On the heels of the Federal Administration Administration (FAA) announcing the March 21 enactment of a new rule to streamline the licensing process for private sector space launch and re-entry operations, Omnispace, LLC and Lockheed Martin [LMT] said on March 23 that the companies have entered an agreement to pursue space-based 5G communications--a priority for Lockheed Martin CEO James Taiclet since his assumption of the Lockheed Martin helm last July. "The proposed global 5G standards-based non-terrestrial network (NTN) would offer…
