uAvionix Statement on Patent Lawsuit Resolution
Garmin International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), and uAvionix Corporation today announced resolution of the ongoing patent lawsuit against uAvionix regarding Automatic Dependent Surveillance-Broadcast (ADS-B) technology used within uAvionix’s skyBeacon, tailBeacon, and echoUAT products. Under the terms of the confidential agreement, uAvionix will be able to continue offering and supporting these products in the market.
Garmin International Inc. is a subsidiary of Garmin Ltd. (Nasdaq: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin is a registered trademark of Garmin Ltd. or its subsidiaries.
uAvionix Corporation is a private U.S. Corporation headquartered in Bigfork, MT. uAvionix is backed by investors at Playground Global and Airbus Ventures.