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IIT Palakkad signed a Confidentiality Agreement with USHA BRECO Limited, Palakkad on 26 August 2024. The agreement was signed as part of a consultative work which involve conducting structural, electrical, and mechanical audit of the ropeway system at its Malampuzha Ropeway unit by Prof. Santhakumar Mohan, Dean- Industry Collaboration and Sponsored Research, IIT Palakkad and Shri. Mohanakumaran C., Resident Manager, USHA BRECO Ltd.

An MoU is signed by IIT Palakkad with the Foundries Development Foundation, Coimbatore on 21 August 2024 during Techconnect event at Coimbatore. The objective of the MoU is to engage in Collaborative research proposals, Joint workshops, Seminars and technical meetings & Foundry related courses and corporate training. The MoU is signed by Prof. Santhakumar Mohan, Dean- Industry Collaboration and Sponsored Research, IIT Palakkad and Shri. N. Krishna Samaraj, Vice President, Foundries Development Foundation.

IIT Palakkad signed an Memorandum of Understanding with Indian Institute of Space Science and Technology (IIST) Thiruvananthapuram on 19 August 2024. The two institutions will encourage direct contact and co-operation between their faculty and administrative staff, departments and research institutions. The agreement promotes Academic and Research collaboration in the areas of mutual interest, Joint Supervision of M.Tech/ PhD projects and Conduct of joint conferences, seminars and workshops. The agreement was signed by Prof. A. Seshadri Sekhar, Director, IIT Palakkad and Dr. Unnikrishnan Nair S., Director, IIST Thiruvananthapuram.

A Service Agreement is signed by IIT Palakkad with the CropIn Technology Solutions Private Limited, Bengaluru on 01 July 2024. The objective of the agreement is Conducting research on Recent Machine Learning and Deep Learning approaches for Crop Detection. Under the above broad theme there will be specific focus on Few Shot Learning and Meta-Learning based approaches as one of the primary approach explored. The MoU is signed by Prof. Santhakumar Mohan, Dean- Industry Collaboration and Sponsored Research, IIT Palakkad and Ms. Ashwini Karumbaiah, Vice President (People), CropIn Technology Solutions Private Limited.

IIT Palakkad has entered into a bilateral Non- Disclosure Agreement with Westinghouse Air Brakes Technology Corporation (Wabtec), and its affiliates, acting through Wabtec India Transportation Private Limited, on 04 July 2024. Both parties signed the agreement, including Prof. Santhakumar Mohan, Dean of ICSR, IIT Palakkad, and Shri Yogesh Kumar, Vice President, Technology, Wabtec India Industrial Private Limited. Prof. Sovan Lal Das and Dr. D. Kesavan were also present at this agreement-signing event in Wabtec, Bangalore.

IIT Palakkad has licensed the technology "Fixed Thruster Underwater Vehicle" to Oceanautics Private Limited, through a Transfer of Technology (ToT) agreement signed on 01 July 2024. The ToT signed between Prof. A. Seshadri Sekhar, Director, IIT Palakkad, and Mr. Abhishek Bokinala, Director - Projects, Oceanautics Private Limited, is valid for a period of five years. Prof. Santhakumar Mohan, Department of Mechanical Engineering, is the faculty champion of this agreement. The technology titled “A Fixed Thruster Underwater Vehicle (FTUV)” is an outcome of his research.  The agreement entitles the licensee or his team to use the processes, information, know-how, and the technology contemplated and composed to manufacture, produce, and sell products underlying the Licensed Technology.

An MoU is signed by IIT Palakkad with the Agri Innovation Hub of PJITSAU (Professor Jayashankar Telangana State Agricultural University), Hyderabad on 20 April 2024. The objective of the MoU is to engage in collaborative activities related innovation and entrepreneurship in Food and Agriculture, collaborate for various services including Intellectual property, business validation and commercialization of technology, support to start-ups in providing Ecosystem linkages, networking, and connect with fund raising and showcasing technologies at various forums and Facilitate incubates from both entities in utilizing facilities from both agencies and their partner organizations for product development. The MoU is signed by Prof. Santhakumar Mohan, Dean- Industry Collaboration and Sponsored Research, IIT Palakkad and Dr. R Kalapana Sastry, Managing Director, Agri Innovation Hub.

IIT Palakkad signed an NDA with Suracsh Filters Pvt. Ltd., Cochin on 24 May 2024 to share information about the nature of products, manufacturing trade secrets, exchange of samples etc. from both sides. The NDA was signed by Prof. Santhakumar Mohan, Dean- Industry Collaboration and Sponsored Research, IIT Palakkad and Shri. Hans M. H., Chief Operating Officer, Suracsh Filters Pvt. Ltd..

An MoU is signed by IIT Palakkad with the Kerala State Council for Science, Technology and Environment- National Transportation Planning and Research Centre (KSCSTE- NATPAC) on 29 May 2024. The objective of the MoU is the strengthening and growth of mutually beneficial research, educational and outreach programmes to be conducted cooperatively by IIT Palakkad and KSCSTE- NATPAC. The MoU is signed by Prof. Santhakumar Mohan, Dean- Industry Collaboration and Sponsored Research, IIT Palakkad and Dr. Samson Mathew, Director, KSCSTE- NATPAC, Thiruvanathapuram.

IIT Palakkad signed an MoU with Ahalia International Foundation, Palakkad on 17 May 2024 to establish a framework for the cooperation of the parties in research and developmental activities related to the fields of biomedical engineering or any other technology research area of common interest that may arise in future. The parties also desire to conduct collaborative R&D projects in the fields precision agriculture application or any other technology research area of common interest that may arise in future. The MoU was signed by Prof. Santhakumar Mohan, Dean - Industry Collaboration and Sponsored Research (ICSR), IIT Palakkad and Shri. Ajith Prasad, Trustee, Ahalia International Foundation.