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Aerospace began in 1903 with the demonstration of powered, sustained flight by Wilbur and Orville Wright. Since then, the aerospace field has experienced impressive growth due to technological advancements. Today, flight vehicles are developed, researched, and manufactured by the aerospace industry. The global aerospace parts manufacturing market is worth $899.5 billion dollars in 2022 and is expected to reach $1233.2 billion dollars by 2030.

With numerous commercial, industrial, and military applications, aerospace activity is very diverse, and many companies contribute to the industry. Currently, the top aerospace companies include Boeing ($62.286 billion dollar revenue), Airbus ($61.697 billion dollar revenue), and Lockheed Martin ($67.044 billion dollar revenue). In addition, between 2019 and 2021, the amount of venture capital funding for American aerospace and defense startups tripled, reaching $10 billion dollars.Aerospace experiences constant activity; the total number of passengers carried was 4.5 billion in 2019. By 2036, the International Air Transport Association (IATA) predicts that global passenger numbers will reach 7.8 billion. To meet that demand, the aviation industry continues to increase output. Airbus announced in 2018 that about 37,400 new aircraft are required over the next 20 years.Furthermore, the space sector of aerospace proves to be an innovative and constantly growing area. In the past 10 years, there were $177.7 billion dollars in investments spread across 1,343 unique space companies. Among the top companies in this sector, SpaceX ($2 billion dollar revenue) launched 31 Falcon 9 rockets in 2021, breaking its record for the number of missions completed in a year.Today, there are over 9,000 aerospace companies that are receiving massive growth in revenue each year. Campuses need to reach out and form innovation partnerships with these companies in order to stay competitive. FirstIgnite can help your university identify and partner with the specific companies you need to further your research and development in the aerospace industry.

Electronic devices and equipment require semiconductors to regulate electric current flow. As technology advances, more and more semiconductors need to be manufactured. The global semiconductor market is worth $456.79 billion dollars in 2022 and is expected to reach $772.03 billion dollars by 2030.There are countless applications for semiconductors, including communication systems, computing, healthcare, military systems, transportation, renewable energy, etc. Currently, the top semiconductor companies include Qualcomm ($44.2 billion dollar revenue), Nvidia ($26.914 billion dollar revenue), and NXP Semiconductors ($11.063 billion dollar revenue).

The semiconductor industry is growing at a rapid rate, increasing from the $335.2 billion dollar market size in 2015 and will grow to over $772 billion by the end of the decade. Around 1.14 trillion semiconductor chips were sold worldwide in 2021, which is about 140 chips for every person on the planet, or 130 million per hour. Semiconductor companies are finding it difficult to keep up with the high demand. Venture investment in semiconductor startups reached $2.6 billion dollars across 75 companies in 2021.Today, there are over 5,000 semiconductor companies that collectively will have over $300 billion new dollars to spend every year over the next 10 years. Reaching out and connecting with them in order to form innovation partnerships is crucial for your campus. FirstIgnite can help your university identify and partner with the semiconductor companies you need to further your research and development in the semiconductor industry.

Did you know that two university engineers invented the first spreadsheet? Dan Bricklin and Bob Frankston developed the computer program that changed the way we organize data.

Prior to the invention of spreadsheets, data was organized, analyzed, and manipulated by hand. This method took more time and accounted for more errors. In 1979, Bricklin, while obtaining his master’s degree from Harvard University, and Frankston developed the first spreadsheet. Bricklin and Frankston had previously worked together at MIT and used a rented computer at the university to create the spreadsheet. They called this program VisiCalc, and it was programmed for the Apple II computer. The program was a success and marked the beginning of businesses purchasing the Apple II for the software. The two inventors established an entire category with the invention of VisiCalc, an impressive achievement born out of university innovation.

