SKF launches The Patent Bay - a platform for sharing technologies that could reduce environmental impact
SKF AB S/ADR (SKFRY)
NASDAQ:AMEX Investor Relations:
skf.com/group/investors/investor-relations
Company Research
Source: PR Newswire
GOTHENBURG, Sweden, Nov. 4, 2025 /PRNewswire/ -- SKF is launching The Patent Bay, a new platform open to companies that aim to accelerate technologies with the potential to advance sustainability, by making selected patents freely available to others.Throughout history, progress has been driven by the desire to make knowledge and important inventions accessible to more people. From decisions to release the three-point seatbelt freely and save millions of lives, to the moment when the World Wide Web was opened to everyone. And most recently when vaccine technology was shared to meet a global crisis. "Innovation is essential for a sustainable future, and history shows that real breakthroughs happen when we share. The Patent Bay is our way of unlocking that potential—creating ripple effects across industries and society," says Rickard Gustafson, President and CEO. The launch comes at a time when global patent filings are at an all-time high. According to the World Intellectual Property
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