Cooperative Research and Development Agreements (CRADA) allow potential licensees, manufactures, researchers, or groups to participate in research in a variety of ways—and for differing needs. Participation may involve equipment, facilities, or finance. Licensee may use this as a first step or a first–look prior to a licensing agreement. Researchers or groups may want to promote the technology for personal or industrial need, or purely for research. ALT can provide technology and/or prototypes as part of fund-matching for research at universities and private laboratories. This type of agreement has the clear advantage in early stage development projects, with shared cost and shared risk.