Press Release

Intellectual Ventures Signs with Thales Alenia Space

June 22, 2010 BELLEVUE, Wash.

Thales Alenia Space announced today that it has entered into an agreement to acquire a significant patent portfolio describing hundreds of inventions related to satellites communication systems, as well as additional patent rights, from Intellectual Ventures™.

Thales Alenia Space announced today that it has entered into an agreement to acquire a significant patent portfolio describing hundreds of inventions related to satellites communication systems, as well as additional patent rights, from Intellectual Ventures™.

With this acquisition, Thales Alenia Space will have access to the intellectual property rights required to build the Iridium NEXT constellation of satellites, under contract recently awarded by Iridium Communications Inc. Iridum is also receiving a license to the inventions required for the other parts of the Iridium NEXT communication system.

The majority of these inventions were created by Motorola engineers during the original design of the Iridium satellite constellation, a network of 66 low-Earth orbit (LEO) cross-linked satellites that provide critical voice and data services for areas not served by terrestrial communication network.  Iridium is the only mobile satellite service company offering coverage over the entire globe. Additional patent rights from other ambitious R&D programs are also included in this acquisition.

 “By acquiring and aggregating one of the industry largest set of top quality satellites inventions, we have now provided a leading industrial company with additional IP assets,” commented Vincent Pluvinage, General Manager for Strategic Acquisitions and Private Equity at Intellectual Ventures. “Providing liquidity to inventors and access to strategic IP assets to companies is part of our mission.”

“With this acquisition, Thales Alenia Space takes another step forward in the constellation startup process,” said Marc Borello, General Counsel at Thales Alenia Space. “Our strategy is to deliver products that give our customers the best combination of performance, cost and lead-times.”

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