diff --git a/applications/OptimizationApplication/license.txt b/applications/OptimizationApplication/license.txt
index dc8c7c070eb..27e96af1656 100644
--- a/applications/OptimizationApplication/license.txt
+++ b/applications/OptimizationApplication/license.txt
@@ -1,21 +1,27 @@
 Kratos Optimization Application
 A library based on: Kratos Multi-Physics
 
-Copyright (c) 2022, Reza Najian Asl, Chair of Structural Analysis, Technical University of Munich
+Copyright (c) 2024
+	Reza Najian Asl *
+	Suneth Warnakulasuriya *
+	Ihar Antonau **
+	Roland Wüchner *
+	* Chair of Structural Analysis (Technical University of Munich)
+	** Institute of Structural Analysis (Technical University of Braunschweig)
 All rights reserved.
 
 Redistribution and use in source and binary forms, with or without modification, are permitted provided that the following conditions are met:
 
 	-	Redistributions of source code must retain the above copyright notice, this list of conditions and the following disclaimer.
-	-	Redistributions in binary form must reproduce the above copyright notice, this list of conditions and the following disclaimer 
+	-	Redistributions in binary form must reproduce the above copyright notice, this list of conditions and the following disclaimer
 		in the documentation and/or other materials provided with the distribution.
-	-	All advertising materials mentioning features or use of this software must display the following acknowledgement: 
+	-	All advertising materials mentioning features or use of this software must display the following acknowledgement:
 			This product includes Kratos Optimization technology.
 	-	Neither the name of the TUM nor the names of its contributors may be used to endorse or promote products derived from this software without specific prior written permission.
-	
-THIS SOFTWARE IS PROVIDED BY THE COPYRIGHT HOLDERS ''AS IS'' AND ANY EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, 
-THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE ARE DISCLAIMED. IN NO EVENT SHALL THE COPYRIGHT 
-HOLDERS BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT LIMITED TO, 
-PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; LOSS OF USE, DATA, OR PROFITS; OR BUSINESS INTERRUPTION) HOWEVER CAUSED AND ON ANY 
-THEORY OF LIABILITY, WHETHER IN CONTRACT, STRICT LIABILITY, OR TORT(INCLUDING NEGLIGENCE OR OTHERWISE) ARISING IN ANY WAY OUT OF 
+
+THIS SOFTWARE IS PROVIDED BY THE COPYRIGHT HOLDERS ''AS IS'' AND ANY EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO,
+THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE ARE DISCLAIMED. IN NO EVENT SHALL THE COPYRIGHT
+HOLDERS BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT LIMITED TO,
+PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; LOSS OF USE, DATA, OR PROFITS; OR BUSINESS INTERRUPTION) HOWEVER CAUSED AND ON ANY
+THEORY OF LIABILITY, WHETHER IN CONTRACT, STRICT LIABILITY, OR TORT(INCLUDING NEGLIGENCE OR OTHERWISE) ARISING IN ANY WAY OUT OF
 THE USE OF THIS SOFTWARE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGE.