Arizona State University receives $1m grant from the US Department of Defence to create new tech transfer centre.

Arizona State University (ASU) is to create the Pracademic Centre of Excellence in Technology Transfer (PACE/T2) after receiving a $1m grant from the US Department of Defence (DOD).

The centre will be a collaboration between ASU’s tech transfer unit Arizona Technology Enterprises (AzTE), its Entrepreneurship and Innovation Group, Security and Defence Systems Initiative, and its ASU W.P. Carey School of Business.

The new centre will build on the DoD’s strategic objective of facilitating technology transfer from federal government laboratories.

Gordon McConnell, assistant vice president for the Entrepreneurship and Innovation Group at ASU and principal investigator on the grant, said: “This award is a testimony to the innovations in technology transfer and commercialization activities that are a core principle at ASU, and our ability to adapt these methodologies to other locations and institutions.”