Royalty Report: Energy Resources & Svcs, Alternative and Renewable Energy, Solar – Collection: 25804

License Grant

The Undisclosed Licensor declares and recognizes that he assigned to the Swiss Licensee, which accepted all the rights throughout the world, without exception or reservation, that he held with regard to the Invention, and to all future developments of the Invention, not only all royalties, including invention royalties, but also all intellectual property rights or equivalent rights, as well as all rights to claim damages for any patent infringement on the Invention, and on all future developments of the Invention.

License Property

Licensee has been active for a number of years in the area of voltaic electricity, more specifically in research and development of photovoltaic products and solutions, their production, installation and applications.  Licensee wanted to develop a process that would simplify the automation of the electric coupling of photovoltaic cells, in order to significantly improve productivity in the manufacture of photovoltaic modules, while at the same time offering a more reliable connection system, in which the Licensor participated.

License Grant

The Company entered into a License Agreement with the University whereby the Company will have a limited exclusive License to Integrated Power Source patents.

License Property

Two patents cover a compact power source that produces electricity from solar energy. Designed to be thin and extremely flexible, the self-contained power source can fit a variety of applications – even taking the shape of the device it powers.

The invention enables batteries in small electronic appliances to be charged and deliver power more effectively.  The patents are for the solar powered cell phone and iPod chargers.

License Grant

The Seller sold to the Company all of their right, title, and interest in a patent application, Israel Patent Application Number 198369, for the design of and manufacturing method for a solar photovoltaic element. The technology underlying the Patent Application has the potential to be adopted as a standard in homes and businesses, and, if so adopted, it may have a significant impact on promoting solar power and efficiency.  Seller agrees to sell, assign, transfer and convey to Purchaser all of Sellers right, title and interest in and to the worldwide Patent Rights.

License Property

The Patent Application is for the design and manufacture of a solar photovoltaic element that absorbs the solar spectrum and enables an increase in solar energy conversion. The device will be manufactured on the basis of at least one vacuum chamber and includes many layers, including a reflective layer, an anti-reflective layer, and a protective laminating layer. As soon as we raise the necessary funds, we will use the raised proceeds to develop a working prototype of the invention. Once a working prototype has been developed, we will work to develop and manufacture the device or License the manufacturing and related marketing and selling rights to a third party.

Field of Use

The rights granted apply to the solar energy conversion.

License Grant

University grants to Licensee an exclusive license under the Rice Intellectual Property to make, have made, use, import, offer for sale, sell, lease, or otherwise transfer University's Licensed Products in the Field of Use in the Territory, with the right to sub-license, during the Term of this Agreement.

License Property

University is the owner of certain inventions, know-how and rights pertaining to the synthesis of uniform nanoparticle shapes with high selectivity, including without limitation all rights pursuant to the patent applications and issued patents listed.

Synthesis of Uniform Nanoparticle Shapes with High Selectivity – 60/911,721

Synthesis of Uniform Nanoparticle Shapes with High Selectivity 12/442,382

The Licensor is the owner of certain inventions and patent applications, know-how and rights pertaining to the synthesis of uniform nanoparticle shapes with high selectivity.
A Quantum Dot is a nanocrystal made of semiconductor materials that are small enough to exhibit quantum mechanial properties.

Nanoparticle are materials with features in the nanoscale, which features can be beneficial in a number of applications. Quantum dots are atomic crystals, tiny nanoparticles which can operate as up converters or down converters, emitting either photons or electrons when excited. The color of light emitted varies depending on the size of the quantum dot so that photonic emissions can be tuned by the creation of quantum dots of different sizes. Their unique properties as highly efficient, next generation semiconductors have led to the use of quantum dots in a range of electronic and other applications, including in the biomedical, display and lighting industries. Quantum dots also have applications in solar cells, where their characteristics enable conversion of light energy into electricity, with the potential for significantly higher efficiencies and lower costs than existing technologies, thereby creating the opportunity for a step change in the solar energy industry through the use of quantum dots in printed photovoltaic cells.

