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Alchemy Enterprises Options CalTech.(Alchemy Enterprises Ltd. acquires from California Institute of Technology)(Brief article)
Alchemy Enterprises, Ltd. has entered into an Option Agreement to acquire certain patent and technology license rights from California Institute of Technology. Cal Tech operates Jet Propulsion Laboratory. According to President and CEO Jonathan Read, in a license as agreed upon, Cal Tech will be issued 8% of Alchemy Common Stock, and will receive an annual fee.
NASA and Alchemy have been working jointly on a JPL Task Plan related to the development of its Mechanically Fed ...
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