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Commercialization

NASA Patents Sold at Auction

By Keith Cowing
NASA Watch
November 3, 2008

Ocean Tomo Auctions Announces Impressive $12.8M Results from Fall 2008 Live Intellectual Property Auction

“We are delighted that exclusive rights to our patents were sold at auction. Not only does this sale maximize the value of the award-winning HHT technology by transferring it to a commercialization partner, it also benefits the U.S. taxpayers and the domestic economy,” said Nona Cheeks, chief of NASA Goddard’s Innovative Partnerships Program Office. “This is a great start and validation of our partnership with Ocean Tomo to commercialize NASA-funded technologies. There were several institutional hurdles to overcome to allow us to participate in the auction and given the many challenges, we’ve found the dedication of the Ocean Tomo team to be truly impressive.”

NASA Watch founder, Explorers Club Fellow, ex-NASA, Away Teams, Journalist, Space & Astrobiology, Lapsed climber.