, General news

NASA offers patents to startups in the USA

The National Aeronautics and Space Administration (NASA) has presented an offer to startup companies to license NASA patents with no up-front payment. This allows startup companies to choose from a portfolio of more than 1,200 technologies ranging from materials and coatings to sensors, aeronautics technologies, instrumentation and more.

NASA waives the initial licensing fees and there are no minimum fees for the first three years. However, when a company starts selling a product, NASA will collect a standard net royalty fee.

While NASA does license to foreign entities, this start-up agreement is only available to companies in the United States.

Read more on http://technology.nasa.gov/startup