
Core Points - Via Transportation, Inc. has been awarded a 10% running royalty on all future U.S. sales of RideCo, Inc.'s infringing products by the U.S. District Court for the Western District of Texas [1] - The ruling was made by Honorable Alan D. Albright, confirming Via's entitlement to an ongoing royalty rate of 10% on future sales of RideCo's infringing technology [1] Company Summary - Via Transportation, Inc. is recognized as a pioneer in the microtransit sector [1] - The court's decision indicates a significant legal victory for Via, potentially enhancing its revenue stream through royalties from RideCo's sales [1] Industry Implications - The ruling may set a precedent in the microtransit industry regarding intellectual property rights and the enforcement of royalties [1] - This case highlights the ongoing challenges companies face in protecting their technological innovations within the competitive microtransit market [1]