Advanced Solutions Center (ASCENT) builds unique companies through an evolutionary methodology that create breakthrough technologies․ The innovative approach enables ASCENT to originate and foster the continuous development of science-intensive ventures, that can result in bountiful in aggregate value, thousands of patents and a pipeline to include a multitude of technological development programs․ The first chapter of the program has focused on Artificial Intelligence.
ASCENT aims to create advanced solutions and eventually spin-off companies. ASCENT’s researchers explore original scientific hypotheses for practical applications of AI. The research team(s) conceives and refines unconventional approaches to research problems, discover market niches where technological breakthroughs can take place, and develop revolutionary solutions. Prototypes/solutions are developed during the research. New companies are originated by capitalizing on those prototypes. The researchers working on a prototype/solution receive equity in the spin-off companies.
A venture capital fund associated with ASCENT will invest in spin-off companies to ensure their growth.