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Craig A. SteffenTechnology Transfer Program LeadWright Brothers Institute

August 20, 2014

Global Aerospace Innovation Center and Initial Deal

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I’m glad you asked …

So What IS This WBI Of Which I Speak?

Wright Brothers Institute“We Power Innovation”

AFRL-W

BI Pa

rtner

ship

Inte

rmed

iary

Agree

men

t

Wright Brothers Institute“An AFRL Innovation Institute”

IDEA Lab

WBI - Innovation

Tools• Global literature search • Concept mapping• Functional analysis• Divergent Collaboration• Support to deep dive, blue sky

and collaboration forums• Open innovation/crowdsourcing

Collaborative Innovation Projects

Tec^Edge WorksPrototyping Center

• AFRL Center for Rapid Product Development• University of Dayton Research Institute

Center for UAV Exploitation• Wright State Research Institute

Partners

Rapid Prototyping ProjectsCommander’s Challenge AFMC

Open Innovation Pavilion

WBI - Collaboration

Tools

• Forums• Collaborative Facilitation • Collaborative Spaces• Virtual Collaboration (Go-to-

Meeting, VTC, etc.)

WBI

Neutral Facilitator

Tec^Edge Innovation and Collaboration Center

$6M Center for UAV Exploitation

Center for UAV Exploitation

• 17 WBI-led Collaboration Forums• 1,340 collaborative events between gov’t,

academia, industry, international

• 7 AFRL research teams• 53 visiting university researchers,

including international

$9M Center for High Performance Power Electronics

$5.5M Nano Bio Manufacturing Consortium $X Center for High Velocity Technology Commercialization

Technology Commercialization

WBI - Technology Transfer

Partners

• AFRL ORTAs• Dayton Development Coalition• Dayton Defense Contractors Assoc.• Ohio Edison Centers• Ohio Third Frontier Program• DOD PIA Network

IP Mining

Air Force

TechnologyTransfer

Assured Aerospace Fuels Research -- $700K in new business -- Facility reopened

Commercial Use of AFRL Facilities

Tech “Spin-In” and Cooperative Research

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I’m glad you asked …

So What IS This “Initial Deal” Of Which I Speak?

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The Need

• Elite performers require deeper knowledge about their bodies … in real-time

• If elite performers take action based on the real-time knowledge they receive, they will be able to perform better and longer

• Elite performers are willing to pay for this kind of actionable knowledge

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The Technologies

• Bio-Marker Sensor technology from AFRL• Micro-Fluidic technology from AFRL and The

University of Cincinnati (UC)• Flexible electronics technology from Averatek• Mobile app and cloud analytics technology

from Emitti• Manufacturing technology from BioOhio

members in the Dayton, Ohio Region

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The Genesis

• Midwest Federal Laboratory Consortium Meeting held at Wright Brothers Institute in August 2012.

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The Process (part 1)

• WBI becomes aware of AFRL Bio-Marker research during 2012 Midwest FLC meeting

• WBI joins with SRI International in 2013 to stand up the Global Aerospace Innovation Center (GAIC) in Dayton, Ohio

• AFRL and UC Co-Develop wearable sensor technology• AFRL assigns technology (with royalty provisions back to

AFRL) to UC and UC files patent applications• UC establishes Eccrine Systems as the entity to advance

the technology through Exclusive Channel Collaborations

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The Process (part 2)

• GAIC verifies and quantifies market needs through multiple “league of users” interactions

• GAIC stands up Joint Venture (JV) company called CoreSyte to go after Elite Performers markets

• GAIC negotiates license agreement with Eccrine Systems• CoreSyte secures Venture Capital (VC) funding

commitment• CoreSyte follows GAIC development commercialization

process• CoreSyte plans to negotiate CRADA relationship with 711th

HPW at AFRL

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I’m glad you asked …

So What IS This GAIC Of Which I Speak?

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Moving Aerospace Technologiesto New Markets

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GAIC MissionMoving Aerospace Technologies

to New Markets

Facilitate the rapid transfer of aerospace technologies developed by the Air Force Research Laboratory and its R&D partners to commercial products and markets.

