GREY:XEBEQ - Post by User
Comment by
ZouZS3on Apr 16, 2022 6:04pm
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Post# 34607878
RE:RE:Atlas sequestration hub east of Edmonton
RE:RE:Atlas sequestration hub east of Edmonton
If it was advanced in 2012 imagine 10 years later. Grant back license agreement is entered into by parties because it creates a win-win situation for both parties. As a licensor, the party not only gets paid for licensing their patent but also has an opportunity to get their hands on an improved version of the same technology without spending any resources on their part. At the same time, this agreement eliminates the possibility of competition from a licensee. In 2012, Air Products announced it has acquired advanced adsorption technology assets for its Generated Gases product lines from Xebec. Terms of the deal also include a grant-back license to allow Xebec to continue to sell its systems, predominantly in the biogas, natural gas and associated gas purification markets.