United States District Court Settles in Favor of Powermat for Qi Product Patent Infringement Lawsuit
Powermat Technologies, Ltd. 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.
August 05, 2022. By News Bureau
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."
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