Strategic Energy Resources (ASX:SER) has entered into an exclusive worldwide licence to commercialise graphene membrane for separation Intellectual Property generated by Monash University associate professor Mainak Majumder.
The IP generated by this project is captured under a Provisional Patent application-2014904644, titled ‘Graphene oxide membranes and methods related thereto’.
It was developed under its second Australian Research Council grant with Monash University.
CSIRO and the University of Kentucky are collaborating partners in this research.
The licence has been granted on the following material terms:
- Strategic’s wholly-owned subsidiary Ionic Industries has full rights to exploit and commercialise the IP, including by direct sale or by sublicensing, within the field of energy storage and capacitor materials, and devices from indigenous natural graphite;
- The licence is transferable by Ionic, subject to the consent of Monash (which is not to be unreasonably withheld); and
- If Ionic is successful in commercialising the IP and generates direct revenue or sub-licensing revenue, it will pay Monash a royalty on the gross revenue of direct sales and a percentage of any sub-licensing income.
The company is moving to demerge Ionic as a pure technology company.
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