US-based Indiana University secures a collaborative research and development agreement with the Naval Surface Warfare Center, Crane Division.

US-based Indiana University has entered into a  collaborative research and development agreement with the Naval Surface Warfare Center, Crane Division.

Indiana University and IU Research and Technology Corp. are looking to identify both private sector and university collaborators to transfer technology to and from the Crane federal laboratory.

Indiana University president Michael A. McRobbie said: "This is an exceptional opportunity to promote entrepreneurship, product development and transfer through an agreement that recognizes the importance of collaboration in creative, scientific and technical discovery. As the largest employers in the region, IU and Crane make perfect partners as we continue to use our joint resources and expertise to grow economic development opportunities across Indiana."

Duane Embree, Crane technical director, said. "This new agreement will allow all parties to focus on the challenges and solutions of deriving the maximum benefit from a collaborative effort focused on developing emerging technology solutions for issues…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?