Fractus and Geotab settle US patent dispute in fleet IoT market
Fractus, a pioneer in antenna technology and patent licensing, announced that it has reached a settlement with Geotab, ending the patent‑infringement litigation filed in the United States District Court for the Eastern District of Texas. The agreement’s terms remain confidential.
The settlement is described as a milestone for Fractus in the connected‑fleet and transportation sector, confirming the relevance of its patented antenna innovations for IoT applications such as fleet management, cargo visibility and mobile‑asset monitoring. Jordi Ilario, CEO of Fractus, said, "We are very pleased to have reached this resolution with Geotab and to see Fractus' technology gaining further recognition in the IoT market."
Industry forecasts from Berg Insight project the North American fleet‑management system base to rise from 19.2 million units at the end of 2024 to 33.2 million by 2029, while the global installed base of tracking devices for trailers, containers and other cargo‑carrying units is expected to grow from 13.8 million in 2024 to 26.9 million in 2029.
Entities: Berg Insight · Fractus · Geotab · Jordi Ilario · United States District Court for the Eastern District of Texas
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 3 SOURCES] Fractus' patented antenna technology is used in IoT applications for fleet management, cargo visibility and mobile‑asset monitoring. (supported)
- [● 3 SOURCES] The settlement is described as a milestone for Fractus in the connected‑fleet and transportation market. (supported)
- [● 3 SOURCES] Berg Insight forecasts that North American fleet‑management systems will increase from 19.2 million units at the end of 2024 to 33.2 million units by 2029. (supported)
- [● 3 SOURCES] The terms of the settlement between Fractus and Geotab are confidential. (supported)
- [● 3 SOURCES] Jordi Ilario, CEO of Fractus, said the company is pleased to reach the resolution and sees its technology gaining recognition in the IoT market. (supported)
- [● 3 SOURCES] Fractus and Geotab settled the patent‑infringement litigation filed in the United States District Court for the Eastern District of Texas. (supported)
- [● 3 SOURCES] Berg Insight forecasts that the global installed base of tracking devices for trailers, containers and other cargo‑carrying units will grow from 13.8 million units in 2024 to 26.9 million units by 202 (supported)