LICENSEAPPROVED

New Jersey Institute of Technology Awards License Contract to Pfasolve Inc (July 2026)

The Board approved non-exclusive patent licenses to PFASolve, Inc. for seven NJIT-developed microfluidic and biosensor technologies that support its PFAS detection platform. PFASolve will pay a one-time $7,000 licensing fee and cover 10% of future patent costs, deferred for three years, for rights lasting the life of the patents.

Status
APPROVED
Document date
July 16, 2026
Contract type
LICENSE
Vendor
Pfasolve Inc
Agency
New Jersey Institute of Technology · NJ

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
One-time $1,000 per technology (total $7,000) plus 10% of all reasonable future patent costs deferred for three years
Contract type
LICENSE
Contract term
Non-exclusive patent licenses for the life of seven related patents and applications supporting NJIT ID 25-021
Renewal
Non-exclusive licenses extend for the life of the seven covered patents and provisional applications; no additional renewal provisions are specified beyond patent term.
Document type
AgendaPacket
Source document
New Jersey Institute of Technology Board of Trustees Public Session Meeting Agenda Packet 2026-07-16

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the license contract by New Jersey Institute of Technology?

Pfasolve Inc was awarded this license contract by New Jersey Institute of Technology, as recorded on July 16, 2026. The contract value is One-time $1,000 per technology (total $7,000) plus 10% of all reasonable future patent costs deferred for three years.

How much is the Pfasolve Inc contract with New Jersey Institute of Technology worth?

The Pfasolve Inc contract with New Jersey Institute of Technology is valued at One-time $1,000 per technology (total $7,000) plus 10% of all reasonable future patent costs deferred for three years, covering license work.

What type of contract is this?

This is a License contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in New Jersey Institute of Technology Board of Trustees Public Session Meeting Agenda Packet 2026-07-16 (AgendaPacket), dated July 16, 2026 from New Jersey Institute of Technology. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Pfasolve Inc hold?

Pfasolve Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Pfasolve Inc's profile

What is New Jersey Institute of Technology currently buying?

Explore New Jersey Institute of Technology's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View New Jersey Institute of Technology's profile

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