Markforged (MKFG) Settles IP Litigation

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Markforged Announces Settlement In IP Litigation

September 23, 2024 8:30 AM UTC

WALTHAM, Mass., Sept. 23, 2024 (GLOBE NEWSWIRE) -- Markforged Holding Corporation (NYSE: MKFG), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, today announced that it has entered into a Settlement and Patent License Agreement (the Settlement Agreement) in connection with the patent infringement litigation brought by Continuous Composites Inc. (Continuous Composites). The Settlement Agreement resolves all claims and counterclaims in this litigation, which is currently pending before the United States District Court for the District of Delaware (the District Court).

As previously disclosed in our public filings, in July 2021, Continuous... More