Friday, February 14, 2020

Jury awards Motorola Solutions $764.6m in case against Hytera

A jury in the U.S. District Court for the Northern District of Illinois awarded $746.6 million to Motorola Solutions in its trade secret theft and copyright infringement case against Hytera Communications of Shenzhen, China and its U.S.-based subsidiaries.  Motorola is now seeking a worldwide injunction preventing Hytera from further misappropriating its stolen trade secrets and infringing its copyrights. “Today’s verdict is a tremendous victory...

Astranis raises $90 million for its micro-GEO satellite ambitions

Astranis Space Technologies Corp., a start-up based in San Francisco, raised $90 million in new debt and equity funding for its micro-geostationary satellite plans. Astranis plans to manufacture and operate small geostationary satellites. Its first mission is to bring widespread broadband internet access to the people of Alaska, where 39% of the population still has unreliable internet access. The Astranis satellites are expected to weigh approximately...