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  • 1. Darryl Mitchell Innovative Partnerships Program Office Goddard Space Flight Center Greenbelt, MDProject Management Challenge2010 Annual ConferenceGalveston, TX Used with Permission
  • 2.  The Importance of Innovation  Innovative Partnerships Program Overview  The NASA Patent Licensing Model  Ocean Tomo  The Live Intellectual Property Auction License Model  Results of the First Live Auction of a Government Patent License  Next StepsFebruary 19, 2010 http://ipp.gsfc.nasa.gov 2
  • 3. Source: NEWSWEEK-Intel Global InnovationSurvey 2009 Source: NEWSWEEK- Intel Global Innovation Survey 2009 February 19, 2010 http://ipp.gsfc.nasa.gov 3
  • 4. February 19, 2010 http://ipp.gsfc.nasa.gov 4
  • 5. Legal & Policy Benefits to Obligations AgencyFebruary 19, 2010 http://ipp.gsfc.nasa.gov 5
  • 6. February 19, 2010 http://ipp.gsfc.nasa.gov 6
  • 7. GSFC ESMD JPL GRC SMD SOMD ARC LaRC ARMD DFRC KSC SSC JSC MSFCFebruary 19, 2010 http://ipp.gsfc.nasa.gov 7
  • 8. Technology Innovation Partnership Infusion Incubator Development  Small Business  Centennial  Intellectual Innovation Challenges Property Research (SBIR)  FAST Management  Small Business  Innovation  Technology Technology Transfusion Transfer Transfer  New Business  New Innovative Research (STTR) Models Partnerships  IPP Seed FundFebruary 19, 2010 http://ipp.gsfc.nasa.gov 8
  • 9. Cooperative Software Space Act Patent/Copyrig Enhanced Contract Agreement Usage CRADA Agreement ht License Use Lease Grant Agreement Purpose Acquire NASA funding Collaborations Transfer Access to Permits NASA Rarely used by goods, provided to with the public specific rights NASA to lease under- NASA for services, or facilitate and private associated with developed utilized real cooperative both. activities that sector software property assets research and NASA-owned accomplish a development. Intellectual public purpose Property Competition Generally, Generally, Yes In some No No In some No Required? Yes circumstances circumstances Notable - Goods or - Public Purpose -Subject to -Intellectual -Export Control - Real Property - Federal Lab Requirements Services - NASA may be statutory and Property Compliance - R&D - Mission involved NASA - Royalty- - Depends on Need requirements type of release Based -Commercializ ation NASA Yes Yes Rarely No No No No Funding to the Non- NASA Party? Authority Space Act; 31 Space Act; 31 Space Act 35 USC 207 NPD 2210.1A Space Act; 42 15 USC 3710a USC 6303; 10 USC 6304; 31 USC 2459j USC 2302 USC 6305February 19, 2010 http://ipp.gsfc.nasa.gov 9
  • 10.  Negotiated & executed at Field Centers  Governed by 37C.F.R. §404  License application required  Exclusive or non-exclusive  Non-Exclusive preference  Exclusivity requires 15-day comment period  Preference to U.S. businesses  Up-Front Fee, Running Royalties, Annual Minimums, and Practical Application deadline  Standardized language  Government retains “March-in” Rights  No Government warranty or indemnification  No rights to NASA Logos granted  Sublicensing rights granted to exclusive Licensees  Annual Reports required of Licensee  “Know-how” transferred under separate agreement (SAA)February 19, 2010 http://ipp.gsfc.nasa.gov 10
  • 11. 2 - 4 Inventors • $5k ea. • 25% ea. To Single $25K Inventor • Split 30% of • $5K + 25% remainder 5+ Inventors • Equal shares of $25K • Split 30% of remainder Field Center Director •NPR 2092.1A, Distribution of Royalties Received by NASA from the Licensing or Assignment of InventionsFebruary 19, 2010 http://ipp.gsfc.nasa.gov 11
  • 12.  Slow …. But improving!  Constrained resources  Cultural disconnects  Limited flexibility  Limited, or no, market validation of technologyFebruary 19, 2010 http://ipp.gsfc.nasa.gov 12
  • 13.  Founded: 2003  Headquarters: Chicago, IL  Business Type: Intellectual Capital Merchant Banc  Mission: Efficient Monetization of Intellectual Property  Best Known For: Live Auctions of Intellectual Property  Total Live Auction Transactions to Date: $120MFebruary 19, 2010 http://ipp.gsfc.nasa.gov 13
