MDA, Loral Finalize ViaSat Litigation Settlement Payments – Satellite Today

hughes jupiter 1 satellite

Technology used on Hughes Jupiter 1 satellite, built by SSL, became a major subject of controversy, prompting ViaSat to take legal action. Photo: SSL

[Via Satellite 12-02-2014] Loral Space and Communications and MacDonald, Dettwiler and Associates (MDA) have reached an agreement on paying the $100 million settlement from ViaSat’s litigation with Space Systems/Loral (SSL). ViaSat accused SSL of patent infringement and breach of contract when the company, now owned by MDA, was part of Loral.

MDA/SSL has agreed to pay $55 million of the settlement. Loral is responsible for the remaining $45 million. Both companies have paid $23.4 million each to-date, including interest. Loral said the company will make additional payments totaling $22.7 million, including interest, on a quarterly basis from now until January 2017.

The post MDA, Loral Finalize ViaSat Litigation Settlement Payments appeared first on Via Satellite.

http://www.satellitetoday.com/technology/2014/12/02/mda-loral-finalize-viasat-litigation-settlement-payments/

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