RocTool to sell license for aerospace applications

RocTool will auction an exclusive, worldwide license in the form of a "lump sum" valid for the duration of the patents, it will be granted following a single payment from the buyer with no royalties attached to the use of the patents.

The Exclusive License covers various Heat & Cool technologies, including 3iTech and Cage System, which enable high levels of productivity when working with composites and injection moulding: “The warm-up time is crucial when constantly changing the mold. With RocTool’s technologies, the molds optimum temperature is reached in less than 1 minute, not 2 hours!” said Alexandre Guichard, Chairman and CEO of RocTool.

RocTool launched a call for proposals with a selection of Aerospace leaders, notably constructers and manufacturers and has appointed an independent firm to organise the “tender” then select the best offer.

(IMA)

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