Company Bolsters Market Access and 5G Space Technological Development with $60 Million in New Funding
TYSONS, VA. – February 2, 2021 – 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.
Led by new investor Fortress Investment Group, the latest round includes funding from existing investors Columbia Capital, Greenspring Associates, TDF Ventures and Telcom Ventures.
This funding enables the company to build upon the investments it has already made to validate 3GPP standards-based 5G products and technologies, and demonstrate 5G connectivity from space. The financing also paves the way for Omnispace to accelerate market access initiatives to secure 2 GHz mobile satellite service (MSS) and complementary ground component (CGC) spectrum globally, which will anchor its next-generation hybrid mobile system. Together these efforts provide the foundation for commercial partnerships with mobile network operators, who enable the terrestrial component of the hybrid network, and wireless technology and device manufacturers.
“Omnispace represents the next evolution of mobile telecommunications. The company recognizes that industries now require truly global mobile connectivity without compromise. Omnispace will be the first to power global 5G from space to universal devices on a single, seamless network leveraging their 2 GHz spectrum platform,” said Joshua Pack, Managing Partner, Fortress Investment Group.
“We are forging ahead in the delivery of truly mobile 5G connectivity solutions from space. Our network will leverage harmonized 2 GHz spectrum to bring the power of 5G to users and industries around the globe,” said Ram Viswanathan, president and CEO for Omnispace. “We’re delighted Fortress Investment Group and our investors share in our commitment to drive innovative, mobile connectivity solutions.”
Omnispace’s ‘one global network’ will utilize the company’s priority 2 GHz S-band spectrum rights and will be compliant with 3GPP 5G standards, which will ensure security and interoperability of devices all over the world. The initial elements of the Omnispace network will enter into service in 2022, advancing the commercial, technological, and regulatory initiatives and ensure successful launch of the global system.
About Omnispace
Headquartered in the Washington D.C. area, and founded by veteran telecommunications and satellite industry executives, Omnispace is redefining mobile connectivity for the 21st century. By leveraging 5G technologies, the company is combining the global footprint of a non-geostationary satellite constellation with the mobile networks of the world’s leading telecom companies to bring an interoperable “one network” connectivity to users and IoT devices anywhere on the globe.
Learn more at: Omnispace.com and follow on LinkedIn or Twitter @omnispace.
About Fortress Investment Group LLC
Fortress Investment Group LLC is a leading, highly diversified global investment manager with approximately $49.9 billion of assets under management as of September 30, 2020. Founded in 1998, Fortress manages assets on behalf of approximately 1,800 institutional clients and private investors worldwide across a range of credit and real estate, private equity and permanent capital investment strategies.
Press Contact:
Marie Knowles
+1-202-422-2589
mknowles@omnispace.com
Rideshare Provider to Deploy Spacecraft on SpaceX Launches in Early 2022
TYSONS, VA. – November 10, 2020 – Omnispace, the company that is reinventing mobile communications by building a global hybrid network, today signed a launch agreement with Exolaunch, the rideshare launch and deployment services provider for the New Space industry. Exolaunch will deliver two Thales Alenia Space-built satellites into orbit aboard SpaceX’s rideshare missions.
Exolaunch will provide launch, mission management, integration and deployment services for the two Omnispace satellites, targeted for launch in 2022.
Omnispace is combining the global footprint of a non-geostationary orbit satellite constellation with the world’s leading mobile wireless networks into a seamless ‘one global network.’ The network will support 3rd Generation Partnership Project (3GPP) and 5G telecommunications standards with the satellite component operating in the S-band. The company aims to set new standards for global connectivity solutions for the internet of things (IoT), mobile satellite and mobile broadband markets.
“Omnispace is rethinking how communications networks operate. The launch of these satellites will enable the first phase of implementation towards delivering our world-class hybrid network, bringing the power of 5G from space to mobile networks, anywhere around the world,” said Ram Viswanathan, CEO, Omnispace LLC. “Exolaunch was chosen to launch these first next-generation satellites for its proven experience deploying systems into orbit and the flexibility they afford us in executing our program.”
