Star Navigation Systems Group Ltd.

Signed a Technical Partnership Agreement with Astrium, a wholly owned subsidiary of EADS, to enhance and implement the patented In-flight Safety Monitoring System (ISMS™) – the next generation of aircraft data transmission systems.

almost 13 years ago

Re: Star Navigation Announces Details of New Licensing Agreement Regarding....

almost 13 years ago

Re: Star Navigation Announces Details of New Licensing Agreement Regarding....

Star Navigation Systems Group Ltd.

almost 13 years ago

Re: Star Navigation Announces Details of New Licensing Agreement Regarding....

Star Navigation Systems Group Ltd.

almost 13 years ago

Re: Star Navigation Announces Details of New Licensing Agreement Regarding....

Star Navigation Systems Group Ltd.

almost 13 years ago

Re: Star Navigation Announces Details of New Licensing Agreement Regarding....

Star Navigation Systems Group Ltd.

almost 13 years ago

in response to AGORACOM's message

Viraf Kapadia and Star Navigation have a new license. This was necessary because Viraf is the patent holder 2283188 Ontario Limited and the CEO of Star. This was also necessary because Viraf had to assume liability either personal and/or corporate.

The new license pays him royalties on the product that will be sold by Astrium. The product has been broken into 3 distinct different parts, unit sales 3% of gross revenue, service fees 10% and usage fees 10%.

This license has been granted to Star Navigation exclusively for the life of the patent.

Cheers