05 Aug Start-up NASA and the Patent Portfolio
What more can you ask for; space age technology, in an easy to search database, with pictures and abstracts, available for patent licensing and commercialization. Then there is ‘Startup NASA’ offering a license with no up-front costs for commercialization. You can hold on to your money.
- These technologies have been vetted for technical and commercial viability by NASA and external sources.
- Patents are maintained and protected by the US Governme
- NASA technical personnel and facilities can be available to lend additional support.
- This offer is open only to companies formed with the express intent of commercializing the licensed NASA technology.
- NASA waives the initial licensing fees, and there are no minimum fees for the first three years.
- Once the company starts selling a product, NASA will collect a standard net royalty fee. This money goes first to the inventor and then to maintaining the agency’s technology transfer activities and technology advancement.
- This announcement applies to only non-exclusive licenses, which means other companies may apply for similar rights to use the technology for commercial purposes. However, NASA will consider further exclusivity if the startup wishes to negotiate.
- Companies entering into these licenses are bound by all requirements in federal licensing statutes and NASA policies, including development of a commercialization plan and reporting on efforts to achieve practical application.
- While NASA does license to foreign entities, this start-up agreement is only available to companies in the United States.
Find a technology and use the link on the page to apply!
National Aeronautics and Space Administration
Source: From TEDCO newsletter and Startup NASA