“We are proud to be part of the team that will for the first time bring the power and reach of satellite to the mobile wireless industry,” said Jeanne Medvedeva, vice president, Launch Services, Exolaunch. “We support Omnispace in its commitment to deliver highly reliable mobile 5G connectivity solutions everywhere around the globe.”
The Omnispace network will be deployed in phases beginning in 2022. The global hybrid network will offer enterprise and government users a reliable, scalable and affordable 5G connectivity solutions worldwide.
About Omnispace
Headquartered in the Washington D.C. area, and founded by veteran telecommunications and satellite industry executives, Omnispace is redefining mobile connectivity for the 21st century. By leveraging 5G technologies, the company is combining the global footprint of a non-geostationary satellite constellation with the mobile networks of the world’s leading telecom companies to bring an interoperable “one network” connectivity to users and IoT devices anywhere on the globe.
Learn more at: Omnispace.com and follow on LinkedIn or Twitter @omnispace.
About Exolaunch
Exolaunch provides rideshare launch and deployment services for New Space companies. Its flight heritage includes the successful deployment of 110 small satellites into orbit through its global network of launch vehicle providers. Exolaunch enables the visions of the New Space leaders, the world’s innovative startups, research institutions, government organizations, and space agencies. The company also manufactures in-house flight-proven separation systems to deliver the best-in-class integration services and deployment for small satellites. For more information, visit: www.exolaunch.com
Press Contact:
Marie Knowles
+1-202-422-2589
mknowles@omnispace.com
Company Among Four Startups Selected to Help the U.S. DoD Leverage 5G’s Potential
TYSONS, VA. – November 2, 2020 – Omnispace, the company that is reinventing mobile communications by building a global hybrid network, today announced it is an award recipient of the National Security Innovation Network(NSIN)’s Starts Navy & USMC 5G pitch competition.
Omnispace was among the 50 initial competition entrants and one of only four companies selected to receive an award. Omnispace, along with its partner, LinQuest, a leader in space systems technology solutions for U.S. defense and intelligence communities, will also have the opportunity to pilot its technology with the Navy and Marine Corps at the U.S. Department of Defense (DOD) and Verizon’s 5G “Living Lab.” Omnispace will leverage the award to further its development of the world’s first global hybrid 5G communications network based on 3GPP standards.
The NSIN Starts 5G event was held in partnership with NavalX SoCal Tech Bridge and the Naval Information Warfare Center Pacific (NIWC Pacific). It was designed to highlight the DoD’s continued investment in 5G technology from companies innovating in the sector. The DoD identified 5G as one of its top strategic technological priority areas and will be investing significant resources to acquire and develop capabilities.
“Omnispace is honored to have the opportunity to work with the Navy, Marines, and Verizon as part of the 5G Living Lab. This event reflects the DoD’s increasingly innovative approach to harnessing the speed of industry innovators to put cutting edge solutions into the hands of our warfighters,” said Campbell Marshall, Vice President & Head of Government/Military, Omnispace LLC. “We look forward to creatively leveraging our ‘one global hybrid’ 2GHz communications network to enable agile 5G operations both terrestrially and in space.”
The Omnispace network is being developed to provide the coverage and capacity to support essential 5G applications for government users and operations, in any location.
About Omnispace
Headquartered in the Washington D.C. area, and founded by veteran telecommunications and satellite industry executives, Omnispace is redefining mobile connectivity for the 21st century. By leveraging 5G technologies, the company is combining the global footprint of a non-geostationary satellite constellation with the mobile networks of the world’s leading telecom companies to bring an interoperable “one network” connectivity to users and IoT devices anywhere on the globe.
Learn more at: Omnispace.com and follow on LinkedIn or Twitter @omnispace.
Press Contact:
Marie Knowles
+1-202-422-2589
mknowles@omnispace.com
TYSONS, VA. – April 9, 2020 – Omnispace, the company that is reinventing mobile communications by building a global hybrid network, today announced it has selected Thales Alenia Space, a joint venture between Thales (67%) and Leonardo (33%), to develop the initial component of its satellite-based Internet of Things (IoT) infrastructure. This will advance Omnispace’s vision to deliver a global hybrid communications network based on 3GPP standards.
