Document:

<PAGE>

                               STRATEGIC ALLIANCE

This Strategic Alliance is made and effective this April 14th, 2000, by and
between UTEK CORPORATION, whose registered office is located at 202 South
Wheeler Street, Plant City, Florida 33566 and Sopartec whose registered office
is located at 4, Place de Science, BE-1348 Louvain-la-Neuve. Now, therefore,
both parties agree as follows:

1. Sopartec has been entrusted by the Universite Catholique de Louvain (UCL) to
manage the intellectual property of the University and to negotiate licenses on
behalf of the university. Sopartec seeks to develop an off-balance sheet vehicle
to bring the intellectual properties and technologies of UCL to the marketplace.
Sopartec's goal is to generate on-going royalties to enhance the UCL's research
capabilities and reward faculty whose patents are licensed, in addition to
developing sponsored research activities.

2. UTEK CORPORATION (UTEK) has the mission to build a bridge between
university-based technologies and publicly quoted companies that can rapidly
bring new products to the marketplace.

3. UTEK will review Sopartec specified existing technologies and new disclosures
to gauge the potential of the technologies for successful commercialization. The
results and conclusions from such evaluation will be communicated to Sopartec.
If a specific technology offered by Sopartec seems promising to UTEK, Sopartec
or the inventor will apply for a patent (if it does not already have one), with
UCL as the assignee. UTEK will receive a 12-month exclusive, royalty-free
license option for the technology for some or all fields of use in the United
States. UTEK would use its best efforts to find a corporate licensee or
otherwise commercialize the technology at terms acceptable to Sopartec. If UTEK
finds an acceptable licensee, the total amount of the royalties for the
technology will be paid directly by the licensee to Sopartec. If UTEK is unable
to find a licensee or corporate partner for the technology acceptable to
Sopartec by the end of the 12-month period, then all option rights to the
technology will revert back to Sopartec, unless both parties agree to extend the
option. In this case, Sopartec will be entitled to use the information obtained
from UTEK to find other partners or licensees. The defined Exclusive Option
Agreement is contained in Exhibit A. When Sopartec desires to have UTEK
merchandise a specific technology and UTEK agrees, both parties will execute a
copy of the Exclusive Option Agreement with the appropriate technology,
field-of-use, territory and term descriptions.

4. The term of this Strategic Alliance is for a period of five years, commencing
on the date above.

5. Either party may terminate this Agreement at any time with sixty days written
notice.

6. During the term of this Agreement, except as provided in article 3, neither
party shall disclose to anyone any confidential information obtained from the
other party. "Confidential Information" for the purposes of this Agreement shall
include proprietary and confidential information such as, but not limited to,
technology plans, research and development plans, designs, models, software,
product specifications, marketing plans, patent applications, disclosures and
new concepts.

     Confidential information shall not include any information that:
     A. Is disclosed without restriction.
     B. Becomes publicly available through no act of the recipient.
     C. Is rightfully received by either party from a third party.
     D. Is disseminated in publications.

If UTEK customers need to review UCL or Sopartec confidential information to
determine their interest in licensing a specific property, UTEK will have the
customer execute a Sopartec approved confidentiality and non-disclosure
agreement. A copy of the executed agreement will be provided to Sopartec.

7. This Agreement shall be governed by and be construed in accordance with the
laws of the State of Florida.

8. This Agreement constitutes the final understanding and agreement between the
parties with respect to the subject matter hereof and supersedes all prior
negotiations, understandings and agreements between the parties, whether written
or oral. This Agreement may be amended, supplemented or changed, only by an
Agreement in writing, signed by both of the parties.

