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Our EmTech Law Blog provides timely legal and business information on issues impacting companies developing or investing in new technologies, new companies, and new ideas.

 

 

From Idea to Invention to Intellectual Property: What Startups and Innovators Need to Know

On Thursday, June 11, 2020, Attorneys Justine Kasznica and Carl Ronald joined the Scott Institute’s Jay Whitacre and Anna Siefken for an informative discussion, “From Idea to Invention to Intellectual Property: What Startups and Innovators Need to Know.”  To view this discussion, click here.

Tagged:  Copyrights, Due Diligence, Innovation, Intellectual Property, Invention, Patents, Startups, Strategy, Technology, Trade Secret, Trademarks

Client Spotlight: Congratulations, Astrobotic!

An artist’s rendering of NASA’s VIPER rover, which will roam the Moon’s south pole looking for water ice.
(Source: NASA)
Today, we are thrilled to celebrate with Astrobotic Technology, Inc., a Pittsburgh-based space robotics and lunar transportation and logistics company, on receiving a $199.5 NASA award to send the NASA Volatiles Investigating Polar Exploration Rover (VIPER) to the lunar surface in 2023 to search for water-ice. Not only is this a historically significant mission, as it is the first “resource-mapping” mission of its kind, this is an amazing achievement for a company that that has worked tirelessly for 13 years to prove a new commercial space market. For more information, click here.

Our Emerging Technologies attorneys are fortunate to work with incredible innovators, entrepreneurs and visionaries pushing the frontiers of technology and industry. We love to showcase our clients, especially when they hit notable milestones that may be of interest to our entire Babst Calland EmTech family.

Our newly launched EmTech Blog will enable us to do more of these Client Spotlights, so stay tuned! If you would like your company to be featured, please send accomplishments or highlights to jkasznica@babstcalland.com.

Tagged:  Emerging Technology, Industry News, Innovation, NASA, Robotics, Technology

Emerging Technologies in a Time of Pandemic – Part II

Regulatory Challenges to Fully Utilizing Existing Technology On May 1st, Amazon Prime premiered Upload, the story of a software engineer whose consciousness is transferred to the cloud after his fully autonomous vehicle (AV) rear-ends another car. The accident takes place in 2033. By then, the show imagines, vehicles that drive themselves will be the default. We won’t spoil the ending. But, in the fictional 2033 only 13 years from now—the public is astounded when the vehicle is involved in a wreck. It is an entertaining take on the future. In reality, however, we’ve got a lot of regulations to update if autonomous vehicles (AVs) are going to play the role imagined in Upload. Read More.   

Tagged:  Autonomous Vehicles, COVID-19, Coronavirus, Drones, Efficiency, Emerging Technology, Industry News, Innovation, Mobility, Pandemic, Robotics, Tech Industry, Technology, Transportation

Emerging Technologies in a Time of Pandemic – Part I

Opportunities: Leveraging Technology to Meet New Demands Most of the world is staying home,  but businesses must still pay their bills.  In late April the federal government estimated the U.S. economy contracted by 4.8 percent in the first quarter of 2020, mostly due to the Coronavirus pandemic.  Because the real economic consequences  of social distancing  occurred in April, future numbers will likely be as bleak, if not worse. Yet, some businesses are taking bold steps, innovating in communications with their customers, and leveraging pre-existing tools to retool how their customers interact with the company and its product. Companies that never before offered delivery are experimenting with last mile logistics. Farms whose regular restaurant or hotel customers are closed due to public health orders are retooling their supply chains to supply local households. And companies that previously relied on face-to-face interactions are turning to virtual solutions to bring their product to market, even in a field like wine production—where taste is an essential part of the purchasing decision. These companies described here provide just a few examples of how creatively leveraging existing technologies can allow a company to maintain operations. Read More.

Tagged:  COVID-19, Commercial, Coronavirus, Corporate Law, Drones, Efficiency, Emerging, Emerging Technology, Industry News, Innovation, Last Mile Logistics, Logistics, Mobility, Pandemic, Regulations, Regulatory, Remote Learning, Robotics, Robots, Supply Chain, Tech Industry, Technology, Transportation, US DOT

Dealmakers: Managing Through Uncertainty

The COVID-19 crisis has revealed numerous legal issues that entrepreneurs and business leaders hadn’t faced before. Christian Farmakis, chairman of Babst Calland explains what c-suite executives should be thinking about, including giving a new level of scrutiny to contracts. Click here to listen. 