Thales Alenia Space will design and build an initial set of two satellites for operation in non-geostationary orbit (NGSO). These initial satellites will support 3GPP-defined (the 3rd Generation Partnership Project telecommunications specifications that unite standard development organizations) Narrow-Band IoT radio interface and will serve to advance the development and implementation of Omnispace’s global hybrid network. This announcement marks a key milestone as Omnispace initiates the development of its new generation NGSO satellite constellation which will operate in the S-band.
“Thales Alenia Space has a successful track record of developing NGSO satellite constellations and is well-qualified to support our vision of delivering the world’s first global 5G non terrestrial network (NTN),” said Ram Viswanathan, President and CEO of Omnispace LLC. “This investment in our next-generation satellite infrastructure allows us to progress the development of our technology and demonstrate our unique capabilities as we continue to work towards launching our broader vision of a global hybrid network.”
“Thales Alenia Space is pleased to be working with Omnispace, which is taking a holistic approach to the design, development and deployment of their next-generation, IoT-based satellite network infrastructure,” said Hervé Derrey, CEO of Thales Alenia Space. “Omnispace’s selection of Thales Alenia Space reinforces our leadership position as a major industrial partner and our expertise in space-based IoT communications. We look forward to collaborating with Omnispace in delivering this innovative project.”
The development of this initial set of satellites will begin immediately and they are scheduled for launch in 2021. Omnispace and Thales Alenia Space, along-side other industry stakeholders, will contribute to the development of the 3GPP NTN friendly standard for global implementation.
About Omnispace
Headquartered in the Washington D.C. area, and founded by veteran telecommunications and satellite industry executives, Omnispace is redefining mobile connectivity for the 21st century. By leveraging 5G technologies, the company is combining the global footprint of a non-geostationary satellite constellation with the mobile networks of the world’s leading telecom companies to bring an interoperable “one network” connectivity to users and IoT devices anywhere on the globe.
Learn more at: Omnispace.com and follow on LinkedIn or Twitter @omnispace.
About Thales Alenia Space
Drawing on over 40 years of experience and a unique combination of skills, expertise and cultures, Thales Alenia Space delivers cost-effective solutions for telecommunications, navigation, Earth observation, environmental management, exploration, science and orbital infrastructures. Governments and private industry alike count on Thales Alenia Space to design satellite-based systems that provide anytime, anywhere connections and positioning, monitor our planet, enhance management of its resources, and explore our Solar System and beyond. Thales Alenia Space sees space as a new horizon, helping to build a better, more sustainable life on Earth. A joint venture between Thales (67%) and Leonardo (33%), Thales Alenia Space also teams up with Telespazio to form the parent companies’ Space Alliance, which offers a complete range of services. Thales Alenia Space posted consolidated revenues of approximately 2.15 billion euros in 2019 and has around 7,700 employees in nine countries.
Omnispace Press Contact:
Marie Knowles: +1-202-422-2589; mknowles@omnispace.com
Thales Alenia Space Press Contacts:
Sandrine Bielecki: +33 (0)4 92 92 70 94; sandrine.bielecki@thalesaleniaspace.com
Catherine des Arcis: +33 (0)4 92 92 72 82; catherine.des-arcis@thalesaleniaspace.com
Marija Kovac: +39 (0)6 415 126 85; marija.kovac-somministrato@thalesaleniaspace.com
TYSONS, VA. – December 12, 2019 – Omnispace, the company that is reinventing mobile communications by building one global hybrid network, welcomes the outcomes of the International Telecommunication Union’s (ITU) World Radiocommunication Conference (WRC-19) that was held recently in Sharm el-Sheikh, Egypt. The WRC-19 made critical decisions regarding efficient use of global spectrum resources, including those related to the 2 GHz S-band (1980-2010 MHz/2170-2200 MHz).
By providing interference analysis and measurements, Omnispace actively participated in the studies related to the coexistence of mobile-satellite services and terrestrial mobile services in the 2 GHz S-band. Omnispace is pleased that the ITU took action by setting guidelines to protect both services, including establishing a power limit on mobile stations that transmit in the 1980-2010 MHz band or limiting the use of this band to an uplink mode (user equipment to base stations).
