Great holiday gift idea from Florida Trend!
Florida Trend
Get FREE Business News Updates


November 30, 2015

Technology Transfer

University Spin Game

Success is rare and slow for spinoff companies, but the potential rewards -- visibility and income - keep schools playing.

Barbara Miracle | 3/1/2008

Recent Spinoffs

Prioria team
Technology: An unmanned micro air vehicle (MAV) that uses an embedded-vision navigation system and bendable wing technology. In photo from left: Jason Grzywna, Amir Rubin and Bryan da Frota. [Photo: Jeffrey Camp]

Gainesville (UF)

Bryan da Frota, co-founder and CEO

Jason Grzywna, co-founder and director of unmanned systems

Amir Rubin, co-founder and director of core technology

Spun off: 2003

Sales: $700,000 in 2007; $5.6 million projected for 2008

Market: U.S. military and military of U.S. allies

“We basically gave an unmanned vehicle the ability to see,” says da Frota, who runs the business side of the company while Grzywna and Rubin — both electrical engineers — oversee the technology. The product, called Maveric, is a small device that a soldier under fire could toss into the air to locate enemy fire. Maveric would communicate enemy coordinates back to other military units that could return fire.

Prioria licensed bendable wing technology from UF’s MAV Lab, led by Pete Ifju.

The company’s funding so far has been what da Frota calls “blood, sweat and tears” along with money from engineering services they’ve provided to other companies. They are looking for $3 million to $6 million in investment capital and recently presented at the Florida Venture Forum Venture Capital Conference.

Tags: Around Florida, Education

Digital Access

Add digital to your current subscription, purchase a single digital issue, or start a new subscription to Florida Trend.

An overview of the features and articles in this month's issue of Florida Trend.


Florida Business News

Florida Trend Video Pick

Why the best hire might not have the perfect resume
Why the best hire might not have the perfect resume

Given the choice between a job candidate with a perfect resume and one who has fought through difficulty, human resources executive Regina Hartley always gives the "Scrapper" a chance.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

Do you think playing daily fantasy sports (and betting) is gambling, or not?

  • Yes, it's gambling
  • No, it's a game of skill

See Results

Ballot Box