Dayton, October 22, 2018: Wright Brothers Institute (WBI), along with the Air Force Research Laboratory’s (AFRL) 711th Human Performance Wing (HPW), will host the 2018 Bench-to-Business Showcase at 444 E. Second Street in Dayton on November 8, 2018 from 8:30-3:00. The focus of the event will be to demonstrate how scientists and engineers in AFRL/711th HPW have leveraged Technology Transfer and Transition (T3) processes to make a difference in their research, bolster the economy and impact the world.
As AFRL looks to bring exceptional technological capability to the Air Force, education and understanding of T3 processes are essential. These processes allow for partnerships, collaborations and the acquisition of new technologies. This is the second year for the event, which promises to showcase AFRL technologies that are in various stages of transfer and transition. The event is open to industry, academia, commercial businesses and community members, and aims to connect a variety of audiences with information about how they may participate in the Air Force T3 process. Attendees will be able to interact with scientists and engineers, legal experts and T3 representatives from AFRL and the 711th HPW.
Examples of T3 success stories are providing promise to Dayton’s economy. GlobalFlyte, a startup that provides superior incident response platform for first responders, was made possible with two AFRL technologies. SPGlobal, Inc., the systems engineering firm that licensed the technologies, invested $1.5M in the startup, which brought $640K back to AFRL. SPGlobal projects a total of 20 jobs by 2019 and a $100M valuation by 2023. Without T3 collaboration between the Air Force and industry, startups like GlobalFlyte wouldn’t exist.
Registration is free. Please visit https://zurl.co/rLQd to secure your tickets.
About Wright Brothers Institute
Wright Brothers Institute (WBI) is a cutting-edge innovation and technology commercialization center for the Air Force Research Laboratory, with facilities located just outside of WPAFB in Dayton, OH. We drive fast, agile innovation that enables successful technology development to solve the Air Force’s most complex challenges by leveraging resident experts, unique facilities, disruptive innovation processes and extensive networks. We leverage subject matter experts and intellectual property from AFRL and SBIR companies to unlock the right problem, connect to new partners and synchronize transition pathways through our commercialization partners.
To receive updates about future events at all Wright Brothers Institute locations, visit www.wbi-innovates.com. Follow Wright Brothers Institute on Twitter @wbiinnovates, on facebook @WBIInnovates and on LinkedIn at Wright Brothers Institute.
AFRL is the premier research lab of the United States Air Force. AFRL employs more than 5,700 researchers and scientists who execute a $5B annual budget on behalf of the USAF. AFRL spends more than $550 million in Ohio, with a majority going back into the Dayton Region. Approximately $12.5 million goes to Ohio academia, $260 million toward small business and the remainder going to the state industry. AFRL sponsors technology transfer programs that bolster the industrial base, creates jobs and fosters the next generation science and technology workforce by extending its technology outside the fence. It has contributed to significant advancements in modern communications, electronics, manufacturing, and medical research and products.