other material
confidence high
sentiment positive
materiality 0.75
DarkPulse enters exclusive license for six Air Force patents in satellite power and laser tech
DarkPulse, Inc.
- Exclusive license from U.S. Air Force covers six issued patents in satellite power sharing, satellite comms, and laser generation.
- Initial license fee $15,000; running royalty 5% of non-Government gross revenues; minimum annual royalties $200k (yr2), $300k (yr3), $400k (yr4+).
- Company must pay patent maintenance fees and 25% of litigation recoveries to DAF; sublicenses require DAF approval.
- Must use best efforts to commercialize, with product rollout within 30 months; US manufacturing requirement for royalty-based products.
- Agreement runs until last patent expires or termination; DAF retains royalty-free government use rights.