Nasa to help startups take off
Posted on 23 October, 2015 by Mark Chatterley, reporter
Technology startups get free access to more than 1,200 NASA patents through the Startup Nasa Initiative.
Nasa, the US National Aeronautics and Space Administration, has announced it will provide its patents with no upfront payment to technology startups looking to commercialise its technology.
The Startup Nasa Initiative will enable companies to browse the organisation’s online patent portfolio containing more than 1,200 technologies. Non-exclusive licences can then be applied for on specific patents.
Startups that wish to use the initiative need to have been formed with the express intent of commercialising the licensed technology. Nasa will waive the initial licensing fee and the minimum fees for the first three years.
David Miller, chief technologist at Nasa, said: "The Startup Nasa Initiative leverages the results of our cutting-edge research and development so entrepreneurs can take that research – and some risks – to create new products and new services."
See more from this Government Report: US
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