Brainguard Settles Patent Lawsuit With Mips For $3.2 Million

Brainguard Technologies, a designer of patented helmet safety technology used across sports, construction, military and other applications, has reached a settlement in a two-year-old patent infringement lawsuit against Revelyst Sales LLC, the company behind the Bell and Giro helmet brands.

Brainguard's technology is designed to protect against both direct impacts and rotational forces, the latter recognized as a major contributor to brain injuries. In its lawsuit, Brainguard alleged that rotational-force protection technology licensed from Swedish helmet-safety company Mips and incorporated into Revelyst's helmets infringed on Brainguard's patents.

Under the settlement, Mips and Revelyst have agreed to pay Brainguard $3.2 million and will receive a non-exclusive, non-transferrable license to use Brainguard's patented technology going forward.

Brainguard founder Robert Knight said the company intends to keep a close watch on the marketplace to protect its intellectual property, stating that Brainguard "will continue to police the marketplace to defend its intellectual property rights."

Brainguard says it remains open to additional licensing opportunities and can be reached through its website at brainguard.com/contact.