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5.08.26
FCC Sets New Satellite Spectrum Sharing Framework
On April 30, 2026, the Federal Communications Commission (FCC) adopted an Order fundamentally revising how satellite systems share spectrum in the Ku and Ka bands, replacing the decades-old Equivalent Power Flux Density (EPFD) limits with a performance-based coordination framework for managing interference between geostationary (GSO) and non-geostationary (NGSO) satellite systems. By reforming the EPFD regime, the FCC has removed a longstanding regulatory constraint that was developed to protect GSO systems but has arguably limited NGSO operators’ ability to deliver high-speed, low-latency broadband services.
Client Highlights
4.09.26
Wilson Sonsini Advises Manna Air Delivery on $50 Million Series B
On April 1, 2026, Manna Air Delivery (Manna), a global leader in consumer drone delivery, announced a $50 million Series B funding round to scale its proven operations further in the U.S. and Europe. The round brings Manna’s total funding to $110 million. Investors in the round include ARK Invest, the Ireland Strategic Investment Fund (ISIF), and Schooner Capital, alongside existing investors Coca-Cola HBC, Enterprise Ireland, and Molten Ventures. Wilson Sonsini Goodrich & Rosati advised Manna on the transaction.
Alerts
3.30.26
Re-Routing the Market: FCC Adds Foreign-Produced Consumer Routers to Its Covered List
On March 23, 2026, the Federal Communications Commission (FCC) added consumer-grade routers produced in foreign countries to its Covered List (Router Action), with limited exceptions for routers that have been granted a Conditional Approval by the U.S. Department of Defense (DoD), also referred to as the U.S. Department of War (DoW), or the U.S. Department of Homeland Security (DHS).
Client Highlights
1.28.26
Firm Advises Lead Investor G2 Venture Partners on Waabi’s $1 Billion Fundraise
On January 28, 2026, Waabi, the leader in Physical AI, announced it has closed its oversubscribed $750 million Series C financing round co-led by G2 Venture Partners and Khosla Ventures, and secured an additional milestone-based future investment from Uber to support a new partnership to deploy robotaxis powered by the Waabi Driver exclusively on the Uber platform. The funding, the largest fundraise in Canadian history, will fuel the continued advancement of Waabi’s Physical AI Platform, further accelerate the company’s commercial progress in autonomous trucking, and support Waabi’s expansion into robotaxis. Wilson Sonsini Goodrich & Rosati advised G2 Venture Partners on the transaction.
The Wilson Sonsini team that advised G2 Venture Partners included Danielle Naftulin, Madeleine Vella, Rodrigo Valle, and Tori Fong.
For more information, please see Waabi’s announcement.
The Wilson Sonsini team that advised G2 Venture Partners included Danielle Naftulin, Madeleine Vella, Rodrigo Valle, and Tori Fong.
For more information, please see Waabi’s announcement.
Client Highlights
1.28.26
Wilson Sonsini Advises Zipline on $600 Million Financing
On January 21, 2026, Zipline, an American robotics company that designs, manufactures, and operates the world’s largest autonomous delivery system, announced that it has raised more than $600 million in financing, valuing the company at $7.6 billion. Wilson Sonsini Goodrich & Rosati advised Zipline on the transaction.
The funding includes participation from several existing and new investors, including Fidelity Management & Research Company, Baillie Gifford, Valor Equity Partners, and Tiger Global. Zipline will use the funds to accelerate its expansion into at least four new states this year, with Houston and Phoenix as the first two markets on that journey.
The Wilson Sonsini team that advised Zipline on the transaction includes David Wickwire, Jeana Kim, Rezwan Pavri, Kiri Yoshimura, Josh Gruenspecht, Sneha Dulski, and Barbara Mery.
The funding includes participation from several existing and new investors, including Fidelity Management & Research Company, Baillie Gifford, Valor Equity Partners, and Tiger Global. Zipline will use the funds to accelerate its expansion into at least four new states this year, with Houston and Phoenix as the first two markets on that journey.
The Wilson Sonsini team that advised Zipline on the transaction includes David Wickwire, Jeana Kim, Rezwan Pavri, Kiri Yoshimura, Josh Gruenspecht, Sneha Dulski, and Barbara Mery.
