Via Awarded Ongoing Royalties and Supplemental Damages Against RideCo in Patent Infringement Lawsuit

NEW YORK--(BUSINESS WIRE)--Via Transportation, Inc. (NYSE: VIA), the pioneer of microtransit, announced today that the U.S. District Court for the Western District of Texas has awarded the company a 10% running royalty on all future U.S. sales of RideCo, Inc.'s infringing products, in addition to an award for supplemental damages.

The Honorable Alan D. Albright ruled from the bench that Via is entitled to an ongoing royalty rate of 10% on all future sales of RideCo’s infringing technology. In addition to the 10% royalty on future sales, the court awarded supplemental damages based on the royalty rate awarded by the jury to compensate for pretrial infringement of Via’s virtual bus stop patents.

This decision follows a unanimous trial victory on January 30, 2025, in which RideCo was found to have infringed on three of Via's patents (U.S. Patent Nos. 9,562,785, 9,816,824, and 10,197,411) that protect its core virtual bus stop technology related to on demand microtransit. The Court's royalty award applies to all infringing products, including software platforms offering on-demand microtransit.

RideCo's attempt to overturn the jury's infringement verdict was rejected, as the Court denied their motions for a new trial and for judgment as a matter of law. The Court also rejected RideCo’s argument that it had “designed around” the accused infringement and removed the infringing features, holding that the accused product continues to infringe. The Court declined to enter a permanent injunction at this time, but held open the possibility of enjoining RideCo from selling its infringing product in the marketplace if they fail to make quarterly royalty payments as ordered.

“We are pleased with the Court’s decision, which validates the strength of our intellectual property and our commitment to innovation,” said Erin Abrams, Chief Legal Officer of Via. “This ruling is a critical step in protecting the significant investment we’ve made in our virtual bus stop technology and ensures a level playing field. We will continue to vigorously defend our intellectual property rights against potential infringement.”

About Via

Via is the technology backbone of a modern transportation network. We transform public transportation systems into dynamic networks, based on data and demand. Cities and transit agencies around the world adopt Via’s suite of software and technology-enabled services to replace fragmented legacy systems and consolidate operations. As a result, Via lowers the cost of providing transit, improves the passenger experience, and brings more riders on board. Today, the Via platform is utilized by hundreds of cities across more than 30 countries to create public transportation systems that connect people with jobs, healthcare, and education.