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NASA and USPTO agree to technology transfer
By Ferraiuoli LLC
The United States Patent and Trademark Office (USPTO) and the National Aeronautics and Space Administration’s (NASA) Space Technology Mission Directorate (STMD) announced a collaboration via a memorandum of understanding to promote and advance innovation through technology transfer and commercialization opportunities.
Under the agreement, the USPTO and STMD will issue a joint study focusing on intellectual property management alongside technology transfer best practices and lessons learned. Their research will also identify barriers to participating in tech transfer and how federal agencies and academic institutions can overcome them.
“The USPTO is committed to building a more inclusive innovation ecosystem through expanded technology transfer and commercialization opportunities for all,” said Derrick Brent, Acting Under Secretary of Commerce for Intellectual Property and Acting Director of the USPTO.
The collaboration combines both agencies’ strengths: the USPTO brings IP knowledge and expertise, while STMD is the recognized leader in innovative Federal technology transfer. Their work together will help equip the technology transfer community with the insight and best practices they need to bring their innovations to impact for the public good.
The five-year MOU will be evaluated annually to determine if modifications or expansions are needed, as well as plan future coordination.
Ferraiuoli LLC
Ferraiuoli LLC (FLLC) was founded in 2003 by the late Blas Ferraiuoli-Martínez, Eugenio Torres-Oyola and María Marchand-Sánchez. This group was then joined in 2004 by Fernando J. Rovira-Rullán, thus forming the founding core of FLLC. FLLC has grown exponentially since its founding from a law firm with three attorneys and a support staff of three to its current size of 54 attorneys with a support staff of 38. Also, FLLC has grown from initially being known as an intellectual property and corporate law boutique law firm to a multiservice law firm that handles most matters relevant to a business while continuing to earn praise for its leading intellectual property and corporate practices.
FLLC has been ranked as a leading law firm in Puerto Rico by the professional publication Chambers Latin America in intellectual property, corporate, bankruptcy, labor & employment, real estate, and tax law. Moreover, 17 FLLC partners have been ranked as leaders in their field by the same publication. 4 FLLC partners are ranked as leaders in Intellectual Property, no other firm has more than 2. This recognition in such a short period of time is a tribute to FLLC’s business model.
FLLC prides itself in doing its work faster and more cost-efficiently yet with the same quality as that of its main competitors. The founding name partners are available at all times to attend to client matters. Their work ethic sets the tone for the rest of the firm. FLLC’s founders’ goal has been steady from the outset: become one of the premier multiservice law firms in Puerto Rico.