0 060414.01 James Nichols Kennedy Space Center August 14, 2014 SE Federal Lab Consortium Partnering...

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1 060414.01 060414.01 James Nichols Kennedy Space Center August 14, 2014 SE Federal Lab Consortium Partnering with Rollins College Center for Advanced Entrepreneurship

Transcript of 0 060414.01 James Nichols Kennedy Space Center August 14, 2014 SE Federal Lab Consortium Partnering...

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James NicholsKennedy Space Center

August 14, 2014SE Federal Lab Consortium

Partnering with Rollins CollegeCenter for Advanced Entrepreneurship

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https://www.youtube.com/watch?v=FrjtnLhTeag

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Center for Advanced Entrepreneurship

– Located within the Crummer Graduate School of Business at Rollins College, Winter Park, Florida

– Established 2003– Offers practical experiences both in and out of the

classroom– Promotes successful entrepreneurship– Ranked in top 20 nationally by Entrepreneurship

magazine and Princeton Review

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Entrepreneurial Scholar of Distinction Program

• Goal– Provide select MBA students with immersive

entrepreneurial experience

• Program Details– Focus on early stages of entrepreneurial start up– Hands on practica with designated partners for

credit hours– Supervision by a member of Crummer faculty– Competitive selection process– ESD carries significant prestige and recognition for

students selected

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NASA and Rollins Connect

– KSC discussed approaching a local business school after seeing presentation at FLC Annual Meeting

– Contacted Rollins College President – Met with Executive Director of the Center for

Advanced Entrepreneurship and discussed a NASA commercialization planning program

– Space Act Agreement to proceed with program in the 2012 fall semester

– Worked with mentor professor and a NASA patented technology from the KSC portfolio

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Space Act Agreement

• NASA– Provide information on patented technologies– Brief students and professors on technologies– Answer follow-up questions throughout the term

• Rollins College– Professor will choose one technology per term– Students and professor will meet with innovator– Students will research markets and develop

commercialization plan– Present the final plan to NASA at end of term

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The Technology

• Inductive Linear Non-contact Position Sensor– Originally developed to monitor precise movements

of Orbiter windows inspection system– High accuracy and resolution of positions for motion

control applications– Small, inexpensive and provides absolute position– Can measure position down to 400 nanometers

over a total range of 200 microns

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The Technology

• KSC Commercialization Efforts– Assessment for commercial potential positive– Positive feedback from industry experts (sensor

manufacturers)– Filed non-provisional patent and marketed

technology to industry– Pursued license with a sensor manufacturer

identified in KSC’s commercial assessment over the course of one year

– Due to changes in budget company dropped interest

– Considered a good candidate for the Rollins program.

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The Rollins Team

• Four Rollins MBA Students– Business experience and real-world engineering

know-how– Knowledge of robotics and manufacturing– Market research reveals opportunities in many

fields• Medical robotics • 3D Printers• Missile guidance • Military applications

– Worked with NASA innovator to enhance capabilities of sensor (3D applications)

– Decided to form Juntura Group and apply for a license

– Developed prototype packages for potential manufacturers

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Juntura Group

– Company name derived from Spanish word that means “juncture”

– Incorporated in 2012 with headquarters in Winter Park, FL

– Currently developing three variations of non-contact position sensors for its product line

– Company already has made a commercial sale of its product• Florida Institute of Technology is incorporating the

sensor into a 3D bioplotter that prints human tissue

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Success

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The Future

• Post License Project– Fall Semester 2014– Work directly with licensee start-up– Review marketing materials– Research alternative markets– Present to Tech Transfer Team and Licensee