PR Newswire
04 Aug 2022, 23 GMT+10
TEL AVIV, Israel, Aug. 4, 2022 /PRNewswire/ -- Powermat Technologies, Ltd., the global leader in advanced wireless power technology, today announced that it has resolved its pending patent litigation with Nanami and Yootech and that these companies have entered into patent licensing agreements with Powermat. Under the terms of the settlement, Nanami and Yootech agreed to pay Powermat Technologies an initial payment covering the past use of patented technologies, followed by ongoing quarterly licensing payments. As part of the settlement, Nanami, Yootech, and Powermat Technologies also agreed to the entry of an injunction against non-licensed use of the patented technologies.
"We are extremely pleased to reach agreements with Nanami and Yootech. These agreements acknowledge the value of our intellectual property and validates our licensing program," said Elad Dubzinski, CEO of Powermat Technologies. Mr. Dubzinski also stated that "while we would always prefer to voluntarily license our patented technologies, we will continue to enforce our patents against those who are using this technology without a license."
The ruling states, "In relation to Powermat's QI certified patents, set out below, the court ordered that the Defendants must have a license agreement with Powermat before making, using, importing, offering for sale and selling defendant's Qi products."
The proceedings commenced on July 14, 2021 and concluded with both companies accepting that Powermat's patents are valid and were infringed upon.
Powermat U.S. Patents Infringed:
The two cases were heard in the United States District Court in the Western District of Texas: Case numbers 6-21-cv-0074-ADA and 6-21-cv-0075-ADA.
About Powermat Technologies
Powermat Technologies provides advanced Qi-certified and proprietary wireless power solutions for IoT, telecom (5G), automotive, robotics, consumer electronics, medical devices, and industrial applications. Powermat wireless power solutions and IP licensing programs enable global businesses to incorporate advanced wireless power into their products and customize solutions for unique use cases. Global market leaders including Samsung, General Motors, Flex, Harman International, Pivotal Commware, and Kyocera have adopted Powermat wireless power solutions. Over 800 million smartphones, 40 million embedded accessories, and 8 million cars worldwide have Powermat solutions inside.
Media contact:
Robert Dugan
Powermat Technologies
Marketing Director
Robert.dugan@powermat.com
+972-2-995-0500
SOURCE Powermat
Get a daily dose of Sydney Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Sydney Sun.
More InformationWASHINGTON D.C.: A U.S. auto safety regulator said this week it is opening an investigation into 73,000 Chevrolet Volt plug-in ...
NEW YORK: This week, a New York judge approved legal settlements to end lawsuits that halted the state's legal cannabis ...
NEW YORK, New York - U.S. stocks spent most of Tuesday meandering, with the major indices closing out the day ...
DEARBORN, Michigan: This week, Ford said a six-week United Auto Workers (UAW) strike cut its sales by some 100,000 vehicles ...
WASHINGTON D.C.: This week, the Biden administration adopted a new rule aimed at reducing methane emissions, which targets the role ...
AUSTIN, Texas: During an event held this week in Austin, Texas, Tesla CEO Elon Musk said the electric vehicle (EV) ...
BOLOGNA, Italy: Due to fears of a collapse, local officials have secured the area around one of two 12th century ...
MUNICH, Germany: The heavy snow and icy conditions that hit Bavaria, Germany, canceled flights and long-distance trains out of Munich, ...
RALEIGH, North Carolina: After a decade of discussions and hesitations, North Carolina has expanded Medicaid coverage by offering government-funded health ...
The U.S. has supplied Israel with scores of BLU-109 bunker-buster bombs since October 7, the Wall Street Journal has reported, ...
WASHINGTON D.C.: This week, the Biden administration announced a proposal by the Environmental Protection Agency (EPA) that would require U.S. ...
TOKYO, Japan: Japan's space agency recently fell victim to a cyberattack, but reassuringly, the compromised information did not pertain to ...