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Omnispace and Lockheed Martin to Pursue Space-Based 5G

Frank Wolfe Frank Wolfe
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Omnispace and Lockheed Martin to Pursue Space-Based 5G
The U.S. Air Force’s 10th Wideband Global Satcom communications satellite (WGS-10) atop a United Launch Alliance Delta 4 rocket lifts off on Friday, Mar. 15, 2019 from Space Launch Complex-37B at Cape Canaveral (DoD Photo)

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…

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