diff --git a/LICENSE.md b/LICENSE.md
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+Different parts of this repository have different licenses.
+
+The hardware design (PCB, schematics, ...) is licensed under Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0).
+
+The gateware design based on Litex is licensed under the same license as Litex, BSD 2-clause (bsd-2-clause), including additional Verilog.
+
+The stand-alone software parts (including, but not limited to firmware, drivers, etc.) are licensed under the GNU General Public License v2.0 (gpl-2.0).
+
+External repositories have their own licenses, see in each relevant repository.
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