After the invention of VisiCalc, many more advanced spreadsheet programs surfaced, such as the program from the company Consumers Software, which was acquired by Microsoft and is the basis for Microsoft Excel. Today, Microsoft Excel is the top spreadsheet software, which has 1.1 billion users. VisiCalc paved the way for this program which is now considered essential for many businesses. As of 2022, the U.S. office software market is worth $24.7 billion dollars and is expected to reach $37.4 billion dollars by 2028. The spreadsheet software market captured the largest market share in this category.

University innovation has the ability to change the world. Your organization needs to be aware of innovations emerging on campuses all over the world in order to remain competitive. FirstIgnite can help your organization identify and partner with the specific universities, laboratories, and experts you need in order to discover the next technological breakthrough, like the spreadsheet.

Data analytics is the science of analyzing raw data and drawing conclusions from that data. Despite the fact that data science isn't a new industry, it has developed considerably over the last few decades as technology has advanced. As of 2021, the data analytics market is worth $240.6 billion dollars and is expected to reach $655.53 billion dollars by 2029.The four main types of data analysis are predictive, descriptive, prescriptive, and diagnostic, which is why data analytics companies are essential. Currently, some of the top data analytics companies include Accenture ($61.594 billion dollar revenue), Oracle ($42.44 billion dollar revenue), and Tableau ($1.2 billion dollar revenue). In addition, healthcare data analytics companies alone raised $1.8 billion in venture capital funding in 2020.Some of the benefits of data analytics include improved efficiency, enhanced customer experience, and more effective decision-making. Thus, companies understand the importance of data analytics, with spending in the category being around $187 billion dollars.The number of data analytics companies has risen to more than 7,000, so now is a great time to connect with them. FirstIgnite can help your university identify and partner with the specific companies you need to further your research and development in cybersecurity.

FirstIgnite is supporting the commercialization of Florida International University’s new one-step filling process for carbon nanotubes. The benefits of this process include that it can be scaled up, yields high purity filled carbon nanotubes (CNTs), can encapsulate metal-sulfide nanowires of up to 30 micrometers or more in length, the filling rate and ratio, as well as the length and average diameter can be controlled, the CNTs are directly grown on the carbon-based substrate, no glue or binder are needed, and the CNTs have excellent lithium storage capability.This technology is applicable to lithium-ion batteries (LIBs), sodium-ion batteries (SIBS), and nano breakers for electronic devices. As of 2022, the global lithium-ion battery market is worth $48.19 billion and is expected to reach $182.53 billion by 2030. Florida International University's one-step filling process for carbon nanotubes is ready for collaboration, and they are looking for industry feedback on their research and potential future collaboration (licensing, partnerships, industry feedback, etc.). Is your company the right fit? If you’d be available for a conversation with the Florida International University team, you can schedule a time directly on their team’s calendar here.

FirstIgnite is supporting the commercialization of Florida International University’s new technology involving silver complexes to treat infections. This technology is effective against drug resistant bacterial strains, attenuates infection without the creation of resistant bacteria or adverse effects, and provides slow release of bioactive silver.This technology is applicable to creams/patches/bandages to treat burn wounds and other skin infections, the treatment and prevention of infections caused by multidrug resistant Gram-positive, Gram-negative, fungal, and viral infections, and surface treatment of surgical instruments, medical and healthcare devices, and food processing. As of 2022, the global burn care market is worth $2.4 billion and is expected to grow to $4.2 billion by 2030.Florida International University’s new technology involving silver complexes to treat infections is ready for commercialization, and they are looking for industry feedback on their research and potential future collaboration (licensing, partnerships, industry feedback, etc.). Is your company the right fit? If you’d be available for a conversation with the Florida International University team, you can schedule a time directly on their team’s calendar here.

The University of Michigan’s Life Sciences Institute (LSI) has partnered with FirstIgnite to find industry collaboration for their Natural Products Discovery Core. The Natural Products Discovery Core holds an extensive library of 45,000 (and growing) natural product extracts derived from diverse marine and terrestrial actinomycetes, fungi, and cyanobacteria.Through the core, researchers at U-M and external partners can develop unique, bioactive, patentable small molecules from candidates identified through high-throughput screening. Some of the core’s research projects include natural product discovery to identify inhibitors of eIF4E, discovering novel therapeutics for treating fibrotic disease, and the discovery of STING agonists for cancer immunotherapy. Research conducted by the LSI gives the University of Michigan a competitive advantage. Would your company like to be an affiliate? If you are interested in a conversation with the University of Michigan LSI team, you can schedule a time directly on their team’s calendar here.

