Draper Announces License Option Agreement with B&H Licensing

CAMBRIDGE, MA & BERKELEY, CA—The Charles Stark Draper Laboratory, Inc., an engineering innovation company, announced an agreement through which B&H Licensing Inc., may exercise an option to license certain inventions relating to Draper’s PathScout technology as part of B&H’s efforts to develop and commercialize the technology.

“This agreement highlights the potential of our PathScout technology to equip drivers with a system to alert them to nearby pedestrians when it detects location and movement data emitted by their mobile phones,” said Eric Balles, director of transportation and energy at Draper. “We believe that PathScout can address the capability gap in systems intended to warn drivers of a potential collision between their vehicle and vulnerable road users based on cellphone signals.”

“Our potential collaboration with Draper will provide B&H with access to additional technology that may help further advance our pedestrian-to-vehicle collision avoidance portfolio,” said Bastien Beauchamp, CEO of B&H Licensing Inc. and !Important Safety Technologies.

Beauchamp added: “We are impressed by Draper’s early vision and demonstration of PathScout and are enthusiastic about further proving this vision with !Important Safety Technologies’ next demonstration in an occlusion scenario at the American Center for Mobility in Ann Arbor, Michigan. We see this agreement with Draper as a major step in the road toward that goal.”

Proprietary PathScout technology is derived from Draper’s autonomous systems capabilities that have demonstrated superior performance in autonomous platforms for space, air, ground, sea and undersea needs.

Under terms of the agreement, B&H will have the right to exercise an option to negotiate and enter into an exclusive license of Draper’s PathScout technology.