SAN DIEGO--Twelve-year-old Patriot Scientific Corp. here has decided to focus on development of Java-specific microprocessors and sell its patented gas plasma antenna (GPA) technology to an investment group. ASI of Henderson, Nev., will take over the commercial development of the technology, which uses ionized gas as an antenna to receive and transmit radio frequency signals.
"This permits us to focus on commercialization of the PSC1000, our Java-specific microprocessor to meet the needs of the emerging embedded Java applications market," said Jim Lunney, president and chief executive officer of Patriot Scientific, which was originally founded in the late 1980s to pursue ground penetrating radar technology.
Under the agreement, Patriot Scientific retains all rights to its patented ground penetrating radar technology. ASI has agreed to pay the San Diego company $250,000 and an additional 5% royalty payment once it makes the GPA technology commercially viable and starts selling products.