logo
  

SoftBank Reports Acquisition Of High Altitude Platform Station Patents From Loon

SoftBank Corp. (SFTBY.PK,SFTBF.PK) has acquired approximately 200 patents, including patents pending, for High Altitude Platform Stations or HAPS from Alphabet Inc.'s Loon LLC. SoftBank and its unit HAPSMobile will utilize the expanded patent portfolio to accelerate their preparations for commercial HAPS services. HAPSMobile plans and operates a High Altitude Platform Station (HAPS) business.

As founding members of the HAPS Alliance, SoftBank and HAPSMobile plan to utilize their HAPS IP portfolio to promote standardization and interoperability in the HAPS industry.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
This Black Friday and the following holiday season, retailers across the United States are urged to keep up their inventory amid expected surge in shopping as majority of Americans wait till last minute to fill their baskets, according to certain studies. A new Oracle Retail survey, which was conducted last week and presented earlier this week, showed that 66 percent of consumers were less than Eagle, Idaho -based Flagship Food Group is recalling certain TJ Farms Select brand frozen cauliflower, citing the potential to be contaminated with Listeria monocytogenes, the U.S. Food and Drug Administration said. The recall involves a limited number of cases of TJ Farms Select cauliflower that comes in 16 oz. packages with lot code 2077890089 and UPC code 75544000604-3. The U.S. Food and Drug Administration has approved Takeda Pharmaceuticals Co. Ltd.'s Livtencity (maribavir) as the first drug to treat post-transplant cytomegalovirus or CMV in adults and pediatric patients. The approval is to treat patients 12 years of age and older and weighing at least 35 kilograms with post-transplant CMV infection/disease that does not respond...
Follow RTT