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Priority Technology Categories Standard Program FAQs License Process Services AST Deals Acquired Portfolios Licensing Opportunities for Potential Members News & Events News Events Sell/License My Patents IP3 fAST IP Login Download Report Mitigate Patent Risk We are a Member-driven cooperative that provides to some of the world’s most innovative and recognized technology companies patent risk mitigation services, market insights, and a forum for IP leaders to interact and form business relationships. Our unique non-profit model means that Members come first every day. HOW AST OPERATES TRANSACTION PROCESS See Our Latest Report AST analyzes US Patent and Trademark Office (USPTO) patent assignment records and gathers data from numerous public sources. This report highlights activity in the patent deals market during the fourth quarter of 2025. In Q4, the U.S. secondary patent market remained active and resilient despite shifting macroeconomic and geopolitical conditions. The USPTO recorded 468 patent sale transactions involving 2,743 assets, with participation from 463 unique sellers and 444 buyers. Liquidity stayed strong, and strategic activity increased, particularly among high-tech enterprises seeking to optimize and monetize intellectual property holdings. Download Quarterly Report Emerging Growth Company Advantage Emerging Growth Companies: Targeting 11,000 Series C and beyond startups with more than $100M in funding, and less than $500M in revenue. Learn More AST Fast Facts AST receives on average over 1200 patent purchase opportunities per year Since its inception in 2007, AST has been offered over 20,000 patent portfolios comprising over 350,000 patent assets 7,000+ patent sellers as well as over 700 brokers have worked with AST over the years. 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