IP Group, a UK-based commercialisation firm, is expanding its scope in the US. Its American subsidiary has announced a partnership with the US Department of Energy, setting up a pilot initiative dubbed FedImpact.
The firm already has partnerships in place with Princeton, Pennsylvania and Columbia universities.
FedImpact will focus on cleantech, life science, communications and robotics technologies at national laboratories in the US, beginning with the Pacific Northwest National Laboratory and the National Renewable Energy Laboratory for the pilot phase.
Alan Aubrey, chief executive at IP Group, said: “It is extremely exciting to have this opportunity to establish the FedImpact partnership and work with these leading Department of Energy laboratories. We believe the long-term partnership model that IP Group has pioneered is a particularly good fit for these institutions and we look forward to working with them.”
