"...In order to efficiently deliver power to a different part of a circuit without reflection, the impedances of all circuit elements need to be matched...." This is your **assumption**. And it is correct, **but not in the case of antennas**. Because in antennas, we have "reflection". Power applied to the feed point (in a dipole, for example) travels down to the end of the wire, and is reflected back to the feed point, where (if resonant) it will meet a voltage or current 180 degrees out of phase, thus canceling, and represented by the (so-called) standing wave. So, the applied power bounces back and forth in the antenna wire until all is radiated or lost as heat. So it does not matter if the antenna impedance is different than free space. What really matters, practically speaking, if the energy is reflected back into the transmitter and warms the final amp device, thus wasting the power/energy appliled. This happens when the impedance of the final amp does not match the antenna system (transmission line plus antenna). But once the antenna system is matched to the transmitter, almost all the energy will be transmitted to free space (except for resistance in the wire, which is usually negligible. Or so I am told. And to comment on the answer by Laurin Cavender WB4IVG: In theory, there is no difference between theory and practice.