9. Any notice to be given pursuant to this Agreement shall be in writing and
shall be hand delivered, mailed by certified mail, return receipt requested or
sent by overnight courier service as follows:
<TABLE>
<CAPTION>
<S>                                                           <C>
UTEK CORPORATION                                              SOPARTEC
202 South Wheeler Street, Plant City, Florida 33566           4, Place de Science, BE-1348 Louvain-la-Neuve
</TABLE>
10. If any term of this Agreement is held by a court of competent jurisdiction
to be invalid or unenforceable, then this Agreement, including all of the
remaining terms, will remain in full force and effect as if such invalid or
unenforceable term had never been included.

IN WITNESS WHEREOF, this Agreement has been executed by the Parties as of the
date first above written.
<TABLE>
<CAPTION>

UTEK CORPORATION                            SOPARTEC
<S>                                         <C>                                   <C>

---------------------------------           ------------------------------        -------------------------------
By: Clifford M. Gross, Ph.D., CEO           By: Dr. Gilles Capart, CEO            By: Anne-Marie Kumps, Director
</TABLE>

<PAGE>

                                    Exhibit A
                           Exclusive Option Agreement

This Exclusive Option Agreement, valid in the United States, is made and
effective this ________________, by and between UTEK CORPORATION (UTEK), whose
offices are located at 202 South Wheeler Street, Plant City, Florida 33566 and
Sopartec whose offices are located at 4, Place de Science, BE-1348
Louvain-la-Neuve. Now, therefore, both parties agree as follows:

1. Sopartec, acting on behalf of UCL, hereby grants to UTEK an exclusive option
   to license on an exclusive basis the following technology:

Technology Description
----------------------
<TABLE>
<CAPTION>
<S>                                                                    <C>                           <C>
Title:
------------------------------------------------------------------------------------------------------------------------------------

Patent #:                                                              Date Applied for:              Date Awarded:
------------------------------------------------------------------------------------------------------------------------------------

Patent Application #:                                                  Date Applied for:
------------------------------------------------------------------------------------------------------------------------------------

Inventors:
------------------------------------------------------------------------------------------------------------------------------------

Copyright: [yes / / or no / /] If yes then provide description:
                                                                       Date Applied for:
------------------------------------------------------------------------------------------------------------------------------------

Field of Use: All    [yes / / or no / /] If no then describe limited fields of use:

------------------------------------------------------------------------------------------------------------------------------------

Territory: World-wide   [yes / / or no / /] If no then describe limited territory:

------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

2. The term for this exclusive option is 12 months unless extended by agreement
   of both parties in writing.

3. During the term of this option, UTEK will use its best efforts to merchandise
   the above-described technology on terms acceptable to Sopartec. Sopartec may
   accept or reject, at its discretion, any offer presented by UTEK for the
   licensing of this technology.

4. During the term of this option, Sopartec will use its best efforts to provide
   UTEK with the information it requires to market the above-described
   technology.

5. This Agreement shall be governed by and be construed in accordance with the
   laws of the State of Florida.

6. This Agreement constitutes the final understanding and agreement between the
   parties with respect to the subject matter hereof and supersedes all prior
   negotiations, understandings and agreements between the parties, whether
   written or oral. This Agreement may be amended, supplemented or changed, only
   by an Agreement in writing, signed by both parties.

7. Any notice to be given pursuant to this Agreement shall be in writing and
   shall be hand delivered, mailed by certified mail, return receipt requested
   or sent by overnight courier service as follows:
<TABLE>
<CAPTION>
<S>                                                           <C>
UTEK CORPORATION                                              SOPARTEC
202 South Wheeler Street, Plant City, Florida 33566           4, Place de Science, BE-1348 Louvain-la-Neuve
</TABLE>
8. If any term of this Agreement is held by a court of competent jurisdiction to
   be invalid or unenforceable, then this Agreement, including all of the
   remaining terms, will remain in full force and effect as if such invalid or
   unenforceable term had never been included.

