Airborne Wireless Network (OTCQB: ABWN) is trading 7% higher after the company said it has applied and provided related documentation with the Federal Aviation Administration (FAA) for initial certification of the company’s “first-of-its-kind” civilian air-to-air communication system. “Airborne Wireless Network is making application for a Supplemental Type Certificate (STC) for a broadband transceiver system to be installed in Boeing 757-200 aircraft. This new patented broadband system will provide light weight, low power, low cost, microwave relay stations on equipped aircraft. The new system provides a chain of airborne repeaters providing communications along the entire flight paths. The purpose of the new project is to replace low-earth orbit (LEO) communication satellites with broadband wireless communications networks linking aircraft to aircraft and ground stations,” reads the company’s application cover letter.
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About Airborne Wireless Network
Airborne Wireless Network is developing a Wholesale Carrier Network that would be the first and only true airborne broadband pipeline, providing connectivity for worldwide broadband carrier services using commercial aircraft. For more information, visit www.airbornewirelessnetwork.com
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