craig a. steffen technology transfer program lead wright brothers institute august 20, 2014
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Global Aerospace Innovation Center and Initial Deal. Craig A. Steffen Technology Transfer Program Lead Wright Brothers Institute August 20, 2014. So What IS This WBI Of Which I Speak?. I’m glad you asked …. Wright Brothers Institute “We Power Innovation”. Wright Brothers Institute - PowerPoint PPT PresentationTRANSCRIPT
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Craig A. SteffenTechnology Transfer Program LeadWright Brothers Institute
August 20, 2014
Global Aerospace Innovation Center and Initial Deal
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I’m glad you asked …
So What IS This WBI Of Which I Speak?
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Wright Brothers Institute“We Power Innovation”
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AFRL-W
BI Pa
rtner
ship
Inte
rmed
iary
Agree
men
t
Wright Brothers Institute“An AFRL Innovation Institute”
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IDEA Lab
WBI - Innovation
Tools• Global literature search • Concept mapping• Functional analysis• Divergent Collaboration• Support to deep dive, blue sky
and collaboration forums• Open innovation/crowdsourcing
Collaborative Innovation Projects
Tec^Edge WorksPrototyping Center
• AFRL Center for Rapid Product Development• University of Dayton Research Institute
Center for UAV Exploitation• Wright State Research Institute
Partners
Rapid Prototyping ProjectsCommander’s Challenge AFMC
Open Innovation Pavilion
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WBI - Collaboration
Tools
• Forums• Collaborative Facilitation • Collaborative Spaces• Virtual Collaboration (Go-to-
Meeting, VTC, etc.)
WBI
Neutral Facilitator
Tec^Edge Innovation and Collaboration Center
$6M Center for UAV Exploitation
Center for UAV Exploitation
• 17 WBI-led Collaboration Forums• 1,340 collaborative events between gov’t,
academia, industry, international
• 7 AFRL research teams• 53 visiting university researchers,
including international
$9M Center for High Performance Power Electronics
$5.5M Nano Bio Manufacturing Consortium $X Center for High Velocity Technology Commercialization
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Technology Commercialization
WBI - Technology Transfer
Partners
• AFRL ORTAs• Dayton Development Coalition• Dayton Defense Contractors Assoc.• Ohio Edison Centers• Ohio Third Frontier Program• DOD PIA Network
IP Mining
Air Force
TechnologyTransfer
Assured Aerospace Fuels Research -- $700K in new business -- Facility reopened
Commercial Use of AFRL Facilities
Tech “Spin-In” and Cooperative Research
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I’m glad you asked …
So What IS This “Initial Deal” Of Which I Speak?
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The Need
• Elite performers require deeper knowledge about their bodies … in real-time
• If elite performers take action based on the real-time knowledge they receive, they will be able to perform better and longer
• Elite performers are willing to pay for this kind of actionable knowledge
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The Technologies
• Bio-Marker Sensor technology from AFRL• Micro-Fluidic technology from AFRL and The
University of Cincinnati (UC)• Flexible electronics technology from Averatek• Mobile app and cloud analytics technology
from Emitti• Manufacturing technology from BioOhio
members in the Dayton, Ohio Region
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The Genesis
• Midwest Federal Laboratory Consortium Meeting held at Wright Brothers Institute in August 2012.
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The Process (part 1)
• WBI becomes aware of AFRL Bio-Marker research during 2012 Midwest FLC meeting
• WBI joins with SRI International in 2013 to stand up the Global Aerospace Innovation Center (GAIC) in Dayton, Ohio
• AFRL and UC Co-Develop wearable sensor technology• AFRL assigns technology (with royalty provisions back to
AFRL) to UC and UC files patent applications• UC establishes Eccrine Systems as the entity to advance
the technology through Exclusive Channel Collaborations
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The Process (part 2)
• GAIC verifies and quantifies market needs through multiple “league of users” interactions
• GAIC stands up Joint Venture (JV) company called CoreSyte to go after Elite Performers markets
• GAIC negotiates license agreement with Eccrine Systems• CoreSyte secures Venture Capital (VC) funding
commitment• CoreSyte follows GAIC development commercialization
process• CoreSyte plans to negotiate CRADA relationship with 711th
HPW at AFRL
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I’m glad you asked …
So What IS This GAIC Of Which I Speak?
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Moving Aerospace Technologiesto New Markets
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GAIC MissionMoving Aerospace Technologies
to New Markets
Facilitate the rapid transfer of aerospace technologies developed by the Air Force Research Laboratory and its R&D partners to commercial products and markets.
