Spherix, Inc. operates as an intellectual property company that owns patented and unpatented intellectual property. Its principal activities include the acquisition and development of patents through internal or external research and development. In addition, the company intends to acquire existing rights to intellectual property through the acquisition of already issued patents and pending patent applications, both in the U.S. and abroad. The company's patent portfolio consists of patents in the fields of wireless communications, satellite, solar and radio frequency, as well as 2 U.S. patents in pharmaceutical technology. Spherix was founded by Gilbert V. Levin and M. Karen Levin in 1967 and is headquartered in Tysons Corner, VA.