  • 14.  Can NASA actually sell its patents? RESOLUTION: No, but Ocean Tomo can auction the right to assume its exclusive license with NASA  What about the Federal Register Notice? RESOLUTION: Handled pre-auction with Ocean Tomo  What about export control issues? RESOLUTION: Screen with pre-qualification application  Should we go with a running royalty, or a one time payment? RESOLUTION: Technology and market sector dependent  What if it doesn’t sell at auction? RESOLUTION: Other transaction platforms available, and Ocean Tomo license expires within 3 years  What about Non-Practicing Entities (i.e. Patent Trolls)? RESOLUTION: NASA retains standard march-in rightsFebruary 19, 2010 http://ipp.gsfc.nasa.gov 14
  • 15. Fall 2007: Goddard and January 2008: Goddard Fall 2006: Contact with Marshall authorized to posts a Federal Register Ocean Tomo established proceed with pilot Notice for 44 patents & by Goddard IPP programs patent applications July 22, 2008: License Spring 2008: Detractors February 2008: Objection executed with Ocean start gathering torches & to Federal Register Notice Tomo pitchforks received and resolved October 30, 2008: September 2008: Joint Goddard successfully October 14, 2008: Three press release issued auctions an exclusive Congressional inquiries regarding upcoming license to its Hilbert- received auction Huang Transform (HHT) patent portfolioFebruary 19, 2010 http://ipp.gsfc.nasa.gov 15
  • 16.  Ocean Tomo & NASA jointly identify candidate cases  Ocean Tomo submits license application  NASA posts notice in Federal Register (15 day comment period)  Ocean Tomo & NASA jointly establish license terms  License executed with Ocean Tomo  Ocean Tomo begins marketing campaignFebruary 19, 2010 http://ipp.gsfc.nasa.gov 16
  • 17.  Interested bidders must submit a pre- qualification document (37 C.F.R. §404)  NASA provides expedited feedback on pre- qualification applications  Winning bid held in escrow by Ocean Tomo  Winning bidder submits remaining data required for license application to NASA  NASA executes a novation of the license with Ocean Tomo to transfer ownership to bidder  Ocean Tomo forwards funds to NASA less a standard fee (called out under terms of license) and collects separate fee from bidderFebruary 19, 2010 http://ipp.gsfc.nasa.gov 17
  • 18.  HHT portfolio licensed after 8 years to DynaDx Corp.  $50K Up-front  Running & annual minimum royalties  Product launched September 2009  Multiple organizations interested in 6 GPS patents post-auction  Tremendous publicity for NASA & Ocean Tomo  WSJ  Physics Today  BBC News  Many OthersFebruary 19, 2010 http://ipp.gsfc.nasa.gov 18
  • 19.  Founded: 2005  Location: Mountain View, CA  Product: Multimodal Pressure- Flow (MMPF) technique for analysis of dynamic cerebral auto-regulation  Applications: Stroke, Dementia, Traumatic Brain Injury  NASA Technology: Hilbert- Huang Transform (HHT)  Product Launch: September 2009February 19, 2010 http://ipp.gsfc.nasa.gov 19
  • 20. NASA Ocean Licensees Taxpayers •More efficient Tomo •Simplified portal •Potential life- utilization of IPP to access federally improving resources •Increased deal owned patents advancements flow entering the • Creation of new •Ocean Tomo technology •Leverage NASA vetting process marketplace more brand recognition quickly resources •Economic impactFebruary 19, 2010 http://ipp.gsfc.nasa.gov 20
  • 21.  Ocean Tomo Transactions acquired by ICAP  Improved capitalization  New ventures/platforms enabled (e.g. IPXI)  Other Federal Labs coming onboard  DOE, NSA, APL, NIH, …  NASA released RFI on September 25, 2009 regarding licensing intermediary models  Portfolio bundling across labs and/or agencies?  In FY 2007, 4,500 new invention disclosures, & over 1,400 patents issued to federal labsFebruary 19, 2010 http://ipp.gsfc.nasa.gov 21
  • 22. Darryl Mitchell Technology Manager Innovative Partnerships Program Office NASA Goddard Space Flight Center Greenbelt, Maryland (301) 286-5169 Darryl.R.Mitchell@nasa.gov http://ipp.gsfc.nasa.govFebruary 19, 2010 http://ipp.gsfc.nasa.gov 22