ViaSat Brings Lawsuit Against SS/L and Loral for Patent Infringement and Breach of Contract
ViaSat Inc. (Nasdaq:VSAT), an innovator in satellite and other wireless networking systems and services, announced today it has served a complaint for patent infringement and breach of contract against Space Systems/Loral and Loral Space & Communications related to the unauthorized use of ViaSat's intellectual property, including technology ViaSat developed for its ground breaking 100+ Gbps ViaSat-1 satellite. The lawsuit was filed in the United States District Court for the Southern District of California. ViaSat is seeking monetary damages and a permanent injunction to prevent SS/L and Loral from continuing to use ViaSat technology.
"We are very proud of the technology we invented that enabled ViaSat-1 to deliver more than ten times the throughput of prior generation broadband satellites," said Rick Baldridge, president and COO of ViaSat. "We believe our complaint clearly establishes our position regarding ownership of the underlying intellectual property as well as SS/L's infringement of our patents and its breach of contract. We have been clear with SS/L that any settlement discussions would need to progress expeditiously given the high stakes involved and the fact that we put SS/L on notice of these issues long ago. Unfortunately, those discussions didn't progress at all, so we are moving forward with the litigation."
Global Nano and Microsatellite Market 2015-2019
Your company’s press release on ASDNews and to thousands of other journalists and editors? Use our ASDWire press release distribution service.
Source : ViaSat Inc.
Sep 2 - 3, 2015 - Singapore, Singapore