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Economic Development Office

Tri-Cities Tech Business Update

November 2013 Issue

Commercial Licensing of Battery Technologies Receives National Honor

The licensing of a large-scale energy storage technology has earned Battelle a national commercialization award.  Battelle, the company that operates Pacific Northwest National Laboratory, and partner companies received a prestigious 2013 Deals of Distinction award from the Licensing Executives Society in September. The award, won for the industry-university government interface section, recognized the creativity in structuring multiple licenses to meet the unique business goals of each party. Parties in the deal included UniEnergy Technologies, LLC for a license to manufacture the battery devices, and Riverside Specialty Chemical for a license to the electrolyte. Past Deals of Distinction winners have included Microsoft, Boeing, Disney, Yale University, Massachusetts Institute of Technology, Pfizer, and the Mayo Clinic. Read more ...


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