Check out market updates

Satellite comms firm Skyloom opens Broomfield HQ

BROOMFIELD — Skyloom Global Corp., a satellite communications firm that shifted its center of gravity from Oakland, California to Broomfield in January, has settled into its new Colorado digs and is open for business.

Half of Skyloom’s new 23,000-square-foot headquarters in Broomfield’s Interlocken business park houses administration functions, while the other “will be used for design, testing, and assembly of optical communication terminals and optical communications satellites,” the company said in a news release.

“We are extremely proud to call Colorado our new home,” Skyloom chief operating officer Campbell Marshall said in the release. “This state, which has long been a center for American innovation, and this strategic move to expand our operations in Colorado will enable us to tap into the state’s highly skilled workforce and put us closer to both our key customers and suppliers as well as a vibrant entrepreneurial ecosystem. As we continue to grow and serve customers around the globe, we remain committed to strengthening our presence in Colorado and contributing to the state’s economic growth and technological advancement.”

Skyloom, with more than 100 workers and designs on roughly doubling its workforce in the next year or so, is developing technology that it describes as “orbital infrastructure for fiberless internet.”

Skyloom CEO Marcos Franceschin said company leaders “are thrilled to be in this exciting period of growth for Skyloom, but we recognize that it comes at a pivotal point when data transport and communications are becoming increasingly vital for businesses and society at large. With our cutting-edge technology and innovative approach, we are committed to leading the charge in improving data transport and making it more accessible, reliable, and secure. As we continue to expand our operations and serve our customers, we remain focused on our mission to transform the way people connect and communicate.”

The company has recently won several valuable contracts with government and military agencies, “which really drove the need to expand,” Eric Moltzau, Skyloom’s newly hired chief commercial officer, told BizWest in January. “The area around Broomfield has a lot of aerospace talent and a lot of talent with telecommunications backgrounds.”

Skyloom plans to tap into talent pipelines from local colleges such as the University of Colorado and Colorado State University, along with military personnel transitioning into the private sector.

Skyloom, as a space telecommunications company, appears to be a natural fit in the Boulder Valley, which is already home to a host of seemingly complementary organizations from satellite-imagery giant Maxar Technologies Inc. (NYSE: MAXR), to private space-travel technology developer Sierra Space Corp., to inflight-communications company Gogo Inc. (Nasdaq: GOGO).

“By 2030, billions of terabytes of data will need to be transmitted to, across, and from space. Skyloom provides fiberless optical communications at the speed of business,” Skyloom said. “The company’s planetary-scale solutions for ultra high-bandwidth communications unlock secure, high-capacity data transport for satellite-to-satellite, satellite-to-earth, and earth-to-satellite transmissions.”

Interconnectivity and communication is important, Moltzau said, whether you’re on a week-long cruise in the Caribbean or, perhaps in the not-too-distant future, on vacation at a privately operated space station. “With the expansion of space tourism, we’re going to need an expansion of the internet into a space internet to keep people connected and to conduct business.” 

Source: BizWest