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SmartSky Networks has ceased business operations, the company confirmed via email and on its website today.
The Morrisville, North Carolina-based air-to-ground (ATG) inflight connectivity provider stated it "ultimately could not secure the necessary financing to continue" its mission.
Its full statement reads: "SmartSky was founded with a bold vision: to revolutionize aviation communications. We successfully built and operated a leading, high-performance nationwide air-to-ground network using unlicensed spectrum, made possible by innovative patented technology. Along the way, our team dedicated great energy and expertise, earning several prestigious industry awards. While our products were groundbreaking and we were growing our market share, we ultimately could not secure the necessary financing to continue our mission.
