This inventor holds 6 USPTO granted patents. Top assignees: Crane Canada Co., Cashcode Company Inc., Other. Active years: 2004-2010.
Location History:
- Etobicoke, CA (2008)
- Thornhill, CA (2004 - 2010)
Company Filing History:

Years Active: 2004-2010
Title: Oleksandr Lukonin: Innovator in Banknote Validation Technology
Introduction
Oleksandr Lukonin is a notable inventor based in Thornhill, CA. He has made significant contributions to the field of banknote validation technology, holding a total of 6 patents. His innovative designs focus on enhancing user experience and functionality in vending and banking systems.
Latest Patents
One of his latest patents is the "Lighted Bezel," which features a validator equipped with a series of spaced lighted segments adjacent to a banknote slot. This design not only provides functional information but also creates an attract mode for potential purchasers. The validator is intended to enhance traditional advertising methods used by associated equipment, such as vending machines. A pulsing light sequence is employed to illuminate bar segments of varying lengths, adding to its appeal. Another significant patent is the "Validator with Recycling Cassette and Stacker." This invention utilizes a stacked configuration of the validator, banknote accumulator, and dispenser, ensuring a relatively short banknote path to prevent misalignment.
Career Highlights
Throughout his career, Oleksandr has worked with Crane Canada Co., where he applied his expertise in developing advanced banknote validation systems. His innovative approach has led to the creation of technologies that improve the efficiency and reliability of cash handling in various applications.
Collaborations
He has collaborated with talented individuals such as Sergiy Androsyuk and Dmitro Baydin, contributing to the advancement of technology in the banking and vending sectors.
Conclusion
Oleksandr Lukonin's contributions to banknote validation technology demonstrate his commitment to innovation and improvement in user experience. His patents reflect a deep understanding of the needs within the industry, making him a valuable inventor in this field.