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MarkForged, Continuous Composites settle 3D printer patent infringement case for $25 million, US SEC filings show

By Melissa Ritti ( September 30, 2024, 13:20 GMT | Insight) -- Continuous Composites, awarded $17.3 million by jurors in April, has agreed to drop its patent infringement case against 3D printer company MarkForged in exchange for a $25 million payment. The parties granted each other global cross-licenses as part of the settlement, according to public filings with the US Securities and Exchange Commission. A US judge stayed federal litigation between the parties last week.Three-dimensional printer company MarkForged has agreed to pay Continuous Composites Inc., or CCI, $25 million to settle allegations it infringed a patented method and apparatus for the additive manufacturing of 3D objects rather than take its chances before the US Court of Appeals for the Federal Circuit....

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