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SmartSky Ups Funding, Delays Network Launch to 2Q20
In-flight connectivity service provider SmartSky Networks has received $25 million more in funding and delayed commercial network launch to mid-2020.

Startup in-flight connectivity service provider SmartSky Networks has received an additional $25 million from funds managed by the Global Credit Opportunities team at BlackRock after completing a network deployment milestone. Global Credit Opportunities previously committed to a $75 million credit facility, with $50 million drawn initially and the final $25 million contingent on “substantial progress on the nationwide network rollout,” which SmartSky said it achieved in November.