PXI Systems Alliance Membership Changes Under Research Collaboration Notice
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PXI Systems Alliance updated the U.S. Justice Department and the Federal Trade Commission on changes to its research collaboration membership. Three organizations joined the venture, and four organizations left. The notice mainly matters to companies and institutions involved in the PXI Systems research project. It keeps the group’s filing current under a law that can limit antitrust damages exposure for properly disclosed joint research and production activities.
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Key Changes
- Salland Engineering B.V., Roketsan AS, and Apex Waves LLC were added as members of the PXI Systems venture.
- Applicos Bv, OpenATE, Inc., SignalCraft Technologies, Inc., and CERN withdrew from the venture.
- PXI Systems reported no other changes to the group’s membership or planned research activities.
Obligations
What this law requires
PXI Systems Alliance must file written notifications simultaneously with the Attorney General and the Federal Trade Commission disclosing any future changes in membership of the group research project if it seeks continued protection under the National Cooperative Research and Production Act.