DarkPulse, Inc. 8-K

What Happened

• DarkPulse, Inc. (DPLS) filed an 8-K on May 7, 2026 disclosing that it entered an Exclusive Patent License Agreement (No. NLICENSE-NAWCWDCL-26-027) with the United States, represented by the Secretary of the Navy (NAWCWD). The agreement, dated May 5, 2026, grants DarkPulse an exclusive U.S.-only license to practice inventions claimed in U.S. Patent Nos. 10,031,215 B1, 7,312,855 B1, and 7,948,610 B2 (LADAR/coherent/incoherent imaging and pulse-timing technologies). The company also issued a press release on May 7, 2026 announcing the agreement.

Key Details

• Upfront, nonrefundable licensing fee: $15,000.
• Running royalty: 5% of net U.S. sales of royalty-bearing products (sales to U.S. Government agencies or for known U.S. Government end use are excluded).
• Minimum annual royalties beginning three years after the effective date: $10,000 (year 1 of minimums) then $15,000 then $20,000; payable in advance, nonrefundable, with automatic termination for non-payment.
• Other material terms: four-year deadline to bring the patents to practical application; requirement to manufacture substantially in the U.S.; sublicenses require Navy consent and sublicense income is split 50/50; U.S. Government retains an irrevocable royalty-free right to practice the patents worldwide; NAWCWD may terminate for cause with 30 days’ notice.

Why It Matters

• This agreement gives DarkPulse exclusive U.S. rights to three patents tied to LADAR and related imaging/timing technologies, which could be central to product development or licensing strategies in the U.S. market.
• The financial terms are modest up front but include ongoing commitments (5% royalties and escalating minimums) and operational requirements (U.S. manufacturing, commercialization within four years) that could affect costs and timelines.
• Sublicensing revenue will be shared with the Navy and the U.S. Government retains royalty-free use, which limits certain exclusivity benefits versus a purely private license. The press release and 8-K filing ensure public disclosure under Regulation FD.