The University of Houston (UH) executed two license agreements with SuperPower, a wholly-owned subsidiary of Royal Philips Electronics. One agreement covers the intellectual property on second generation (2G) high temperature superconductor (HTS) wire that is developed under the Sponsored Research Agreement (SRA) previously executed between the two parties. This sponsored research program is led by Venkat Selvamanickam, M.D. Anderson chair professor of mechanical engineering and the director of the Applied Research Hub of the Texas Center for Superconductivity at the University of Houston (TCSUH). The second agreement covers the fundamental composition of matter patent of high temperature superconductor that was discovered by Paul Chu in 1987 at the University of Houston.
"For the past several years we have partnered closely with the Texas Center for Superconductivity and the University of Houston on our wire development efforts. The execution of both the Sponsored Research Portfolio License Agreement and the Chu Patent License Agreement with the university enables SuperPower to continue to advance in the development of world-class 2G HTS wire for a broad range of applications by providing rights to the basis intellectual property in the field," said Arthur P. Kazanjian, general manager of SuperPower. "The SRA, in particular, further binds the already strong relationship between SuperPower and the university that began when Dr. Selvamanickam joined the university in 2008 and moved from being SuperPower vice president and chief technology officer to the role of chief technology advisor."
Grard van Spaendonck, senior vice president and chief financial officer, Imaging Systems, Philips Healthcare, added, "the protection afforded SuperPower through these agreements will cover the ongoing SRA development work of SuperPower scientists and university students and staff that is being led by Dr. Selvamanickam. In our drive to get the product into a s
|Contact: Melissa Carroll|
University of Houston