A license creates a contractual relationship between the Government and the non-DOE party. Licenses transfer government-owned intellectual property (IP) to the private sector. NETL licenses to partners who have a commercialization plan with a high probability for technology commercialization and for sharing the benefits of the IP with the public.
The licensor grants the right to practice the invention claimed in the licensed patent or patent application or invention disclosure to the licensee, usually in consideration for a payment (royalties) made by the licensee to the licensor. By granting the license, the licensor agrees not to sue the licensee for patent infringement.
Licenses include royalties, exclusivity, and field of use. Royalties include signing/execution fee, minimum royalties, royalties on products sold, and sublicensing royalties.
Different license options that a party may request from NETL include:
If you are interested in pursuing a license with NETL, please contact email@example.com