ALEXANDRIA, Va., Nov. 11 -- United States Patent no. 12,468,907, issued on Nov. 11, was assigned to Wire Pulse Inc. (Chicago).

"Modular material tracking system and method" was invented by Jason Zielke (Lutherville-Timonium, Md.), Eric Martin (Aurora, Ill.) and Pete Wilson (Chicago).

According to the abstract* released by the U.S. Patent & Trademark Office: "A modular material tracking system is provided for tracking material stored on and drawn from a reel using a modular system. The modular material tracking system may include a detection element, digital logic components, location receiver, enclosure, analytic components, interface component, sensor module, and plate module. One or more sensors relative to the reel may detect a positio...