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Stock Market & Financial Investment News

News Breaks
April 25, 2014
05:15 EDTVSAT, LORLViaSat awarded $283M in damages in patent infringement case against SS/L
ViaSat (VSAT) announced that a federal court jury has awarded ViaSat $283M in damages in its patent infringement and breach of contract case against Space Systems/Loral, or SS/L (LORL). The jury found SS/L infringed three ViaSat patents relating to its ViaSat-1 high-capacity satellite system: U.S. Patent Nos. 8,010,043, 8,068,827, and 8,107,875 and breached the non-disclosure agreements and manufacturing contract between the parties. During trial, SS/L dropped its counterclaim alleging ViaSat had infringed an SS/L patent. The trial was held in the United States District Court for the Southern District of California.
News For VSAT;LORL From The Last 14 Days
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September 9, 2014
08:03 EDTVSATViaSat awarded $54M for MIDS JTRS development
ViaSat has been awarded $54M from the Space and Naval Warfare Systems Command for co-development and qualification of Tactical Targeting Network Technology capabilities for the Multifunctional Information Distribution System Joint Tactical Radio System. The order was awarded under the MIDS Indefinite Delivery/Indefinite Quantity contract initially executed in March 2010 and recently expanded to a higher ceiling amount to accommodate additional awards.
September 8, 2014
09:13 EDTVSATCRT Capital recommends staying on sidelines in ViaSat
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05:08 EDTVSATViaSat reaches settlement with Space Systems/Loral
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September 7, 2014
17:05 EDTLORL, VSATLoral and SSL reach settlement with ViaSat
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