Montana University System Board of Regents Awards License Contract to Coincident Systems Llc (July 2026)

The Montana Board of Regents approved Montana State University to enter into licensing agreements and other contractual arrangements with Coincident Systems, LLC for university-developed intellectual property used in rural healthcare coordination. The resolution enables MSU employees involved with the company to hold equity interests and advisory roles while commercializing the SAFE TRAILS and Kairos technologies.

Scope & details

The full contract record, as filed.

Contract type

LICENSE

Renewal

License Agreements and possible future licenses under Option Agreements are contingent on BOR 407 approval; specific renewal or extension terms are not described.

Document type

Resolution

Source document

Montana Board of Regents of Higher Education Resolution Request for Approval of University System/Employee Intellectual Property Joint Participation 2026-07-26

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Montana Board of Regents Agreement University System/Employee Intellectual Property Joint Participation 2026-07-26

PENDING

Montana University System Board of Regents, Montana10% equity in Coincident Systems LLC; reimbursement of all patent expenses; sublicensing royalties; dividends or exit-event payouts (amount undetermined)Jul 26, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the license contract by Montana University System Board of Regents?

Coincident Systems Llc was awarded this license contract by Montana University System Board of Regents, as recorded on July 26, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Montana Board of Regents of Higher Education Resolution Request for Approval of University System/Employee Intellectual Property Joint Participation 2026-07-26 (Resolution), dated July 26, 2026 from Montana University System Board of Regents. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Coincident Systems Llc hold?

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