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Example 1:Wearable Sensors
GAIC Opportunities
• $6B annual market by 2016• 35% annual growth
Source: 2012 IMS Forecast
Moving Aerospace Technologiesto New Markets
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SRIWBI
GAICTeam
The GAIC Brings Together CriticalTeam Skills
• WBI – Neutral Team Facilitator & AFRL Broker• SRI - User Needs Facilitator & Investor Broker• DDC – Facilitate 3rd Party Funding/Resources
on a Project by Project Basis
DDC
Not Every Project Has 3rd Party Funding
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The GAIC Uses a Market-Driven, Hi-VelocityCommercialization Process
Proven Process: -- Over 50+ new companies with market capitalization of over $20B -- 80% Success Rate
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The GAIC Uses a Market-Driven, Hi-VelocityCommercialization Process
• League of Users Forums• Value Creation Forums
• Innovation Workshops• Tech Transfer• Prototypes
• Business Planning• Boot Camps
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GAIC Accelerated Commercialization Process
Phase 1 “Innovate” (6-12 Months)
Phase 2 “Launch” (12 Months)
Briefs Trials
Implement Business Plan
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Brings together• Users• Technology Companies• Federal Laboratories• Investors
The GAIC Has Developed a UniqueCOLLABORATION MODEL
GAIC Process
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I’m glad you asked …
So What IS This CoreSyte Of Which I Speak?
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Potassium Low
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eComm
Mobile Browser Desktop Website
Cloud or Enterprise
Android & iOS
WorkflowAnalytics
Data
CoreSyte Sweat SensorSensor Mobile App Website
Open Design Easily Integrates
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Project Genesis• Bio/Nanotech Sweat Sensor Technology developed by AFRL (Dr Rajesh Naik, Dr Josh Hagen)
and UC (Dr Jason Heikenfeld)*• WBI identified tech transfer/commercialization opportunity
Phase 1: Innovation (9 Months – Nov 2013 to Jul 2014)• GAIC Identified Needs, Concept, CoreSyte JV Team, Strategic Investor• UC/AFRL Prototyping*• GAIC Facilitated UC/Eccrine Exclusive Channel Collaboration with CoreSyte JV Phase 2: Launch (12 Months Starting Aug 2014)• CoreSyte Joint Venture Launches
– SRI - System Integration– UC - Sweat Sensor Dev– Averatek – Product Engr & Supply Chain Mgt– DG Medical – Possible second source for Mfg**– EMITTI – Mobile Apps, Cloud Enterprise**
• Funded by Strategic Partner for Equity Stake – $2.5M– Investor Also Develops Channel Partners
• AFRL-JV CRADA facilitated by GAIC*• AFRL receives royalties from UC/Eccrine *
CoreSyte – Example of the GAIC Accelerated Commercialization Process and Collaboration Model
* = AFRL** = Commercial Small Businesses in the Dayton Region
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I’m glad you asked …
What Else is GAIC Doing?
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Value Proposition for Federal LabsMoving Aerospace Technologies
to New Markets
The GAIC provides… • Relationships that come together to solve problems, not pedal
technologies• In depth understanding of end-user NEEDS and price points• Connection to companies and other labs with complementary
IP and capabilities; suppliers; manufacturers • Facilitated access to prototyping and testing capabilities• A commercialization process with a track record 10X better
than industry standard• Access to License, CRADA and Royalty revenue to further your
research• Potential for COTS products to meet mission goals
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Value Proposition for Small BusinessesMoving Aerospace Technologies
to New Markets
The GAIC provides… • Proven partners and process to help you succeed• In depth understanding of new markets, including
international • Insight to federal lab, private sector & university technologies• Connection to companies with complementary IP and
capabilities; suppliers; manufacturers • Facilitated access to prototyping and testing capabilities• Objective review and optimization of business models• Go-to-market transition plans and “boot camps”• Potential for funding assistance• Venture networking
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Join the GAIC NetworkMoving Aerospace Technologies
to New Markets
Would your company like opportunities to team with the GAIC on fast paced, market-driven technology commercialization projects in human performance, emergency management, precision agriculture, energy or entertainment?
Register at teamGAIC.com
No cost
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Moving Aerospace Technologiesto New Markets
Craig A. SteffenTechnology Transfer Program LeadWright Brothers [email protected]
Interested in learning more? Contact us.
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