The company and its partners generate further revenue via effective management of the SME’s IP, which includes over 100 granted patents worldwide that return millions of AUD$ annually in royalties. For example, the license with Changfeng was worth over AUD$5 million and allowed Bishop to enter new and fast-growing markets. Other licensees include some of the largest automotive and aerospace manufacturers in the world, such as Ford Motor Company, Mercedes-Benz, and TRW Australia.