As this project been discussed here. Looks like they're looking to combat
bufferbloat.
http://advanced-television.com/2013/02/14/researchers-seek-end-to-internet-video-buffering/

Kevin Gross
+1-303-447-0517
Media Network Consultant
AVA Networks - www.AVAnw.com <http://www.avanw.com/>, www.X192.org