Ohio startup commercializing Army Corps’ induction-heated asphalt patch

An upcycling materials company has finalized a license agreement with the U.S. Army Corps of Engineers on Thursday so it can develop a new asphalt patching technology.

The patent license transfers to Ohio-based startup necoTech the Corps’ intellectual property rights and technical knowledge on a new hot-mix asphalt patching material that allows maintenance crews to fix potholes in roads and runways faster than ever before.

Read the TechLink article

Steve Flaherty, founder and CEO of necoPlastics, one of the member companies at the Delaware Entrepreneurial Center.