ASU tech-transfer nonprofit has 'home run' potential

Translating research into real-world impact, Arizona Technology Enterprises had a banner year in 2012, announcing 239 new ASU-developed inventions, 105 applied patents – 26 of which were issued – and 80 technologies licensed to private enterprises.

AzTE is Arizona State University's independently operated nonprofit organization to support technology-transfer – bringing ASU-developed inventions to market – writes J. Craig Anderson, who highlighted the program's recent successes in a Feb. 5 news article in the Arizona Republic.

"Jet fuel made from algae, cheaper and longer-lasting rechargeable batteries, and a diagnostic tool to protect soldiers against bioterrorism are among the future commercial products being developed using intellectual property licensed from Arizona State University," writes Anderson.

Still, Anderson writes, Arizona Technology Enterprises has yet to hit a "home run" – however, CEO Augustine Cheng says AzTE has been successful in hitting a lot of singles and doubles.

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