NASA and Ocean Tomo Establish Groundbreaking Partnership to Commercialize NASA Technologies
- Thursday, 30 October 2008
NASA Goddard Space Flight Center (Greenbelt, MD) and Ocean Tomo Federal Services, LLC, a wholly owned subsidiary of Ocean Tomo, LLC (Chicago, IL), announced a partnership to commercialize NASA-funded technologies. The partnership will focus on maximizing the value of NASA Goddard inventions by facilitating transfer of over 40 technologies to the private sector for commercial application.
“A major component of NASA Goddard’s Innovative Partnerships Program’s mission is to transfer NASA technology to the commercial marketplace,” said Nona Cheeks, Chief of NASA Goddard’s IPP Office, which facilitated the licensing arrangement. “We look forward to working with Ocean Tomo to create greater awareness of the technological innovations available at NASA Goddard.”
Ocean Tomo plans to offer the right to license NASA’s technologies through its IP transaction platforms, including Live Public Auction, Private Brokerage, and Patent/Bid-Ask™ as well as IPX International™.
“While both NASA and Ocean Tomo stand to benefit from the agreement, the ultimate beneficiary,” said Cheeks, “is the taxpayer. This groundbreaking collaboration between Goddard and Ocean Tomo accelerates the commercialization of NASA technologies into new and advanced products that help improve quality of life,” she added.