IN WITNESS WHEREOF, this Agreement has been executed by the Parties as of the
date first above written.
<TABLE>
<CAPTION>
<S>                                                  <C>
UTEK CORPORATION                                     SOPARTEC

----------------------------------                   ---------------------------------------------------
By: Clifford M. Gross, Ph.D., CEO                    By:

</TABLE><PAGE>
                                                                 EXHIBIT 10.26
                               STRATEGIC ALLIANCE

This Strategic Alliance is made and effective this June 1, 2000 by and between
UTEK CORPORATION, offices located at 202 South Wheeler Street, Plant City,
Florida 33566 and AUBURN UNIVERSITY offices located at 309 Samford Hall, Auburn,
Alabama 36849-5176. Now, therefore, both parties agree as follows:

1.   AUBURN UNIVERSITY seeks to develop an off-balance sheet vehicle to bring
     its intellectual property and technology to the marketplace. The goal of
     which is to generate on-going royalties to enhance its research
     capabilities and reward faculty whose patents are licensed, in addition to
     developing sponsored research activities.

2.   UTEK CORPORATION (UTEK) has the mission to build a bridge between
     university-based technology and public companies that can rapidly bring new
     products to the marketplace.

3.   UTEK would review AUBURN UNIVERSITY specified existing technologies and new
     disclosures to gauge their potential for successful commercialization. If a
     specific technology seemed promising to UTEK (and AUBURN UNIVERSITY
     agreed), AUBURN UNIVERSITY would apply for a patent (if it does not already
     have one), with AUBURN UNIVERSITY as the assignee. UTEK would receive a
     12-month exclusive, royalty-free license option for the technology for some
     or all fields of use. UTEK would then use its best efforts to find a
     corporate licensee or otherwise commercialize the technology at terms
     acceptable to AUBURN UNIVERSITY. If UTEK finds a AUBURN UNIVERSITY
     acceptable licensee, royalties for the technology would be paid directly by
     the licensee to AUBURN UNIVERSITY. If UTEK is unable to find a AUBURN
     UNIVERSITY acceptable licensee or corporate partner for the technology by
     the end of this 12-month period, then all option rights to the technology
     would revert back to AUBURN UNIVERSITY, unless both parties agreed to
     extend. The defined Exclusive Option Agreement is contained in Exhibit A.
     When AUBURN UNIVERSITY desires to have UTEK merchandise a specific
     technology and UTEK agrees, both parties will execute a copy of the
     Exclusive Option Agreement with the appropriate technology, field-of-use
     and term descriptions.

4.   The term of this strategic alliance is for a period of five years,
     commencing on the date above.

5.   Either party may terminate this Agreement at any time with sixty days
     written notice.

6.   During the term of this Agreement, both parties shall not disclose to
     anyone any confidential information. Confidential Information for the
     purposes of this Agreement shall include proprietary and confidential
     information such as, but not limited to, technology plans, research and
     development plans, designs, models, software, product specifications,
     marketing plans, patent applications, disclosures and new concepts.

Confidential information shall not include any information that:
A. Is disclosed without restriction.
B. Becomes publicly available through no act of the recipient.
C. Is rightfully received by either party from a third party.
D. Is disseminated in publications.

If UTEK customers need to review AUBURN UNIVERSITY confidential information to
determine their interest in licensing a specific property, UTEK will have the
customer execute an AUBURN UNIVERSITY approved confidentiality and
non-disclosure agreement. A copy of this signed agreement will be provided to
AUBURN UNIVERSITY.

7.   This Agreement shall be governed by and be construed in accordance with the
     laws of the state of Florida.

8.   This Agreement constitutes the final understanding and agreement between
     the parties with respect to the subject matter hereof and supersedes all
     prior negotiations, understandings and agreements between the parties,
     whether written or oral. This Agreement may be amended, supplemented or
     changed, only by an Agreement in writing, signed by both of the parties.

