Company: INV
Filing Date: 2025-04-15
Form Type: S-1
Source: 0001628280-25-017890
Chunk: 87

Company: Innventure, Inc.
Filing Date: 2025-04-15
Form: S-1
Chunk 87
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The competition at the Innventure Company subsidiary level varies by company and by the markets they serve.

The examination of the competitive landscape is a key component of the DownSelect process. Innventure is focused

on building companies that have unique products that will transform industries. More detail on competition for both

AeroFlexx, Accelsius and Refinity are provided below in the business sections related to each company.

49

Intellectual Property

For an opportunity that meets all DownSelect criteria and for which Innventure enters into a contract to license

or acquire technology from an MNC or another technology innovator, Innventure focuses on acquiring commercial

control of the application of all IP related to the specific opportunity. Each such contract is unique is crafted to

address long-term value sharing among Innventure, the new Innventure Company, and the technology provider.

Such a contract typically involves Innventure or the new Innventure company acquiring or licensing the IP for use in

defined applications and geographies, and Innventure’s objective is to maintain maximum freedom to practice (with

unlimited access and control as the primary goal) across many applications, industries, markets, and geographies for

the new company which will be built around and, ideally, ultimately take ownership of the IP. In some cases,

Innventure will license IP instead of fully acquiring the rights, but the license must provide that Innventure and the

new company has sufficient exclusive access to practice and commercialize a technology solution defined by the IP

across the broadest set of applications, industries, markets, and geographies in order to meet Innventure’s goals.

Also in selected cases, Innventure may agree to a limited number of applications, industries, markets, and/or

geographies if the MNC or other technology innovator intends to use the IP in one or more existing business(es), and

Innventure often provides a grant-back license to practice the IP for its own business but not for sale or sharing with

other unaffiliated enterprises.

Since most opportunities are enabled by novel technology solutions, IP typically includes but is not limited to

invention disclosures, patent applications, granted patents, trademarks, trade secrets, institutional know how, process

and product prototypes, pilot and demonstration systems, process and product plans and designs, market data,

customer insights, customer and market testing and validation, field, and production data, related to the technology

solution. In selected cases, IP may relate to a business or service model innovation.

Each new Innventure Company, including Aero