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Example 1:Wearable Sensors

GAIC Opportunities

• $6B annual market by 2016• 35% annual growth

Source: 2012 IMS Forecast

Moving Aerospace Technologiesto New Markets

SRIWBI

GAICTeam

The GAIC Brings Together CriticalTeam Skills

• WBI – Neutral Team Facilitator & AFRL Broker• SRI - User Needs Facilitator & Investor Broker• DDC – Facilitate 3rd Party Funding/Resources

on a Project by Project Basis

DDC

Not Every Project Has 3rd Party Funding

The GAIC Uses a Market-Driven, Hi-VelocityCommercialization Process

Proven Process: -- Over 50+ new companies with market capitalization of over $20B -- 80% Success Rate

The GAIC Uses a Market-Driven, Hi-VelocityCommercialization Process

• League of Users Forums• Value Creation Forums

• Innovation Workshops• Tech Transfer• Prototypes

• Business Planning• Boot Camps

GAIC Accelerated Commercialization Process

Phase 1 “Innovate” (6-12 Months)

Phase 2 “Launch” (12 Months)

Briefs Trials

Implement Business Plan

Brings together• Users• Technology Companies• Federal Laboratories• Investors

The GAIC Has Developed a UniqueCOLLABORATION MODEL

GAIC Process

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I’m glad you asked …

So What IS This CoreSyte Of Which I Speak?

Potassium Low

eComm

Mobile Browser Desktop Website

Cloud or Enterprise

Android & iOS

WorkflowAnalytics

Data

CoreSyte Sweat SensorSensor Mobile App Website

Open Design Easily Integrates

Project Genesis• Bio/Nanotech Sweat Sensor Technology developed by AFRL (Dr Rajesh Naik, Dr Josh Hagen)

and UC (Dr Jason Heikenfeld)*• WBI identified tech transfer/commercialization opportunity

Phase 1: Innovation (9 Months – Nov 2013 to Jul 2014)• GAIC Identified Needs, Concept, CoreSyte JV Team, Strategic Investor• UC/AFRL Prototyping*• GAIC Facilitated UC/Eccrine Exclusive Channel Collaboration with CoreSyte JV Phase 2: Launch (12 Months Starting Aug 2014)• CoreSyte Joint Venture Launches

– SRI - System Integration– UC - Sweat Sensor Dev– Averatek – Product Engr & Supply Chain Mgt– DG Medical – Possible second source for Mfg**– EMITTI – Mobile Apps, Cloud Enterprise**

• Funded by Strategic Partner for Equity Stake – $2.5M– Investor Also Develops Channel Partners

• AFRL-JV CRADA facilitated by GAIC*• AFRL receives royalties from UC/Eccrine *

CoreSyte – Example of the GAIC Accelerated Commercialization Process and Collaboration Model

* = AFRL** = Commercial Small Businesses in the Dayton Region

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I’m glad you asked …

What Else is GAIC Doing?

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Value Proposition for Federal LabsMoving Aerospace Technologies

to New Markets

The GAIC provides… • Relationships that come together to solve problems, not pedal

technologies• In depth understanding of end-user NEEDS and price points• Connection to companies and other labs with complementary

IP and capabilities; suppliers; manufacturers • Facilitated access to prototyping and testing capabilities• A commercialization process with a track record 10X better

than industry standard• Access to License, CRADA and Royalty revenue to further your

research• Potential for COTS products to meet mission goals

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Value Proposition for Small BusinessesMoving Aerospace Technologies

to New Markets

The GAIC provides… • Proven partners and process to help you succeed• In depth understanding of new markets, including

international • Insight to federal lab, private sector & university technologies• Connection to companies with complementary IP and

capabilities; suppliers; manufacturers • Facilitated access to prototyping and testing capabilities• Objective review and optimization of business models• Go-to-market transition plans and “boot camps”• Potential for funding assistance• Venture networking

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Join the GAIC NetworkMoving Aerospace Technologies

to New Markets

Would your company like opportunities to team with the GAIC on fast paced, market-driven technology commercialization projects in human performance, emergency management, precision agriculture, energy or entertainment?

Register at teamGAIC.com

No cost

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Moving Aerospace Technologiesto New Markets

Craig A. SteffenTechnology Transfer Program LeadWright Brothers Institute937-424-8678craig.steffen@wbi-icc.com

Interested in learning more? Contact us.

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