Two Takes Balanced

NASA is allowing startups to use its patents for free

via Washingtonpost
2 min read
Oct 12, 2015
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TECHi's Analysis

85 words

You’d be surprised how many products that we see and use everyday actually utilize technology that was developed by NASA, such as memory foam mattresses and non-stick pans, through patent licensing deals. These deals tend to favor established corporations, however, which is why the space agency has decided to start waiving the initial licensing fees for its patents for startups. This means that startups can access a bunch of NASA-developed technology for free until the product that utilizes the technology actually hits the market. 

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Washingtonpost's Report

191 words

From the memory foam in your mattress to the advanced alloys in your tennis racquet, NASA is behind some of the biggest technological advances of our time. Now, the space agency is giving other inventors the chance to build on those by letting them use its patents — for free. NASA’s Technology Transfer Program says it’s opening up its patent portfolio and waiving the costs associated with using the patents for at least the first three years of a company’s product development. Once a startup has brought the product to market, NASA will start collecting a “standard net royalty fee,” but otherwise inventors will be able to use the patents however they like. Combining NASA technologies, or building on them in new ways, could lead to further advances in materials science, communications, manufacturing, heath and medicine or robotics, to name a few. NASA maintains a searchable database of all the eligible patents for licensing under its startup initiative. They cover everything from an airplane that can fly in low-density atmospheres like Mars to super-accurate lasers that can transfer data through space at the speed of light to lie-detection technology.

TECHi's Verdict: Balanced

TECHi weighs both sides before reaching a conclusion.

NOTE: TECHi Two-Takes are the stories we have chosen from the web along with a little bit of our opinion in a paragraph. Please check the original story in the Source Button below.

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