Posts Tagged protecting IP

How Licensing Helps Small Companies Make Big Profits

This license will probably not help bring your patented technology to market...

Like many emerging technology fields, the commercial spaceflight industry has a long close relationship with their patent attorneys. Patents are an excellent way for companies to maintain the hard-won competitive edge the skull sweat of their R&D group has created. Even before man made it to space, patents and patent applications have been filed on a variety of space-related technologies including: rocket steering systems (filed 1952!), escape tower rockets (filed 1959 on behalf of NASA), and sea-based recovery of space launch vehicles (filed 2009 by Blue Origin). Intellectual property rights protect new technologies and provide a potential avenue for royalty profits through licensing. What is a license, you ask, and how can it boost the company bottom line?   Read the rest of this entry »

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