Ligado’s biggest investors are JPMorgan, Centerbridge, and Fortress. David Redl, the former head of the NTIA, supported Ligado’s mission while the GPS (part of

Ligado’s biggest investors are JPMorgan, Centerbridge, and Fortress. David Redl, the former head of the NTIA, supported Ligado’s mission while the GPS (part of DoD but also co-run by the DOT) was against it for as long as this issue existed. The FCC pushed this through because Ajit Pai is retiring at the end of the year (regardless if Trump wins) and wants a legacy of approving more commercial uses of spectrum.