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Morrisville North Carolina based SmartSky Networks is raising $145 Million in a new round of Venture Capital investment.

Morrisville North Carolina based SmartSky Networks is raising $145 Million in a new round of Venture Capital investment.

July 29, 2019 Craig Etkin

Morrisville, NC – According to filings with the U.S. Securities and Exchange Commission, SmartSky Networks is raising $145,000,000.00 in a new round of investment. Sources indicate as part of senior management Chairman and Chief Executive Officer, Haynes Griffin played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About SmartSky Networks

SmartSky Networks was formed in 2011 by senior telecommunications and aviation executives seeking to transform aviation through the use of disruptive communications technologies and related tools. Working with leading aerospace and technology partners, SmartSky has begun the rollout of its innovative, air-to-ground network, SmartSky 4G LTE. The network takes advantage of patented spectrum reuse, advanced beamforming technologies and 60 MHz of spectrum for significantly enhanced connectivity.

To learn more about SmartSky Networks, visit http://smartskynetworks.com/

Contact:
Haynes Griffin, Chairman and Chief Executive Officer
800-660-9982
haynes@smartskynetworks.com
https://www.linkedin.com/in/haynes-griffin-2b26ba13/

SOURCE: http://www.intelligence360.io
Copyright (c) 2019 SI360 Inc. All rights reserved


Venture Capital
Morrisville, North Carolina, SmartSky Networks, Venture Capital

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