University Research Sponsorship Exclusive Licence
Location
University of Toronto, Canada
Type
Research Sponsorship Agreement
Investment
$3,000,000
Term
3 Years
Summary
Research Sponsorship Agreement includes funding requirements of CAD $3,000,000 over three years with the University of Toronto which secures the right to own an exclusive 100% licencing interest of any developed Intellectual Property (“IP”) under the research Agreement.
University Research Agreement
Location
The Pennsylvania State University, USA
Type
Research Sponsorship Agreement
Investment
$2,991,426
Term
3 Years
Summary
Delta Gold will sponsor a first year research programme estimated to be up to USD $997,142 which will be paid to Penn State on a cost reimbursement basis. The research will extend existing work on gold-based quantum technologies with the aim of generating valuable intellectual property. The total cost reimbursable contract is for up to USD $2,991,426 over three years.