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The Home Office Centre for Applied Science and Technology (CAST) has made an agreement with Ploughshare Innovations to commercialise their intellectual property.
Ploughshare is the UK's leading defence and security technology transfer company with responsibility for the technology transfer of early stage research and Intellectual Property from the Ministry of Defence (MOD).
This new agreement gives Ploughshare access to inventions from CAST which will allow industry to secure licences and benefit from world leading technology developed by the Home Office. The initial phase has already begun with three technologies under evaluation for commercialisation.
James Kirby, Ploughshare CEO, commented:
"This work extends our reach into wider government and builds upon an agreement signed earlier this year to provide commercialisation services to the MOD Intellectual Property Rights Group, as well as our existing relationship with the Defence Science and Technology Laboratory (Dstl). We look forward to supporting CAST in helping it to exploit their intellectual property to benefit both the UK government and industry."
Andy Bell, Head of CAST, added:
"This agreement brings advantages to both CAST and its scientists by making our world-leading technologies more widely available and gives us the opportunity to further contribute to UK prosperity. It is also another demonstration of how we are already successfully working with Dstl ahead of CAST’s integration next year."
Ploughshare will incorporate the new technologies into its established approach to industry to develop commercial licensing arrangements and the creation of spin-out companies.
Notes to Editors
Ploughshare Innovations Limited
Ploughshare Innovations is the technology transfer organisation for the UK Ministry of Defence (MOD). It turns ‘swords into ploughshares’ by enabling businesses to gain access to defence and security technology developed by leading government laboratories. Ploughshare ensures Government technology is put to good use and benefits the UK, society as a whole, and humanity by applying innovative technology to improve people’s lives. Since its creation in 2005, the company has licensed 120 technologies and attracted £140 million of investment. Read more about Ploughshare.
Centre for Applied Science and Technology (CAST) and Defence Science and Technology Laboratory (Dstl)
The Centre for Applied Science and Technology (CAST) is the primary science and technology interface between Home Office ministers and policy makers, frontline delivery partners, and the suppliers of science and technology. It supports the full range of Home Office interests in policing and tackling crime, counter-terrorism, border security and controlling immigration.
In April 2018 all of the capabilities within CAST will be moving over to join Dstl as part of the Ministry of Defence. The Defence Science and Technology Laboratory (Dstl) works to apply cutting-edge science and technology (S&T) to keep UK Armed Forces, and the British people, protected from harm. Dstl is an Executive Agency of the MOD, run along commercial lines. It is one of the principal government organisations dedicated to S&T in the defence and security field, and works with a wide range of partners and suppliers in industry, in academia and overseas.
Contact: 01980 952361, 07884 732999 | firstname.lastname@example.org | @DefenceHQ @dstlmod