Royalty Report: Machinery, Transportation, Engines – Collection: 2632

$100.00

Curated Royalty Rate Report
Category: Technology Licenses, Created On: 2022-04-28, Record Count: 3

Description

This collection of transactions and supporting information was developed using our AI algorithm to curate similar royalty reports into a cohesive collection to support your licensing, transfer pricing or other transaction scenarios where documented royalty rates and/or deal terms are important.
Category: Technology Licenses
Created On: 2022-04-28
Record Count: 3

Primary Industries

  • Machinery
  • Transportation
  • Engines
  • Energy Resources & Svcs

IPSCIO Report Record List

Below you will find the records curated into this collection.  This summary includes the complete licensed property description so that you can review and determine if this collection covers the topics, technology or transaction type that is relevant for your needs.  The full report will include all relevant deal data such as the royalty base, agreement date, term description, royalty rates and other deal terms.  For reference, here is a sample of a full IPSCIO curated royalty rate report: Sample Report

IPSCIO Record ID: 2632

License Grant
Licensor granted Licensee an exclusive, worldwide, transferable right and license, with the right to grant sublicenses to manufacture, market and distribute the Rotapower engine for all applications except for aviation and use in ducted fans. In accordance with the Technology Development and License Agreement between Licensor and Licensee dated October 28, 1999, Licensor provides Licensee the personnel and facilities as required to adapt its Rotapower engine to applications where the potential exists for high volume production.
License Property
For five years following expiration of the initial royalty period, the licensee shall continue to make such royalty payments in connection with such sale or lease of Products but the royalty payments shall be reduced.
Field of Use
Rotapower engine for recreational and industrial applications include watercraft, snowmobiles, all terrain vehicles and stationary generators.

IPSCIO Record ID: 27722

License Grant
Licensors hereby grant an exclusive, worldwide, transferable right and license, with the right to grant sublicenses, to use, make, have made, manufacture, market, make Improvements on and otherwise commercialize and exploit in any manner the Intellectual Property for all uses other than uses within the Licensor's Exclusive Field of Use which is all uses related to aviation or ducted fan applications.
License Property
The Charge Cooled Patent shall mean any patent to issue on that certain patent application entitled 'Charge Cooled Rotary Engine.'

The products mean all rotapower engine products.

'Combination thermal barrier and wear coating for internal combustion engines', U.S. Patent # 5,413,887 May 9th, 1995 (Foreign Patents Pending)

'Charge Cooled Rotary Engine', U.S. Patent Pending

'Rotary Engine Having Enhanced Charge Cooling and Lubrication', U.S. Patent pending .

Gleason Production Trochiodal Grinder (Model #808, Serial #726207) o Two Gleason Rotor Slot Cutters (Model #604, Serial #s 718701/708202) o Gehring Production Trochiodal Hone (Model #KSSS500, Serial #720/2207) o Hurco CNC Machining Center (Model BMC 40, Serial #BL8 006119A) o Comet CNC Center Machining Center (Model VMC 520, Serial #3611197)

530cc Production Engine Inventory – All raw material, work in progress or finished goods which are listed in the Bill of Materials or can be used with the production 530cc series engine, located either at vendors, with the intent to return the articles to Moller International or on site at Moller International. The production engine is defined as engines which are assembled from cast housings, including the rotor housing and two end housings.

Production Tooling – core boxes and other tooling used for the manufacture of the components of the Infinite Machines 1300cc Engine

One Engine Test Dynamometer, Serial Number ZAG S3306/8 o Jetski – 1996 SeaDoo GSX equipped with the Infinite Machines 1300cc engine o Engine Display – static display of the twin rotor 1300cc engine

Field of Use
Licensors granted Licensee a license to manufacture, market and distribute the Rotapower engine for all applications except for aviation or use in ducted fans.

IPSCIO Record ID: 3183

License Grant
The Company consented to the assignment of their sublicensing Agreement with Well to Wire Energy, Inc. dated September 29, 1999 to the Canadian Licensee.

This subLicense Agreement exclusively Licenses within Canada, the use of the Coates Spherical Rotary Valve (CSRV) system technology for industrial engines to be fueled by natural gas to generate electrical power for the oil and gas industry.

License Property
The Company completed development of the prototypes in accordance with this Agreement at the end of 2007.

Additional provisions of the Canadian SubLicense Agreement are as follows

SubLicensee shall have the exclusive right to use, lease and sell electric power generators designed with the CSRV system technology within Canada.

SubLicensee will have a specified right of first refusal to market the electric power generators worldwide.

Upon commencement of the production and distribution of the electric power generators, the minimum annual number of generators to be purchased by SubLicensee in order to maintain exclusivity is 120.  

Until otherwise agreed between the parties, the price per generator shall be $159,000.  We have agreed to pass along to the Licensee savings we expect to realize from economies of scale inherent in high volume production of the CSRV units.

Field of Use
All Licensed rights under this subLicense Agreement related to the CSRV system technology will remain with the Company.  

Coates Spherical Rotary Valve system technology which is adaptable for use in piston-driven internal combustion engines of many types.

The CSRV system technology is designed to replace the intake and exhaust conventional “poppet valves” currently used in almost all piston-driven stationary, automotive, motorcycle and marine engines. Unlike conventional valves which protrude into the engine cylinder, the CSRV system technology utilizes spherical valves that rotate in a cavity formed between a two-piece cylinder head. The CSRV system technology utilizes only a small fraction of the moving parts in a conventional poppet valve assembly. As a result of the design improvements, management believes that CSRV Engines will last significantly longer and will require less lubrication over the life of the engine, as compared to conventional engines.

Disclaimer: The information gathered from RoyaltySource® database was sourced from the U.S. Securities and Exchange Commission EDGAR Filings and other public records. While we believe the sources to be reliable, this does not guarantee the accuracy or completeness of the information provided. Further, the information is supplied as general guidance and is not intended to represent or be a substitute for a detailed analysis or professional judgment. This information is for private use only and may not be resold or reproduced without permission.