Xandem was recently mentioned as an example of the University of Utah's ability to commercialize new technologies.

"The technologies driving the new businesses are developed by students working under faculty guidance. Case in point: Joey Wilson, who graduated with a doctorate in electrical engineering last year, is now the CEO of Xandem—a company he started in 2009 while attending U of U. The radio-wave technology he developed allows the company's customers to see through walls.

While Wilson and a professor came up with the ideas and developed the technology, the intellectual-property rights remain with the university, which receives a check for as long as the technology is used. D'Ambrosio says that more than 80 universities have sent representatives to the university this year to study ways of replicating its intellectual-property-rights revenue stream."

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