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NASA Sells Software Patents for Commercializing Tech Development

NASA Sells Software Patents for Commercializing Tech Development - top government contractors - best government contracting event
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NASA Sells Software Patents for Commercializing Tech Development - top government contractors - best government contracting eventNASA put three sections of its Goddard Space Flight Center software patents up for auction on March 29, Wired reports. 

The space agency put software development patents, autonomic computing and autonomic safety systems patents up for grabs at the ICAP Ocean Tomo IP Auction.

NASA sold the development patents for $75,000, according to Wired.

The sold group includes technologies for creating software, code descriptions, formal specifications and working code from informational input. 

The winning bidder does not get ownership of the patents but gets exclusive licenses to use these technologies.

Wired reports this is the second auction NASA has taken part in as part of a pilot program the space agency plans to use in order to commercialize some of its technology developments. 

Darryl Mitchell, technology manager at Goddard“™s innovative partnerships program office, said NASA sold medical device maker DynaDX 10 patent licenses to help it build brain-pressure measuring devices at an auction.

Mitchell did not disclose who purchased the patent licenses this time around.

Companies often do not disclose patent purchase activity since they do not want to give competitors information about markets they plan to leave or capitalize on, Wired reported. 

According to Wired, companies shelled out the largest amount of money for international patents covering mobile computing.

Patent protection seller RPX purchased an integrative data patent to be used on a mobile device for $150,000. 

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