litigation
confidence high
sentiment positive
materiality 0.70
Federal Circuit upholds denial of SmartSky's preliminary injunction against Gogo 5G
Gogo Inc.
- U.S. Court of Appeals for the Federal Circuit affirmed district court's denial of SmartSky's motion for preliminary injunction against Gogo 5G sales.
- District court found SmartSky failed to show likelihood of success on merits or irreparable harm; appellate court agreed.
- Gogo CEO Oakleigh Thorne stated company will continue defending patent claims and expects to ultimately prevail.
- Ruling removes immediate threat of an injunction, allowing Gogo to continue selling Gogo 5G and focus on 2024 launch.