9.   Any notice to be given or otherwise given pursuant to this Agreement shall
     be in writing and shall be hand delivered, mailed by certified mail, return
     receipt requested or sent by overnight courier service as follows:

UTEK CORPORATION                     AUBURN UNIVERSITY
202 South Wheeler Street,            309 Samford Hall,
Plant City, Florida 33566            Auburn, Alabama  36849-5176

10.  If any term of this Agreement is held by a court of competent jurisdiction
     to be invalid or unenforceable, then this Agreement, including all of the
     remaining terms, will remain in full force and effect as if such invalid or
     unenforceable term had never been included.

IN WITNESS WHEREOF, this Agreement has been executed by the Parties as of the
date first above written.

UTEK CORPORATION                           AUBURN UNIVERSITY
______________________________             ____________________________________
By: Uwe Reischl, Ph.D., M.D.,              By:  C. Michael Moriarty, Ph.D.,
      President                                 Associate Provost and
                                                Vice President for Research
<PAGE>

                                    Exhibit A
                           Exclusive Option Agreement

This Exclusive Option Agreement is made and effective this ________________, by
and between UTEK CORPORATION (UTEK), offices located at 202 South Wheeler
Street, Plant City, Florida 33566 and AUBURN UNIVERSITY offices located at 309
Samford Hall, Auburn, Alabama 36849-5176. Now, therefore, both parties agree as
follows:

1.   AUBURN UNIVERSITY hereby grants to UTEK an exclusive option to license on
     an exclusive basis the following technology:

Technology Description

-------------------------------------------------------------------------------
Title:

Patent #:                     Date Applied for:              Date Awarded:
-------------------------------------------------------------------------------

Patent Application #:         Date Applied for:
-------------------------------------------------------------------------------

Inventors:

-------------------------------------------------------------------------------

Copyright: [yes / /  or  no / /]
If yes than provide description:
                              Date Applied for:

-------------------------------------------------------------------------------

Field of Use: All  [yes / /  or  no / /]
If no then describe limited fields of use:

-------------------------------------------------------------------------------

Territory: World-wide   [yes / /  or  no / /]
If no then describe limited territory:

-------------------------------------------------------------------------------

2.   The term for this exclusive option is 12 months unless extended by
     agreement of both parties in writing.

3.   During the term of this option, UTEK will use its best efforts to
     merchandise the above-described technology at terms acceptable to AUBURN
     UNIVERSITY. AUBURN UNIVERSITY may accept or reject, at its' discretion, any
     offer presented by UTEK for the licensing of this technology.

4.   During the term of this option, AUBURN UNIVERSITY will use its best efforts
     to provide UTEK with the information it requires to market the
     above-described technology.

5.   This Agreement shall be governed by and be construed in accordance with the
     laws of the state of Florida.

6.   This Agreement constitutes the final understanding and agreement between
     the parties with respect to the subject matter hereof and supersedes all
     prior negotiations, understandings and agreements between the parties,
     whether written or oral. This Agreement may be amended, supplemented or
     changed, only by an Agreement in writing, signed by both of the parties.

7.   Any notice to be given or otherwise given pursuant to this Agreement shall
     be in writing and shall be hand delivered, mailed by certified mail, return
     receipt requested or sent by overnight courier service as follows:

UTEK CORPORATION                         AUBURN UNIVERSITY
202 South Wheeler Street,                309 Samford Hall,
Plant City, Florida 33566                Auburn, Alabama  36849-5176

8.   If any term of this Agreement is held by a court of competent jurisdiction
     to be invalid or unenforceable, then this Agreement, including all of the
     remaining terms, will remain in full force and effect as if such invalid or
     unenforceable term had never been included.

IN WITNESS WHEREOF, this Agreement has been executed by the Parties as of the
date first above written.

UTEK CORPORATION                    AUBURN UNIVERSITY

_____________________________       ________________________________________
By: Uwe Reischl, Ph.D., M.D.,       By: C.Miichael Moriarty, Ph.D.,
     President                          Associate Provost and Vice President
                                         for Research

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