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BOOM - DynaEnergetics wins patent case against Repeat Precision
DMC Global Inc.
2023-04-05 17:05:08 ET
DMC Global's ( NASDAQ: BOOM ) DynaEnergetics said U.S. District Court for the Western District of Texas found that its product did not infringe on the 035 patent against Repeat Precision, and did not award any damages.
Repeat Precision alleged DynaEnergetics’ DS MicroSet setting tool infringed upon the 035 patent.
The disposable DS MicroSet setting tool is deployed in horizontal oil and gas wells and is used to set a plug at the end of a perforating string .