NanoDynamics, Inc., a diversified nanotechnology
and manufacturing company, today announced the launch of TechBank™. This
forum offers information on a selection of the company’s intellectual property
(IP) technologies that are available for sale, licensing, partnering or joint
development.
“As we continue to grow in alignment with a global demand for cleantech
solutions, it makes sense to focus our resources on a core set of markets and
the solutions within our technology portfolio that address them,” said Keith
Blakely, NanoDynamics C.E.O. “As the technologies we have selected for
TechBank provide viable and equally valuable solutions across many industries,
we are offering them to developers in markets and applications outside our
targeted areas who can benefit from them.”
The first 13 of these technologies are currently available for review.
Several are expected to be added each quarter. The technologies typically
fall into one of the following four stages of development:
- Developed – These technologies are ready for scale-up and
commercialization, and are protected by issued patents. Once a
relationship is established, a partner can begin immediate
commercialization.
- Intermediate – These technologies have been secured through published or
applied patents, and prototypes have been demonstrated. A potential
partner has the opportunity to develop a manufacturing process best
suited to a particular market/application.
- Nascent – These technologies have an IP disclosure and a prototype has
been developed, but patents have not yet been filed. A potential partner
has the opportunity to tailor the patent and the product to cover a
particular market/application.
- Theoretical – These technologies have an IP disclosure or patent, but
prototypes do not yet exist.
“Unlike other ‘IP stores’ that use a third-party brokering system, TechBank™
offers the ability for those interested in our intellectual properties to work
directly with our internal experts,” said Dr. Alan Rae, vice president of ND
Innovations. “This one-on-one interaction and communication enables us to
better understand the potential application and its needs, and thus help
interested parties make an informed and accurate choice from among our IP
technologies. It also allows us to determine the most mutually beneficial
relationship, from joint development, to licensing, to the outright sale of a
technology. In addition, it insulates proprietary knowledge by limiting
discussions to only those directly involved in the development process.”
Located within NanoDynamics’ NDInnovations group web portal at
http://innovations.nanodynamics.com, TechBank offers a downloadable
description of each of the company’s available IP technologies. Upon review
of this information, interested parties can submit an inquiry online that will
connect them directly with the appropriate NanoDynamics subject matter expert
for more detailed data. Parties are also offered the option of subscribing to
TechBank’s opt-in e-mail system that will notify them when new technologies
are available for review.