A former test and certification pilot with the FAA, Leroy Stotelmyer has been working with the US DOD for 25 years. At the DOD, Leroy Stotelmyer oversees commercial and government technology transfer programs in the aviation space to emerging markets and countries.
Technology transfer is a keystone element of federally-funded research projects. It is the process through which inventions, such as new technologies, make its way from the researchers to the marketplace. Among other benefits, technology transfer promotes economic development through the commercialization of innovative technologies. Technologies, like global positioning system (GPS) and magnetic resonance imaging, stem from federally-funded research projects.
Technology transfer programs also encourage and enhance collaboration between federal and non-federal science research. Although technology transfer is often meant for commercialization applications, it contributes to other research efforts where it may be applicable in the private sector. Most importantly, technology transfer allows both the federal government and third-party partners to accomplish goals that neither could efficiently achieve alone.
