SOURCE: ICAP Patent Brokerage

ICAP Patent Brokerage

October 29, 2015 13:00 ET

NASA and ICAP Patent Brokerage Partner on Fourth Intellectual Property Auction

NEW YORK, NY--(Marketwired - October 29, 2015) - ICAP Patent Brokerage, in conjunction with The Innovative Technology Partnerships Office (ITPO) of NASA's Goddard Space Flight Center (GSFC) in Greenbelt, Md., announces the sale of licenses to four NASA-developed patent portfolios. The portfolios are offered as part of the Internet of Things IP Auction, with a bidding deadline of November 12th, 2015.

"Fueled by the greatest scientific minds in the world, NASA inventions are born at the forefront of research and technology," said Dean Becker, CEO of ICAP Patent Brokerage. "We are pleased to once again partner with NASA and offer this technology to the general public."

This is the fourth such collaboration between the two organizations, the first of which was facilitated by ICAP Patent Brokerage's team during a live auction event in 2008. The groundbreaking sale of rights to 11 NASA-owned patent assets marked the first time government-owned patents had been sold at public auction. Multiple NASA assets were auctioned during subsequent events in 2010 and 2012.

Auctioning patents augments the agency's technology licensing program, which historically has been the main way NASA has allowed many industries-including the medical, aerospace, automotive, and communications sectors-to leverage its technology. The process increases the value of NASA technologies and puts those technologies to work in the economy, thereby increasing return on investment (ROI) for the taxpayer.

Nona Cheeks, Chief of NASA GSFC's ITPO, says, "NASA Goddard's participation in the intellectual property auction helps expedite a fair and efficient practice for industry to valuate and quickly access NASA's breakthrough technologies for commercialization."

The four portfolios cover a broad range of technical fields, including:

  • A reduced weight/power consumption apparatus for relative navigation, which utilizes reflected GPS signals to provide passive autonomous relative navigation of an orbiting spacecraft towards an orbiting body.
  • A method of determining complete sensor requirements for autonomous mobility of an autonomous system (such as a drones, robots, or any unmanned system).
  • An architecture for an autonomic system comprising signal generating, self-sacrifice enabled autonomic worker components (such as interoperable scientific instruments).
  • An effective encryption technique utilizing message authentication codes and encryption codes derived from DNA, RNA, proteins and the processes of DNA and mRNA transcription, in conjunction with public-key cryptography.

To expedite the assimilation, use and adaptation of the technology, winning bidders will be afforded an opportunity to discuss the technologies with the inventors.

Forward citing companies of the patents in these portfolios include BAE Systems and Topcon.

Detailed descriptions of the capabilities of the patent lots for auction can be found on the Internet of Things IP Auction web page.

To learn more about the intellectual property available for sale in this portfolio:

Contact Michelle Tyler of ICAP Patent Brokerage at (312) 327-4438 or via email at michelle@icapip.com.

If you have a patent portfolio for sale, visit our website to make a patent portfolio submission for an upcoming sealed bid event.

Follow us on Twitter (@ICAP_IP) and join our LinkedIn group.

About ICAP Patent Brokerage
ICAP Patent Brokerage is the world's largest intellectual property brokerage and patent auction firm, leveraging the talents of experienced patent brokers to match buyers and sellers for the sale of patents and other intellectual property assets. With multiple transaction platforms and unparalleled industry knowledge, including experience with trademarks, brands, intellectual property licensing, and UCC sales, ICAP Patent Brokerage is the global leader in the transaction of intellectual property.

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