Kerst: Gecko Materials pays Stanford 1% equity and 2.5% royalties
Capella Kerst · Stanford Engineer: Gecko-Inspired Space Velcro · Aug 21, 2024 · at 5:09
Capella Kerst, founder of Gecko Materials, explains the tech transfer and IP licensing terms negotiated with Stanford University to investors on The Pitch.
0:00 / 0:05exact quote · 5.1s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“So the GECO materials is one percent equity, 2.5% royalties.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Capella Kerst
Kerst: Gecko Materials raised an $8M seed round at a $26M valuation
“A pre-money evaluation of twenty six million for an eight million dollar round is what we landed at.”
Kerst: Gecko Materials cut adhesive production time from 48 hours to 15 minutes
“It would take over 48 hours to make one unit. Because of the invention and my patent, we can make it in under 15 minutes.”
Kerst: Gecko Materials deploys on the ISS and lands major enterprise clients
“We're currently on the International Space Station. Honda, Ford, Toyota, GE, Intel, Hyundai are just to name a few of our seven of our customers here on Earth.”
Kerst: Gecko Materials counts Honda, Ford, Toyota, GE, Intel, and Hyundai as customers
“Honda, Ford, Toyota, GE, Intel, Hyundai are just to name a few of our seven of our customers here on Earth.”
Kerst: Gecko Materials is on the ISS and under paid Space Force contract
“We've completed two Air Force and Space Force contracts, and we are on the International Space Station, and we're actually in now a standalone, it's not a grant, it's actually a contract in which they're paying with the Space Force right now.”