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1 Craig A. Steffen Technology Transfer Program Lead Wright Brothers Institute August 20, 2014 Global Aerospace Innovation Center and Initial Deal.

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Presentation on theme: "1 Craig A. Steffen Technology Transfer Program Lead Wright Brothers Institute August 20, 2014 Global Aerospace Innovation Center and Initial Deal."— Presentation transcript:

1 1 Craig A. Steffen Technology Transfer Program Lead Wright Brothers Institute August 20, 2014 Global Aerospace Innovation Center and Initial Deal

2 I’m glad you asked … 2

3 Wright Brothers Institute “We Power Innovation”

4 AFRL-WBI Partnership Intermediary Agreement Wright Brothers Institute “An AFRL Innovation Institute”

5 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 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 Works Prototyping Center AFRL Center for Rapid Product Development University of Dayton Research Institute Center for UAV Exploitation Wright State Research Institute Partners Rapid Prototyping Projects Commander’s Challenge AFMC Open Innovation Pavilion

6 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

7 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 Partners AFRL ORTAs Dayton Development Coalition Dayton Defense Contractors Assoc. Ohio Edison Centers Ohio Third Frontier Program DOD PIA Network IP Mining Air Force Technology Transfer Assured Aerospace Fuels Research -- $700K in new business -- Facility reopened Commercial Use of AFRL Facilities Tech “Spin-In” and Cooperative Research

8 I’m glad you asked … 8

9 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 9

10 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 10

11 The Genesis Midwest Federal Laboratory Consortium Meeting held at Wright Brothers Institute in August

12 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 12

13 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 711 th HPW at AFRL 13

14 I’m glad you asked … 14

15 Moving Aerospace Technologies to New Markets 15

16 GAIC Mission Moving Aerospace Technologies to New Markets 16 Facilitate the rapid transfer of aerospace technologies developed by the Air Force Research Laboratory and its R&D partners to commercial products and markets.

17 Example 1: Wearable Sensors GAIC Opportunities $6B annual market by % annual growth Source: 2012 IMS Forecast 17 Moving Aerospace Technologies to New Markets

18 SRI WBI GAIC Team The GAIC Brings Together Critical Team Skills WBI – Neutral Team Facilitator & AFRL Broker SRI - User Needs Facilitator & Investor Broker DDC – Facilitate 3 rd Party Funding/Resources on a Project by Project Basis DDC Not Every Project Has 3 rd Party Funding

19 The GAIC Uses a Market-Driven, Hi-Velocity Commercialization Process Proven Process: -- Over 50+ new companies with market capitalization of over $20B -- 80% Success Rate

20 The GAIC Uses a Market-Driven, Hi-Velocity Commercialization Process League of Users Forums Value Creation Forums Innovation Workshops Tech Transfer Prototypes Business Planning Boot Camps

21 GAIC Accelerated Commercialization Process Phase 1 “Innovate” (6-12 Months) Phase 2 “Launch” (12 Months) BriefsTrials Implement Business Plan

22 Brings together Users Technology Companies Federal Laboratories Investors The GAIC Has Developed a Unique COLLABORATION MODEL GAIC Process

23 I’m glad you asked … 23

24 Potassium Low

25 eComm Mobile BrowserDesktop Website Cloud or Enterprise Android & iOS Workflow Analytics Data CoreSyte Sweat Sensor SensorMobile AppWebsite Open Design Easily Integrates

26 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

27 I’m glad you asked … 27

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29 Value Proposition for Federal Labs Moving Aerospace Technologies to New Markets 29 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

30 Value Proposition for Small Businesses Moving Aerospace Technologies to New Markets 30 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

31 Join the GAIC Network Moving Aerospace Technologies to New Markets 31 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.comteamGAIC.com No cost

32 Moving Aerospace Technologies to New Markets Craig A. Steffen Technology Transfer Program Lead Wright Brothers Institute Interested in learning more? Contact us. 32

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