Delta Gold says Penn State files three quantum-related patent applications under sponsored research deal
- Delta Gold Technologies said Penn State filed three international patent applications tied to its sponsored research program.
- Delta expects to add the applications to its IP portfolio, including one under an exclusive license subject to university and government rights.
- The applications cover gold-based solid-state materials for quantum sensing, computing, and information processing.
- Any commercialization would carry a 1% royalty on sales above $20 million under the research agreement terms.
- Delta expanded its Penn State research sponsorship to $6 million over up to six years from $3 million over three years.
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