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SIM IP bets on strong patent cycle with QinetiQ cybersecurity deal, CEO says

By Steve Scherer ( September 22, 2026, 21:02 GMT | Insight) -- SIM IP’s purchase last week of a QinetiQ cybersecurity patent portfolio reflects its expectation that patent assets will become more attractive over the coming years, Chief Executive Erich Spangenberg told MLex. The company, which announced the deal Sept. 17, plans to continue raising money for acquisitions after securing $100 million in insurance-backed financing earlier this month, he saidPatent investment firm SIM IP last week acquired a QinetiQ cybersecurity patent portfolio and is betting there will be a favorable market for patent investments over the next several years, SIM Chief Executive Erich Spangenberg told MLex....

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