events | 1 of 3 maintenance fees paid | In force | High confidence |
| Computed term end | The steps above, in order | Jan 27, 2041 | High confidence |
Assignments
Assignment documents as recorded at the USPTO, oldest first, with the reel and frame each was recorded at. A recorded assignment is a filed document, not a statement of current ownership, and the absence of a later one is not evidence that the last one still stands.
| Recorded | Assignor | Assignee | Conveyance |
|---|---|---|---|
| Apr 3, 2019 Reel 48782, frame 809 | Restifo, Jordan; Skarica, Vedran | Drone Racing League, Inc. | Assignment of Assignor's Interest |
| Oct 8, 2020 Reel 54008, frame 100 | Drone Racing League, Inc. | Performance Drone Works LLC | Assignment of Assignor's Interest |
| Aug 27, 2021 Reel 57316, frame 253 | PDW Holdings, Inc.; Performance Drone Works LLC | Rse Ventures, LLC | Security Interest |
| Jan 28, 2024 Reel 66269, frame 794 | PDW Holdings, Inc.; Performance Drone Works LLC | SMR 2023 Revocable Trust U/A/D 6/15/2023 | Security Interest |
| Oct 7, 2025 reel/frame not recorded | Rse Ventures, LLC, as Collateral Agent | PDW Holdings, Inc. | Release of Security Interest |
| Oct 7, 2025 reel/frame not recorded | Rse Ventures, LLC, as Collateral Agent | Performance Drone Works, LLC | Release of Security Interest |
| Oct 7, 2025 Reel 72496, frame 680 | Rse Ventures, LLC, as Collateral Agent | PDW Holdings, Inc.; Performance Drone Works, LLC | Release of Security Interest |
| Oct 9, 2025 Reel 72524, frame 793 | PDW Holdings, Inc.; Performance Drone Works, LLC | Crescent Cove Opportunity Lending, LLC, as Administrative Agent | Security Interest |
Sources
Google Patents · The patent document at USPTO · Assignment records at USPTO
USPTO account required: This application in Patent Center · USPTO's maintenance fee lookup
Maintenance fee events come from USPTO's own fee records. Its fee lookup asks for the patent number and the application number.
Free plan: 3 watched companies. Pro: unlimited.
Alerts on its grants, lapses and transfers.
What's changing
Jan 2041
Term ends Jan 27, 2041. Maintenance fees still fall due before then
Note
The 678 days of patent term adjustment (USPTO delay) are read from the USPTO record, not recalculated by us
Citations
10
later US patents cite this one
That is top 25% of utility patents granted in 2022 in our data, the only group it is compared against.
How we rank
Every date shows its work: the base term, any term adjustment or extension, any disclaimer cap, and the maintenance fee record, each with a confidence tier. How this record was built
Computed patent terms end on the dates shown. Related patents and pending applications may cover overlapping subject matter.
In force means the term is running and no lapse is on record. It is not a finding that the patent is valid.