Patent and Invention Help Forum

Space exploration

Nikica

Space exploration
« on: March 18, 2015, 05:36:02 AM »
Behind the funny subject name is a question about my patenting strategy.

I'm foreign and I have an idea for an apparatus based on physics research.

I plan to go for a provisional patent as a micro entity and find an investor (NASA, spaceX or similar).

The catch is that an investor would have to sign a non-disclosure agreement and companies researching in similar fields are reluctant to do so.
The deal I would offer is that if the investor is interested they pay for a full non provisional patent in my name and get rights to use it and develop it exclusively for a year.
If not, I search for another investor within running 12 months.

How does that sound?
Filing a non-provisional myself looks doable to me... Is there a template for a DIY NDA to NASA?

Brad

  • Patent Agent
  • *****
  • 1951
  • Owner of PatentFile, LLC
    • View Profile
    • Patent File
Re: Space exploration
« Reply #1 on: March 18, 2015, 11:42:52 AM »
In my experience many companies will not sign a NDA with the average person or inventor off the street.    A NDA should be created by an attorney who understands what you are trying to do and what you need to protect.  Here are some sample NDA agreements:   https://www.google.com/search?as_q=&as_epq=non-disclosure+agreement&as_oq=&as_eq=&as_nlo=&as_nhi=&lr=&cr=&as_qdr=all&as_sitesearch=&as_occt=any&safe=images&tbs=&as_filetype=doc&as_rights=&gws_rd=ssl
My free patent template: https://patentfile.org/free-provisional-patent-template/

Hire Me:  https://patentfile.org/packages/

Disclaimer: The information on this site is not legal advice and is not a substitute for an attorney or a law firm.  You should seek legal counsel for legal questions.

Re: Space exploration
« Reply #2 on: March 18, 2015, 05:00:55 PM »
thanks.

what would you say about my write up for a potential investor:

My offer would be:

- I sign up a provisional patent in the U.S. and a NDA with you.
- If the invention is indeed interesting you get a licence to use it and develop it without selling to third parties. The right for exclusiveness lasts a year, the ban to sell to third parties for as long as the patent is active.
- You pay just for legal costs of a full non-provisional patent in my name plus a bonus you see fit

If your technical department finds the invention faulty I offer it to another investor and you keep it confidential within 12 months the provisional patent application is active.
If you find it unuseful, I offer it to another investor and you keep it confidential within 12 months the provisional patent application is active.
If the invention is not eligible for a full non-provisional patent the agreement ends with you spending just for legal costs up to that point (patent searching, etc.).

Brad

  • Patent Agent
  • *****
  • 1951
  • Owner of PatentFile, LLC
    • View Profile
    • Patent File
Re: Space exploration
« Reply #3 on: March 19, 2015, 08:33:50 AM »
Yes that could work but:
1) You should hire a good attorney to write this agreement out clearly so that it makes sense,
2) In my experience unless you have a good reputation in the industry and the company/investor knows who you are it will be very hard to find a company or an investor to say "yes" to a deal like this.

My free patent template: https://patentfile.org/free-provisional-patent-template/

Hire Me:  https://patentfile.org/packages/

Disclaimer: The information on this site is not legal advice and is not a substitute for an attorney or a law firm.  You should seek legal counsel for legal questions.

 

Menu Editor Pro 1.0.2 | Copyright 2014, Matthew Kerle