CHICAGO, Jan. 16, 2020 /PRNewswire/ -- Gogo (NASDAQ:
GOGO), the leading global provider of broadband connectivity
products and services for aviation, and Spanish satellite operator,
Hispasat, announced today a capacity agreement on Amazonas Nexus
satellite to meet the growing global demand for high-speed inflight
connectivity services.
Gogo has leased multi-gigahertz of Ku-band capacity onboard
Hispasat's new satellite, set to launch in the second half of 2022,
to provide service to its customers in the Americas and the
Atlantic region. Hispasat and Gogo worked closely to optimize the
satellite design to provide superior performance and capacity for
inflight connectivity.
Amazonas Nexus is a High Throughput Satellite (HTS) with an
innovative architecture that will replace the Amazonas 2 in the 61º
West position. The new satellite will have a payload specifically
dedicated to aero connectivity and will offer additional capacities
oriented to vertical segments like mobile connectivity, corporate
communications and cellular network deployment. It will feature an
advanced Digital Transparent Processor (DTP), a technological
breakthrough that will substantially increase satellite flexibility
when dealing with changes in demand.
"Amazonas Nexus will significantly enhance our Ku network over
the Americas and the Atlantic region, providing Gogo with scaled
capacity at the right economics," said Oakleigh Thorne, President and CEO of Gogo.
"Through our partnership with Hispasat, Gogo 2Ku will continue to
meet the growing demand for high-speed inflight connectivity."
"We are excited to support Gogo in providing the best service
for their global airline partners," said Miguel Ángel Panduro, CEO
of Hispasat. "This partnership demonstrates the important role
Hispasat will play in providing capacity for aerial services. The
inflight connectivity market is a growing segment for satellite
capacity, and this is one of the foundational elements for
Hispasat's future growth," Panduro concluded.
About Gogo
Gogo is the Inflight Internet Company. We are the leading
global provider of broadband connectivity products and services for
aviation. We design and source innovative network solutions that
connect aircraft to the Internet and develop software and platforms
that enable customizable solutions for and by our aviation
partners. Once connected, we provide industry leading
reliability around the world. Our mission is to help aviation go
farther by making planes fly smarter, so our aviation partners
perform better and their passengers travel happier.
You can find Gogo's products and services on thousands of
aircraft operated by the leading global commercial airlines and
thousands of private aircraft, including those of the largest
fractional ownership operators. Gogo is headquartered in
Chicago, IL with additional
facilities in Broomfield, CO and
locations across the globe. Connect with us at gogoair.com.
About Hispasat
HISPASAT, Red Eléctrica Group's communications satellite
operator, is a world leader in content distribution in Spanish and
Portuguese speaking countries and its satellite fleet is used by
important direct-to-home television (DTH) and high-definition
television (HDTV) digital platforms. HISPASAT also provides
satellite broadband and connectivity services, which include
broadband access, mobility and backhaul networks, in addition to
other added value solutions for governments, companies and
telecommunication operators in America, Europe and North
Africa. HISPASAT –which is comprised of companies that have
a presence in Spain as well as in
Latin America, where its Brazilian
affiliate HISPAMAR is based– is one of the world's largest
companies in its sector in terms of revenue, and the main
communications bridge between Europe and the Americas. www.hispasat.es
Cautionary Note Regarding Forward-Looking Statements
Certain disclosures in this press release include
"forward-looking statements" that are based on management's beliefs
and assumptions and on information currently available to
management. Most forward-looking statements contain words that
identify them as forward-looking, such as "anticipates,"
"believes," "continues," "could," "seeks," "estimates," "expects,"
"intends," "may," "plans," "potential," "predicts," "projects,"
"should," "will," "would" or similar expressions and the negatives
of those terms that relate to future events. You are cautioned
not to place undue reliance on these forward-looking statements,
which speak only as of the date of this press release and Gogo
undertakes no obligation to update or revise publicly any such
forward-looking statements, whether as a result of new information,
future events or otherwise. These forward-looking statements
are based on estimates and assumptions by our management that,
although we believe to be reasonable, are inherently
uncertain. Important factors that could cause actual results,
developments and business decisions to differ materially from these
forward-looking statements include the uncertainties described
under the heading "Risk Factors" in the Company's Annual Report on
Form 10-K filed with the U.S. Securities and Exchange
Commission on February 21, 2019 and Quarterly Reports on
Form 10-Q filed with the U.S. Securities and Exchange Commission
on August 8, 2019 and November 7,
2019.
Media Relations
Contact:
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Investor Relations
Contact:
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Katie
Mahoney
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William
Davis
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+1
312-517-6058
|
+1
312-517-5725
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kmahoney@gogoair.com
|
ir@gogoair.com
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SOURCE Gogo