Alerts
1.22.26
2026 Antitrust Year in Preview
Last year was a landmark in the development of antitrust law. Enforcers, legislators, and private parties grappled with the fundamental shift represented by artificial intelligence (AI) technologies, the resolution of important digital technology antitrust cases, and significant divergence in policy across a presidential administration transition. The changes will not stop in 2026. In this preview, we focus on several economic sectors that were most impacted by developments in antitrust law in 2025 to identify the trends that will drive governmental and private activity in antitrust in 2026.
Client Highlights
10.07.25
Wilson Sonsini Advises Viaduct on Acquisition by Sumitomo Rubber Industries
On October 1, 2025, Sumitomo Rubber Industries (SRI), one of the world’s largest tire companies and a global leader in mobility innovation, closed its acquisition of Viaduct, a pioneer in artificial intelligence (AI) solutions. Wilson Sonsini Goodrich & Rosati advised Viaduct on the transaction.
Client Highlights
9.24.25
Wilson Sonsini Advises TELO Trucks on Oversubscribed $20 Million Series A
On September 23, 2025, TELO Trucks, maker of the first electric mini truck built for U.S. cities, announced the completion of its oversubscribed $20 million Series A funding. The round was led by Yves Behar and Marc Tarpenning, co-founder of Tesla and Venture Partner of Spero Ventures. Additional investment came from TO VC, E12 Ventures, Neo, Marc Benioff, Uncorrelated Ventures, Nova Threshold, MCJ, and others. Wilson Sonsini advised TELO Trucks on the transaction.
Client Highlights
6.06.25
Wilson Sonsini Advises Plus on Business Combination with Churchill IX
On June 5, 2025, Plus Automation (Plus), a physical AI company commercializing AI-based virtual driver software for autonomous trucks, and Churchill Capital Corp IX (Churchill IX), a special purpose acquisition company, announced that they have entered into a definitive agreement to effect a business combination. Wilson Sonsini Goodrich & Rosati advised Plus on the transaction.
Client Highlights
4.16.25
Firm Advises Kodiak Robotics on Business Combination with Ares Acquisition Corporation
On April 14, 2025, Kodiak Robotics, Inc., a leading provider of AI-powered autonomous vehicle technology, and Ares Acquisition Corporation II (AACT), a publicly traded special purpose acquisition company, announced they have entered into a definitive business combination agreement through which Kodiak will become a publicly listed company. AACT is an affiliate of Ares Management Corporation (Ares). Wilson Sonsini Goodrich & Rosati is advising Kodiak on the transaction.
The proposed business combination ascribes a pre-money equity value of $2.5 billion to Kodiak. The combined company is expected to receive approximately $551 million of cash held in AACT’s trust account at closing, assuming no redemptions of existing AACT shares and based on trust value per share as of December 31, 2024. Additionally, certain institutional investors, including affiliates of Soros Fund Management, ARK Investments, and Ares, have invested or committed over $110 million to support the transaction.
The proposed business combination ascribes a pre-money equity value of $2.5 billion to Kodiak. The combined company is expected to receive approximately $551 million of cash held in AACT’s trust account at closing, assuming no redemptions of existing AACT shares and based on trust value per share as of December 31, 2024. Additionally, certain institutional investors, including affiliates of Soros Fund Management, ARK Investments, and Ares, have invested or committed over $110 million to support the transaction.
Alerts
3.19.25
Lessons from the CPPA’s $632,500 Settlement with Connected Vehicle Manufacturer
On March 12, 2025, the California Privacy Protection Agency (CPPA) announced a settlement with American Honda Motor Co. (Honda) over alleged violations of the California Consumer Privacy Act (CCPA). The CPPA investigated Honda as part of its investigative sweep into the data privacy practices of connected vehicles and related technologies, announced in July 2023. The CPPA specifically alleged, among other things, that Honda engaged in practices that made it difficult for Californians to exercise their out-opt rights and shared consumers’ personal information with ad tech service providers without proper contractual protections.
Client Highlights
2.04.25
Wilson Sonsini Secures Complete Jury Trial Victory for Via Transportation
On January 30, 2025, firm client and microtransit leader Via won a complete victory against its competitor, RideCo, following a seven-day jury trial and years of litigation in the U.S. District Court for the Western District of Texas. After less than 3 hours of deliberation, the jury found that RideCo infringed three of Via’s patents on its virtual bus stop technology (U.S. Patent Nos. 9,562,785, 9,816,824, and 10,197,411) and ordered RideCo to pay damages, with total pretrial and ongoing damages to be determined. Via also prevailed against RideCo’s counterclaims, with the jury finding that Via did not infringe either of RideCo’s two asserted patents.