
Company Bolsters Market Access and 5G Space Technological Development
with $60 Million in New Funding
TYSONS, Va., February 2, 2021 (Omnispace PR) – Omnispace, the company that is reinventing mobile communications by building a global hybrid network, announced today that it closed on a round of $60 million in equity financing that advances its development of its 5G non-terrestrial network (NTN) and expands its 2 GHz spectrum footprint in key markets globally. The Omnispace network will power critical global communications, including 5G and mobile Internet of Things (IoT) connectivity, directly from its satellites in space to mobile devices around the world.
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