Loyola University’s College of Business is partnering with NASA’s John C. Stennis Space Center in Hancock County, Mississippi, to commercialize a new technology patent, Loyola and NASA announced.
Students from Loyola’s Master of Business Administration program will review the center’s patented technologies and choose one to promote. Then, they will work with Stennis engineers to provide communications, marketing and business-planning strategies for that technology, starting in the spring.
The partnership is part of NASA’s Technology Transfer University initiative, which seeks to help business students use NASA intellectual property to spur economic development.
Loyola is one of a few schools in the United States to have signed a deal with NASA.
“This kind of effort is built on the understanding that NASA technology not only enables space exploration but impacts and benefits all areas of daily life,” Stennis Center Director Rick Gilbrech said. “We are proud to work with Loyola and look forward to a successful partnership.”
To read more about Loyola’s business programs, visit www.business.loyno.edu/mba/.