Did you know that a Georgetown University surgeon invented the first artificial heart valve? Dr. Charles Hufnagel created the device that has saved many lives.Prior to the invention of artificial heart valves, there was no way to replace heart valves that did not work properly. In 1952, while working at Georgetown, Hufnagel developed the first artificial heart valve. This first prosthetic valve was successfully used in patients, which is especially important because it was the first functional artificial body part that was able to move. This invention paved the way for prosthetic body parts.As of 2021, the prosthetic heart valve market in North America is worth $6.6 billion dollars, and is expected to reach $13.3 billion dollars by 2028. This growth is attributed to an increasing number of people needing prosthetic heart valves to replace heart valves that have become impaired with age or by certain diseases or congenital abnormalities. Currently, the United States alone performs over 182,000 heart valve replacements each year. That is over 182,000 lives saved due to a Georgetown University innovation.

University innovation has the ability to change the world. To remain competitive, your organization needs to be aware of innovations being born on campuses around the world. FirstIgnite can help your organization identify and partner with the specific universities, laboratories, and experts you need in order to discover the next life-saving device, like the artificial heart valve.

The University of Missouri and Southern Illinois University systems have created and maintain an internal portal call Research Enabled for corporate use to communicate with their faculty and staff. The Research Enabled portal quickly connects companies to the wealth of expertise and resources at the seven campuses of that make up these university systems to address technical, business and other research needs of industry and organizations. The portal is meant to facilitate collaboration by breaking down barriers and providing easy access to thousands of researchers. Faculty expertise and interests are captured on the portal and matched with relevant industry opportunities. With such a multifaceted tool that can be utilized across disciplines between these universities, their teams made the decision to partner with FirstIgnite since the Autumn of 2021 to support a variety of industry initiatives. These activities have ensured that the Research Enabled portal has received interaction from hundreds of companies across a variety of industry fields.Marketing internal tools at universities is a difficult problem. From their situational usage to lack of available resources to support marketing activities, internal tools are often left behind in the myriad of activities that universities concentrate on when attempting to communicate themselves to a wider audience. FirstIgnite is able to supplement these activities at both a wide berth and with industry specificity, giving even the most idiosyncratic of internal projects and tools the chance to connect with hundreds of interested organizations. With as little as a keyword, FirstIgnite’s natural language processing (NLP) software is able to identify organizations that would be a perfect fit to communicate with for conversations with university staff regarding how collaboration may be possible.[caption id="attachment_4960" align="alignnone" width="1050"]

The Research Enabled platform is the place to go for any kind of faculty collaboration at the university systems of Missouri and Southern Illinois University.[/caption]By working with FirstIgnite in a long-form concentrated effort, the university teams have been able to speak with more than 120 companies regarding Research Enabled since their partnership began at the end of 2021. From areas as diverse as drones (PrecisionHawk) to radiopharmaceuticals (Clarity Pharmaceuticals), introductions made by FirstIgnite have led to Research Enabled’s usage and growth with industry.No matter the corporate engagement initiative, FirstIgnite’s services help to ensure that university teams are top of mind for industry as they consider their next project or collaborative effort. FirstIgnite has been able to build 800+ of these relationships since the beginning of 2022 for more than 65 schools across the United States, Canada, and the UK. It’s no wonder why the University of Missouri and Southern Illinois University systems are continuing to place their trust in FirstIgnite’s processes for Research Enabled’s growth for a third year in a row.

