MSU Seeks Exclusive License Deal With Coincident Systems
Montana Board of Regents of Higher Education | State of MontanaState · Bozeman, MT- Disclosed value
- 10% equity in Coincident Systems LLC; reimbursement of all patent expenses; sublicensing royalties; dividends or exit-event payouts (amount undetermined)
- From agreement
- Document date
- Jul 26, 2026
The 30-second brief
Montana State University seeks Board of Regents approval for an exclusive 25-year license agreement with Coincident Systems LLC to commercialize the SAFE TRAILS SANE Dispatch Coordination Module and the Kairos Routing and Optimization Engine. The deal grants MSU 10% equity, sublicensing royalties, and reimbursement of patent expenses in exchange for licensing rights to the university-developed technology.
Coincident Systems LLC holds this license contract with Montana Board of Regents of Higher Education | State of Montana. Its other public contracts on record include work for Montana University System Board of Regents.
Term as filed: 25 years from the date of execution of the license agreement.
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Contract details
- Contract type
- License
- Amount
- 10% equity in Coincident Systems LLC; reimbursement of all patent expenses; sublicensing royalties; dividends or exit-event payouts (amount undetermined)
- Document date
- July 26, 2026
- Term
- 25 years from the date of execution of the license agreement
- Vendor
- Coincident Systems LLC
- Source document
- Montana Board of Regents Agreement University System/Employee Intellectual Property Joint Participation 2026-07-26 (Agreement)
Coincident Systems LLC's other public contracts
More Montana Board of Regents of Higher Education | State of Montana contracts
Questions about this contract
Who was awarded the license contract by Montana Board of Regents of Higher Education | State of Montana?
Coincident Systems LLC was awarded this license contract by Montana Board of Regents of Higher Education | State of Montana, as recorded on July 26, 2026. The contract value is 10% equity in Coincident Systems LLC; reimbursement of all patent expenses; sublicensing royalties; dividends or exit-event payouts (amount undetermined).
How much is the Coincident Systems LLC contract with Montana Board of Regents of Higher Education | State of Montana worth?
The Coincident Systems LLC contract with Montana Board of Regents of Higher Education | State of Montana is valued at 10% equity in Coincident Systems LLC; reimbursement of all patent expenses; sublicensing royalties; dividends or exit-event payouts (amount undetermined), covering license work.
What type of contract is this?
This is a License contract, documented as a agreement record.
Where was this contract approved?
This contract appears in Montana Board of Regents Agreement University System/Employee Intellectual Property Joint Participation 2026-07-26 (Agreement), dated July 26, 2026 from Montana Board of Regents of Higher Education | State of Montana. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Coincident Systems LLC hold?
Coincident Systems LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Montana Board of Regents of Higher Education | State of Montana currently buying?
Explore Montana Board of Regents of Higher Education | State of Montana's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.