The top patent earner in Virginia last year

Tech and engineering firms were the most inventive patent winners across the U.S. last year—a year marked by growing tension with foreign nations racing to bring world-changing tech like artificial intelligence and space satellites to market.

Nearly 160,000 patents were assigned across the U.S. in 2022, according to the U.S. Patent and Trademark Office. When a patent is awarded through the USPTO, the individual or company that it's given to has the license to a temporary monopoly on business for that specific product or service. Companies have used patent law for decades to defend their intellectual property—including designs and devices against competitors that might attempt to profit off of stolen ideas.

ClickUp used data from the Patent and Trademark Office to find the top patent earner in Virginia based on the number of patents assigned in USPTO's fiscal year 2022, which ran from Oct. 1, 2021, through Sept. 30, 2022. This analysis was part of a broader national report on the top patent earner in every state. The data looks at the assignees for both regular utility and design patents and was limited to assignees that received at least 10 patents within the year.

Capital One Services LLC was the top patent-earner in Virginia last year. It was issued 379 patents from the USPTO within the state, comprising 29.7% of all patents considered for the statewide analysis. Commercial banking provider Capital One won patents for contactless card recognition tech and methods for "secure sharing of customer intelligence."

Nationally, the vast majority of top patent earners last year were private organizations. Private spending on research and development by U.S. companies has skyrocketed since the economic downturn of the late 2000s. In 2020, it was estimated to total $531 billion, according to the latest available data from the National Center for Science and Engineering Statistics. But nine colleges and universities rose to the top in their respective states for patent filing, as well.

Read on to see who else scooped up the rights to the most cutting-edge tech in Virginia last year.

#26. Cyber IP Holdings, LLC
- Patents issued: 10

#24. Hamilton Beach Brands, Inc. (tie)
- Patents issued: 11

#24. Aurora Flight Sciences Corp. (tie)
- Patents issued: 11

#21. Virginia Commonwealth University (tie)
- Patents issued: 12

#21. Panpsy Technologies, LLC (tie)
- Patents issued: 12

#21. LifeNet Health (tie)
- Patents issued: 12

#19. Qomplx, Inc. (tie)
- Patents issued: 13

#19. Booz Allen Hamilton, Inc. (tie)
- Patents issued: 13

#18. The MITRE Corp.
- Patents issued: 15

#17. Objectvideo Labs, LLC
- Patents issued: 16

#16. Virginia Tech Intellectual Properties, Inc.
- Patents issued: 18

#14. Vignet, Inc. (tie)
- Patents issued: 21

#14. Global Tel*Link Corp. (tie)
- Patents issued: 21

#13. MicroStrategy, Inc.
- Patents issued: 22

#12. K2M, Inc.
- Patents issued: 24

#11. U.S. Army
- Patents issued: 25

#10. Mars, Inc.
- Patents issued: 36

#9. University of Virginia Patent Foundation
- Patents issued: 39

#8. U.S. Navy
- Patents issued: 53

#7. Northrop Grumman Systems Corp.
- Patents issued: 65

#6. Verizon Patent and Licensing, Inc.
- Patents issued: 71

#5. Ofinno, LLC
- Patents issued: 72

#4. Alarm.Com, Inc.
- Patents issued: 85

#3. Altria Client Services
- Patents issued: 88

#2. Yahoo
- Patents issued: 134

#1. Capital One Services, LLC
- Patents issued: 379