FirstIgnite is supporting the commercialization of the University of California Davis’s new technology for the relief of chronic and/or severe pain. The benefits of this technology are the optimization of wild-type ProTx-II peptide selectivity and potency and a non-addictive alternative to opioid analgesics.This technology can be applied to the relief of chronic and/or severe pain in humans. As of 2021, the U.S. pain management therapeutics market is worth $6.75 billion and is expected to reach $12.55 billion by 2028. The University of California Davis’s technology for the relief of chronic and/or severe pain is ready for collaboration, and they are looking for industry feedback on their research and potential future collaboration (licensing, partnerships, industry feedback, etc.). Is your company the right fit? If you’d be available for a conversation with the University of California Davis team, you can schedule a time directly on their team’s calendar here.

The Growing Remote Patient Monitoring Market: A Lucrative Healthcare SectorThe remote patient monitoring market size is witnessing a significant expansion in healthcare, presenting numerous growth opportunities. Do your campus' current offerings align with the needs and the growing remote patient monitoring market? In this article, our team will delve into why universities should prioritize forging partnerships in this growing healthcare industry.Evolution and Expansion of Remote Patient MonitoringThe inception of remote patient monitoring systems dates back to the 1970s when Kaiser Foundation International collaborated with Lockheed Missiles and Space Company to develop an innovative patient monitoring system, particularly for underserved rural areas. Since then, the healthcare industry has witnessed a tremendous expansion in the use of these systems.Market Insights and ProjectionsWith the market size being worth $14 billion dollars as of 2023 and is projected to reach $41.7 billion dollars by 2030. Remote patient monitoring offers physicians a way to monitor patients who are not in the hospital and saves hospitals time, money, and resources. It allows hospitals and doctors to care for many patients.Thriving Market Landscape and Key PlayersBy 2024, it's projected that remote patient monitoring devices will be utilized by 30 million patients in the U.S., indicating a thriving market for these medical devices. Patient monitoring companies are crucial in supplying the required technology. Currently, the top remote patient monitoring companies, including Dexcom ($2.91 billion dollar revenue), Medtronic ($31.686 billion dollar revenue), and ResMed ($4.2 billion dollar revenue), are leading the way.Industry Investments and Government SupportIn Q1 of 2023, venture capital investing in healthcare IT, including remote patient monitoring increased from 451.3 million in Q4 of 2022 to $1.3 billion.Additionally, in 2022 The U.S. Department of Health and Human Services granted $55 million to 29 health centers in order to increase access to telehealth/remote patient monitoring to underserved populations.University Initiatives and Research AdvancementsUniversities are capitalizing on this pivotal research area in healthcare. The University of Mississippi Medical Center, a pioneer in remote patient monitoring, conducted a study demonstrating the effectiveness of patient monitoring among patients with hypertension. Moreover, the University of Pittsburgh Medical Center discovered that patient engagement soared to over 90% due to the implementation of virtual care and remote patient monitoring.Opportunities in the Landscape of Remote Patient MonitoringIn the U.S., there are over 6,500 medtech companies currently, with many of them offering remote patient monitoring technology. This is 6,500 unique opportunities for your campus to reach out and form a partnership for sponsored research, experiential learning, licensing, and more. FirstIgnite can help your university become a market leader in remote patient monitoring through enhancing your marketing efforts.

Fairleigh Dickinson University has teamed up with FirstIgnite to find corporate leaders, experiential learning opportunities, sponsorship and/or mentorship of Senior Capstone Projects through real-world projects and funding of materials, tools, and equipment needed for the projects, and of stipends for students and/or mentors, and collaboration in research, intellectual property, and product development for their Gildart Haase School of Computer Sciences and Engineering (GHSCSE).Home to top-notch researchers, authors, inventors, and consultants​, students of the GHSCSE are prepared for challenging careers in high-tech industries and for selective graduate school admissions. The school’s programs and initiatives have been recognized and supported by state and federal agencies, including the National Science Foundation.FirstIgnite is looking for companies to help accomplish their objectives through collaboration and project sponsorship. Is your company the right fit? If you are interested in a conversation with the Fairleigh Dickinson University team, you can schedule a time directly on their team’s calendar here.