SmartSky Networks has announced that it has secured more than $32 million in additional equity and debt funding as it prepares for the launch of its next-generation aviation broadband Wi-Fi connectivity service later this year.
SmartSky says its office-grade inflight Wi-Fi service for business and commercial aviation uses the company’s uniquely scalable single-beam-per-aircraft approach. The solution is backed by a substantial patent portfolio and years of flight testing. The company is enabling advanced new applications through its digital innovation platform, Skytelligence, by building on this transformative capability to improve safety and efficiency while providing the industry with new ancillary revenue sources.
SmartSky CEO David Helfgott commented on the announcement: “In a display of confidence in the future of SmartSky’s groundbreaking technology and services, we received new funds from our institutional investors.”
Aviation broadband Wi-Fi
According to SmartSky, the company is rolling out its innovative air-to-ground network in 2021. The network, which takes advantage of patented spectrum reuse, advanced beamforming technologies and 60 MHz of spectrum for significantly enhanced connectivity, uniquely enables an “office in the sky” experience with unmatched capacity for data transmissions both to and from the aircraft.
The company says its real-time, low latency, bidirectional data link makes SmartSky the best in-flight user experience, and a key enabler for new and enhanced applications and services. For more information, visit smartskynetworks.com.