While natural language is the de facto communication medium for LLM-based agents, it presents a fundamental constraint. The process of downsampling rich, internal latent states into discrete tokens inherently limits the depth and nuance of information that can be transmitted, thereby hindering collaborative problem-solving. Inspired by telepathy, which bypasses symbolic language in communication, we propose Interlat (Inter-agent Latent Space Communication), a paradigm that leverages the continuous last hidden states of an LLM as a representation of its thought for direct communication (termed "latent communication"). An additional learned compression process further compresses latent communication via latent space reasoning. Experiments demonstrate that Interlat outperforms both fine-tuned chain-of-thought (CoT) prompting and single-agent baselines, even across heterogeneous models, promoting more exploratory behavior and enabling genuine utilization of latent information. Further compression not only substantially accelerates inference by up to 24× but also maintains competitive performance through an efficient information-preserving mechanism. We position this work as a feasibility study of entirely latent space inter-agent communication, and our results highlight its potential, offering valuable insights for future research.