The WRC-19 also made the decision to balance expanding deployment of outdoor radio local area networks (RLANs) in the 5 GHz band with the current use of the band by global non-geostationary mobile-satellite services systems. These efforts represent important steps in supporting ongoing technological innovation in hybrid satellite/terrestrial networks and systems like those operated by Omnispace.
“As we look to bring connectivity to users around the world via ‘one global network,’ Omnispace supports the work of the ITU in ensuring scarce resources are efficiently utilized while still enabling innovation,” said Mindel De La Torre, Chief Regulatory and International Strategy Officer of Omnispace LLC. “We are delighted that WRC-19 adopted guidelines for Administrations that address the co-existence of terrestrial and mobile-satellite services in the 2 GHz band. The resolution of this difficult issue is a testament to the enormous efforts from all participants to obtain a satisfactory result for all.”
About Omnispace
Headquartered in the Washington D.C. area, and founded by veteran telecommunications and satellite industry executives, Omnispace is redefining mobile connectivity for the 21st century. By leveraging 5G technologies, the company is combining the global footprint of a non-geostationary satellite constellation with the mobile networks of the world’s leading telecom companies to bring an interoperable “one network” connectivity to users and IoT devices anywhere on the globe.
Learn more at: Omnispace.com and follow on LinkedIn or Twitter @omnispace.
Press Contact:
Marie Knowles
tel: +1-202-656-8037
e: mknowles@omnispace.com
Authorization for Complementary Ground Component Is Major Regulatory Milestone and First Step towards Delivering Reliable ‘One Global Network’ Communications Worldwide
TYSONS, VA, USA. – December 3, 2019 – Omnispace today announced that its subsidiary Omnispace México S. de R.L de C.V. was successful in its bid for a concession to build and operate a terrestrial network in Mexico to complement its global satellite infrastructure. The company will be the first to converge both terrestrial and satellite communications to create a single, reliable hybrid network globally. The authorization in Mexico to provide the Complementary Ground Component (CGC) of the Mobile Satellite Service (MSS) represents the first of many major market milestones in the company’s development of its unique “one global network” communications system.
Mexico’s Instituto Federal de Telecomunicaciones (IFT) awarded the CGC concession in tandem with Omnispace México’s pre-existing MSS authorization in the 2 GHz frequency band, allowing Omnispace to deploy terrestrial infrastructure in Mexico. With this unique combination of satellite and terrestrial technologies, customers in urban and rural areas will benefit from secure, reliable and cost-effective mobile connectivity and better performance from their existing mobile devices across the country. The Omnispace CGC network will operate on 4G LTE standards and support deployments in 3GPP bands 65 and 66.
“This is an important regulatory precedent that creates a framework for licensing and using spectrum efficiently for MSS and CGC, and also enables Omnispace to initiate efforts to deploy the terrestrial component of its ‘one global network’ with its partners. Mexico is the first of many markets where we are working to secure terrestrial approval to augment our global satellite network,” said Ram Viswanathan, President and CEO of Omnispace LLC. “This authorization in Mexico will not only provide mobile connectivity everywhere, but also benefits consumers by bringing down the cost of access and improving mobile network operators’ quality of service.”
“We are grateful for the diligence, transparency and global leadership of Mexico’s regulatory authority IFT in supporting spectrum efficiency and technologies that will benefit Mexican consumers, businesses and the economy,” said Mindel De La Torre, Chief Regulatory and International Strategy Officer of Omnispace LLC. “We look forward to eliminating communications barriers, delivering connectivity and creating opportunities by expanding the reach of wireless communications throughout the entirety of the country and the region.”
About Omnispace
Headquartered in the Washington D.C. area, and founded by veteran telecommunications and satellite industry executives, Omnispace is redefining mobile connectivity for the 21st century. By leveraging 5G technologies, the company is combining the global footprint of a non-geostationary satellite constellation with the mobile networks of the world’s leading telecom companies to bring an interoperable “one network” connectivity to users and IoT devices anywhere on the globe.
Learn more at: Omnispace.com and follow on LinkedIn or Twitter @omnispace.
Press Contact:
Marie Knowles
tel: +1-202-656-8037
