The Air Force Research Laboratory (AFRL) and Purdue Research Foundation signed a new partnership intermediary agreement (PIA) in order to expedite the technology transfer process of AFRL technology into the commercial market. The foundation will work with AFRL, the Air Force Technology Transfer Program Office (AFT2PO), Wright Brothers Institute, The Entrepreneur Center, student teams and companies to identify technologies that are available for licensing and commercialization.
This type of agreement allows the Purdue Research Foundation to facilitate joint projects and technology transfer between the Air Force and private companies.
Working with their partners, Purdue Research Foundation will help teams establish sound business plans and market their products – thus opening new commercial outlets for AFRL technology. In addition, Purdue Research Foundation will share best practices in commercialization training, outreach and marketing.
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