Brookhaven lab offers new tech for low price
Entrance to Brookhaven National Lab where a showcase is offering private licensing for the laboratory's latest technology for $1,000. Credit: Handout
Long Island investors, entrepreneurs and executives of some companies will get a first look on Monday at technologies developed at Brookhaven National Lab that the facility in Upton is making available for private licensing at the low-low option price of $1,000.
The Long Island Association's Accelerate Long Island committee -- a partnership of the region's largest research and educational institutions -- is holding a "showcase" at the lab early Monday to allow investors and others to take a look at Internet, manufacturing, electronics, agriculture, biotech and environmental remediation technologies.
The investors and others can buy an option on the technologies -- all of which are held under patents by the lab -- with the idea they will bring them to market. The cost of the option was reduced this past spring by the U.S. government, to $1,000, from about $50,000, in an effort to speed up commercialization of the technologies.
"The whole goal is how to commercialize" the technologies, Kevin Law, the LIA's president, said Friday. "The scientists are phenomenal in bringing [the technologies] to a certain level. But then you need the private sector." Law said six BNL patents will be showcased at the event.
BNL officials said today's event is a precursor to what will be a larger session this fall at which more technologies will be showcased.
Walter Copan, manager of BNL's office of technology commercialization and partnerships, said Monday's event will be only the beginning of a process to commercialize some of the lab's technology. "We want to give [investors] the chance to meet our people and ask questions," said Copan. He said actual deals are a way off.
Sen. Charles Schumer (D-N.Y.) is to keynote the fall session. Lab officials have said BNL has about 300 patents that it could sell to Long Island investors or companies.
The U.S. Energy Department said all 17 national labs, including BNL, are part of a program to commercialize technologies and have about 15,000 patents that could be sold.
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