Location History:
- Lake Zurich, IL (US) (2000)
- Kildeer, IL (US) (2012 - 2021)
Company Filing History:
Years Active: 2000-2021
Title: Innovations of Ralf H. Jaeger in Banknote Processing
Introduction
Ralf H. Jaeger, based in Kildeer, IL, is an accomplished inventor with a notable portfolio of 38 patents. His work primarily focuses on advancements in banknote processing technology, contributing significantly to the field through innovative devices and methods.
Latest Patents
Among his recent patents, one significant innovation is a "Banknote Processing Device and Methods." This invention describes a banknote transport path, defined in part by a transport plate. This transport plate is pivotally mounted about a first axis, allowing for operation in both a working and an open position. The device also incorporates a display assembly that can transition from an operational to a non-operational position, facilitated by a linkage mechanism that ensures systematic functionality.
Another noteworthy patent is the "Apparatus and System for Imaging Currency Bills and Financial Documents and Method for Using the Same." This invention outlines a process wherein currency bills are transported past an image scanner. The system effectively produces image data to recreate visually readable images of each bill. In instances where the serial number of a currency bill is not accurately extracted, this patent describes a method for populating an electronic record with a serial number snippet image, enhancing accuracy in financial documentation.
Career Highlights
Ralf H. Jaeger has demonstrated remarkable expertise in his field, particularly through his tenure at recognizable companies such as Cummins-Allison Corporation. His contributions have paved the way for innovative solutions in banknote processing, showcasing his talent as an engineer and inventor.
Collaborations
Throughout his career, Ralf has collaborated with noted professionals in the industry, including Frank M. Csulits and Douglas U. Mennie. These collaborations likely enriched his projects, fostering creativity and innovation in their respective endeavors.
Conclusion
Ralf H. Jaeger's contributions to innovations in banknote processing technology highlight his role as a pivotal inventor in the industry. With a portfolio of 38 patents, his work continues to influence how currency is handled and processed, marking significant advancements in financial technology.