Tagged:  COVID-19, Commercial, Coronavirus, Corporate Law, Industry News

Babst Calland Lands 2024 Space Mission Legal Work for Astrobotic

Firm to Develop Legal/Commercial Framework for Payload Service for NASA’s Artemis Human Landing System Babst Calland today announced that under a recently announced NASA award, Astrobotic Technologies, Inc. (Astrobotic) has selected the firm to develop what could become the first-of-its-kind blueprint for commercial payload delivery to space for the Artemis human missions as well as future human-crewed space missions. Pittsburgh-based Astrobotic will be developing the commercial payload service for Dynetics (a Leidos subsidiary), one of three prime contractors (alongside SpaceX and Blue Origin) selected by NASA to design and build a commercial Human Landing System (HLS) and compete to build a privately-developed system to take the first woman and next man to the lunar surface in 2024 as part of the NASA Artemis program. Read More

Tagged:  Emerging Technology, Industry News, Innovation, Technology

How established companies can secure game-changing innovations

There is global consensus that large companies across various sectors need to innovate, be agile and anticipate new technologies, new markets and new demand cycles to stay competitive. “We are seeing a paradigmatic shift among large companies,” says Justine M. Kasznica, a shareholder at Babst Calland. “Not only are these companies seeking to attract a diverse and innovative workforce, they are pursuing business-optimizing innovation and solutions, which are often found outside their walls.” Smart Business spoke with Kasznica about how established companies are finding and taking control of technologies that set them up for a bright future. Read More.

Tagged:  Corporate Law, Due Diligence, Efficiency, Emerging Technology, Innovation, Intellectual Property

A. A. Moore Capito – Corporate Attorney

This is the third in a series of profiles featuring members of Babst Calland’s Emerging Technologies team of attorneys who provide business and legal representation on matters impacting companies developing or investing in new technologies and businesses. Moore Capito has been following the existing and new stimulus programs currently being offered. This is a time-sensitive opportunity to consider how these programs may apply to your business. Various programs are summarized here for your convenience. To schedule a private conversation to help you evaluate whether these programs are right for your company, contact Attorney Moore Capito at 304.552.8986 or mcapito@babstcalland.com. Read More. 

Tagged:  COVID-19, Corporate Law, Emerging Technology, Profile

Julie R. Domike – Environmental Attorney

This is the second in a series of profiles featuring members of Babst Calland’s Emerging Technologies team of attorneys who provide business and legal representation on matters impacting companies developing or investing in new technologies and businesses. We hope you enjoy meeting and getting to know our team. Read More. 

Tagged:  Emerging Technology, Profile

Treasury Issues Committee on Foreign Investment in the United States Review Rules

On January 17, 2020, the Treasury Department’s Office of Investment Security (Treasury) released two final rules requiring some foreign entities acquiring an interest in a US business with a national security nexus (Transaction Rule)[1] or real estate near air or sea ports or near US military installations (Real Estate Rule or, collectively, Rules)[2] to be approved by the Committee on Foreign Investment in the United States (CFIUS) before the transaction can be completed.  The Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA) required Treasury to expand the Transaction Rule—which previously required CFIUS review over only foreign investments that could result in foreign control of a US business—to include non-passive but non-controlling investments and to adopt the Real Estate Rule.[3] The Treasury implemented a version of the Transaction Rule under a 2018 interim final rule and through a pilot program requiring mandatory declarations of certain transactions involving investments by foreign entities in US businesses beginning November 10, 2018.[4]  On September 24, 2019, the Treasury issued notices of proposed rulemaking for the Transaction Rule[5] and the Real Estate Rule.[6]  The Transaction Rule replaced the pilot program beginning February 13, 2020.  The Real Estate Rule also took effect that day. Read More.

Tagged:  Corporate Law, Emerging Technology, Foreign Investment, Real Estate, Transactions