The Office of the Vice President for Research at Wayne State University announced the finalization of a license agreement with a new start-up company, Detroit Materials, Inc., for a Wayne State University patented portfolio of high-strength low-alloy steels and cast irons for demanding applications in the defense, off-highway, tooling and automotive industries. A team of researchers led by Susil Putatunda, professor of chemical engineering in Wayne State University's College of Engineering, have been working to create advanced materials with high-yield strength, fracture toughness and ductility. "I am excited about the launch of Detroit Materials and the many opportunities that this new company will have to advance industries utilizing high strength steel," said Hilary Ratner, vice president for research at Wayne State University. "We have begun to reap the benefits of the changes that we've put in place in technology commercialization over the last several years, and the translation of Dr. Putatunda's research into the marketplace is just one example of the great things happening at Wayne State University."

http://phys.org/wire-news/163165405/wayne-state-university-licenses-technology-to-new-start-up-detro.html
http://www.modeldmedia.com/startupnews/detroitmaterialsWSU060314.aspx
http://www.azom.com/news.aspx?newsID=41407