During the course of launch vehicle developments, many technologies are spun off. Based on ISRO’s mandate for technology transfer, VSSC has made it a policy to involve Industry to commercialise matured technologies that may find commercial or societal applications. In such transfer of technologies, the Centre also keeps an option to buyback products so developed, wherever found feasible and necessary. Transfer of Technologies (ToT) is effected by granting a non-exclusive, revocable license to third parties enabling them to use the technology commercially. The intellectual property rights are kept with VSSC.
Licensees are identified based on their core competency, resources and facilities available and also taking into account the business networks, production and marketing capabilities.
For more details visit http://isro.gov.in/isro-technology-transfer/technology-offers