Starting
this month, startups will be able to obtain patents from NASA with no money
down and no interest payments for the first three years. “The program waives
upfront fees and provides a streamlined process for applying for a
license. It is an outgrowth of NASA’s compliance with a memorandum issued
by President Obama in October 2011 to accelerate and increase the success of
transfer of technology from government agencies to the commercial sector,
according to Dan Lockney, NASA’s technology transfer program executive.” (Harbert)
This
article discusses how, why, and some examples of the patents that NASA has
announced they are giving away. Although, they are not actually “giving” away
the patents, there are some requirements if your startup wants to get its hands
on one of these licenses. First off your company had to be formed in the last
year. They also must intend to
commercialize the technology after NASA grants them a license. And, after three
years of licensing, a startup will have to pay royalties. “The royalties will
be “lower than industry standard, lower than government standards, and lower
than NASA’s usual standard,”.”(Harbert) This is a great way for NASA to gain
access to many new technologies that other agencies will not have access to
because they do not offer the same deal. This program that NASA is offering is
attracting a lot of attention from start up companies, with three million
applications downloaded in the first three days. NASA must take its time going
through all of the applications, because they want to make sure the startup has
the capability of producing useful technologies. ““We want to know that [the
startup] has the technical chops, and that it’s not just tying up the IP,” (Harbert).
If the startup is incapable of producing results after five years, actions will
be taken by NASA to terminate their license.
With
potentially millions of ideas for new technologies, NASA is sure to have
success in their quest for new and useful technologies for the future. “The
agency hopes that the startup program will produce at least a few “home runs,”
says Lockney. After all, NASA has been the inventor of technologies that, once
commercialized, became part of everyday American life,” (Harbert).
This
article describes clearly NASA’s offer for free patents and licensing to new
technological startup companies, some areas where it is lacking are describing
any specific areas of technology that are more important than others, however, all
together this article was interesting and informative, and clearly displayed
the demand for new technologies today.
Work Cited
Harbert, Tam. "NASA Offering
Patents to Startups, No Money Down." Spectrum.org. N.p., 29 Oct.
2015. Web. 29 Oct. 2015.
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