AeroSat gets $14M for Internet on the plane

Ever since the advent of the cellphone, along with ubiquitous public WiFi and mobile email, airplanes have served as the last place busy execs can relax, switch off and drop out of communication. AeroSat would like to change that.

AeroSat is an Amherst, NH company that makes plane-mounted antennae that can deliver Internet and cell access to passengers. The antennae can communicate with ground-based stations, or with others mounted on (relatively) nearby aircraft.

The firm says it has already gotten contracts from several airlines, and installed the systems on over 30 types of aircraft.

The $14 million funding was provided to AeroSat by existing investors CAI Managers & Co. and AeroEquity, and new investor PAR Capital Management.

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Tags: deal