Field of Use

'Field of Use' means the manufacture and sale of photovoltaic cells and the manufacture and sales of quantum dots for photovoltaic applications.

Licensee shall demonstrate a working model of a thin film quantum dot solar cell product using the University's Intellectual Property by April 30, 2010. This working model shall achieve 6% efficiency at a manufactured cell cost of <$1.50/Watt, and have a consumer warranty regarding product lifetime performance comparable to existing photovoltaics.

License Grant

University grants to Licensee an exclusive license under the Rice Intellectual Property to make, have made, use, import, offer for sale, sell, lease, or otherwise transfer University's Licensed Products in the Field of Use in the Territory, with the right to sub-license, during the Term of this Agreement.

The Licensee has obtained the exclusive rights to License and subLicense to develop, manufacture, market and exploit the Licensor's inventions, patent applications and any issued patents in the case of the Licensee, for the manufacture and sale of photovoltaic cells and photovoltaic applications and in the case of Licensee for the manufacture and sale of quantum dots for electronic and medical applications (excluding photovoltaic applications).

License Property

The University is the owner of certain inventions and patent applications, know-how and rights pertaining to the synthesis of uniform nanoparticle shapes with high selectivity.

Nanoparticle are materials with features in the nanoscale, which features can be beneficial in a number of applications. Quantum dots are atomic crystals, tiny nanoparticles which can operate as up converters or down converters, emitting either photons or electrons when excited. The color of light emitted varies depending on the size of the quantum dot so that photonic emissions can be tuned by the creation of quantum dots of different sizes. Their unique properties as highly efficient, next generation semiconductors have led to the use of quantum dots in a range of electronic and other applications, including in the biomedical, display and lighting industries. Quantum dots also have applications in solar cells, where their characteristics enable conversion of light energy into electricity, with the potential for significantly higher efficiencies and lower costs than existing technologies, thereby creating the opportunity for a step change in the solar energy industry through the use of quantum dots in printed photovoltaic cells.

With respect to the Licensor's patent applications, the Licensor made a provisional filing for an invention disclosure titled “synthesis of uniform nanoparticle shapes with high selectivity” with the United States Patent and Trademark Office on April 13, 2007 and a subsequent utility filing on April 11, 2008 under the Patent Cooperation Treaty.

PCT enables the U.S. applicant to file one application, 'an international application,' in a standardized format in English in the U.S. Receiving Office (the U.S. Patent and Trademark Office), and have that application acknowledged as a regular national or regional filing in any State or region that is party to the PCT. Dr. Michael Wong is a director of the Licensee Parent and is the inventor of the Licensor’s patent application Licensed by the Licensee.

Patents
Rice
Tech ID
Invention
Disclosure
Received
Invention Disclosure Title Patent Title Filing Date Serial Number Patent Type Country Inventors Pa
27014 8/31/06 Synthesis of Uniform Nanoparticle Shapes
with High Selectivity
Synthesis of Uniform Nanoparticle Shapes
with High Selectivity
4/13/07 60/911,721 Provisional U.S. Michael Wong,
Subashini Asokan
Synthesis of Uniform Nanoparticle Shapes with high Selectivity 4/11/08 PCT/US2008/060129 PCT PCT Michael Wong, Subashini Asokan On an “as is” basis as of the Effective Dae

Field of Use

“Field of Use” means the manufacture and sale of photovoltaic cells and the manufacture and sales of quantum dots for electronic and medical applications.

The Licensee is a start-up solar technology and quantum dot manufacturing firm with the opportunity to acquire a significant amount of both quantum dot and solar photovoltaic market share by commercializing a low cost quantum dot processing technology and a low cost quantum dot based third generation photovoltaic technology/solar cell, pursuant to an exclusive license agreement the University Licensor.

Our objective is to become the first bulk manufacture of high quality tetrapod quantum dots and the first solar cell manufacturer to be able to offer a solar electricity solution that competes on a non-subsidized basis with the price of retail electricity in key markets in North America, Europe, the Middle East and Asia.