This procedure, also shown in the video, describes how to configure a standalone license file.

 

Please rename the license file sent to altair_lic.dat and place it in the security folder in C:\Program Files\Altair\2021\security (or any location)

 

Then have the following environment variables set exactly as below under System variables.

 

Example:

 

VARIABLE NAME:  ALTAIR_LICENSE_PATH

VARIABLE VALUE : C:\Program Files\Altair\2021\security\altair_lic.dat or  <location of license file>/altair_lic.dat

Refer the below video for reference.