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Flying the smarter skies: This Triangle company is delivering cutting-edge tech for pilots

Using its patented "beamforming" technology, SmartSky is able to offer reliable, secure, and uninterrupted network access while in the air. The company also offers Skytelligence, a platform for collecting and sharing data critical to the plane in flight.
Ryan Stone Smartsky Networks Of Morrisville Kenan Flagler Business School Startup Spotlight Startup Monday Smartsky Networks

SmartSky Investco lands $32M for in flight WiFi

MORRISVILLE – SmartSky Investco, which plans to deploy a next generation, faster, high-capacity in-flight WiFi system later this year, has raised $26.9 million in equity and debt according to a regulatory filing. The company said in a statement that it raised a total of $32 million in the equity/debt round. The company raised more than $41 million in June. It landed a whopping $104 million in a 2019 raise. It was awarded about $2 million in a Paycheck Protection Program loan. It raised a tot...
Bryan Jone David Helfgott Smartsky Investco Aviation Administration Paycheck Protection Program Jetpool Ventures

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