Dec 11 2002
Simula have just completed their single up-front largest licensing transaction, successfully negotiating $750,000 for Cleargard™, a transparent polymer for use in helmets. They declined to name the other party involved for customer and competitive reasons.
Since 2000, Simula have been aggressively monetising their patent portfolio and have already licensed Cleargard to two other companies for corrective eyewear and sunglasses. Other areas where they are trying to license the technology range from architectural safety to electronic displays.
The latest license will be used in helmets in applications such as motorcycles, racecars and other helmet visors.
Military and defence applications are Simula’s core activities and they will retain the technology for use in these markets.
For more information on helmets, click here.