Fiscal Year 2017 was a record-breaking year at Missouri S&T in terms of technology transfer. Keith Strassner, director of technology transfer and economic development, noted four records for the department.
The records are:
- $540,396 received in royalty income (more than double the amount in 2013)
- $187,998 in royalties paid to inventors and authors
- $121,177 in royalty income returned to S&T departments (an increase of nearly $25,000 when compared to 2016, which was then a record-breaking year)
- 47 new invention disclosures, including five software disclosures