"This is a big step for us," said Bill Burns, co-founder and executive director of M Ship Co. "Despite numerous challenges to our patent application, we are now protected in Europe and it strengthens our position worldwide. We are now negotiating with European partners to design and build boats for the recreational market."
Under the terms of the agreement with SPAWAR, M Ship and SPAWAR will share information as it relates to the development of M Ship's proprietary M-hull technology for unmanned surface vehicle applications.
The patented M-hull technology is available only from M Ship Co., LLC., through licensing or construction agreements. The technology or specific vessel designs may be purchased by government and military agencies from M Ship Co. under sole-source acquisition contracts.
About M Ship Co.
M Ship Co., LLC, is an award-winning maritime design firm formed to develop the innovative M-hull® technology. M Ship creates and develops transformational solutions for the maritime industry by applying creative design and physical science with talented people in a work environment that inspires innovation, integrity, respect and responsibility. For more information, visit www.mshipco.com.