{"id":58037,"date":"2021-02-23T00:03:05","date_gmt":"2021-02-22T16:03:05","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/smartsky-networks-raises-32m-in-financing\/"},"modified":"2021-02-23T00:03:05","modified_gmt":"2021-02-22T16:03:05","slug":"smartsky-networks-raises-32m-in-financing","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/smartsky-networks-raises-32m-in-financing\/","title":{"rendered":"SmartSky Networks Raises $32M in Financing"},"content":{"rendered":"<\/p>\n<p><b>SmartSky Networks<\/b> has closed on more than $32 million in equity and debt funding, the company announced Monday. This funding comes as the company prepares to roll out its Air-to-Ground (ATG) aviation Wi-Fi connectivity service this year.&nbsp;<\/p>\n<p>SmartSky\u2019s office-grade inflight Wi-Fi service for business and commercial aviation uses the company\u2019s scalable, single-beam-per-aircraft approach, which it said is backed by a substantial patent portfolio and years of flight testing. The company pitches its solution as one that enables b-directional connectivity without the latency of satellite-based solutions.&nbsp;<\/p>\n<p>CEO David Helfgott called the funding a \u201cdisplay of confidence in the future of SmartSky\u2019s groundbreaking technology and services.\u201d&nbsp;<\/p>\n<p>Helfgott was formerly CEO of satellite antenna tech company <b>Phasor<\/b>, which went bankrupt in May 2020. South Korean defense company <b>Hanwha Systems<\/b> acquired Phasor\u2019s business assets in June, and Helfgott joined SmartSky in October 2020. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>SmartSky Networks has closed on more than $32 million in equity and debt funding, the company announced Monday. This funding comes as the company prepares to roll out its Air-to-Ground (ATG) aviation Wi-Fi connectivity service this year.&nbsp; SmartSky\u2019s office-grade inflight Wi-Fi service for business and commercial aviation uses the company\u2019s scalable, single-beam-per-aircraft approach, which it [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":58040,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-58037","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/58037"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=58037"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/58037\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/58040"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=58037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=58037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=58037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}