News: Lightbringer raises $10 million in Series A funding

What are SBIR patent rights?

Under the US Small Business Innovation Research (SBIR) programme, small businesses generally retain ownership of patents resulting from the funded research, subject to certain government use rights under the Bayh-Dole Act. Similar schemes elsewhere, such as the UK's Defence and Security Accelerator (DASA) or the European Defence Fund, attach their own IP conditions, so understanding the specific grant terms matters for startups relying on this funding.