BROOMFIELD, Colo., Nov. 4, 2024
/PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO)
announced today that its Gogo Galileo HDX electronically steerable
antenna (ESA), designed to provide access to Low Earth Orbit (LEO)
satellite networks for all sizes of business aircraft, has passed
FAA-mandated DO-160 qualification testing.
"Passing DO-160 keeps us on track to receive the first-article
Supplemental Type Certificate (STC) and commercially launch Gogo
Galileo later this year," said Jeremy
Tyler, vice president of airborne product engineering for
Gogo.
DO-160 testing ensures the Gogo Galileo HDX antenna is safe for
use in the harsh environmental conditions encountered in flight,
including temperature volatility, intense vibration, radio wave
penetration, lightning strike, moisture penetration and flight
aerodynamics, among others.
Gogo developed the HDX, capable of peak speeds approaching 60
Mbps, in partnership with Hughes Network Systems, LLC, an EchoStar
company (NASDAQ: SATS). In the second quarter of 2025, Gogo plans
to deliver Gogo Galileo FDX for larger aircraft, capable of peak
speeds approaching 200 Mbps.
Gogo's dealers are receiving unprecedented demand for Gogo
Galileo HDX and have contracted to complete 27 STCs covering a
total addressable market of more than 18,000 aircraft globally.
Gogo Galileo will connect to the enterprise-grade Eutelsat
OneWeb LEO satellite network which is designed for mobility to
deliver consistent performance with low variability across all
routes around the Globe.
Gogo is accepting purchase orders for the HDX, which is designed
to be a faster and lower-cost upgrade to any AVANCE system (AVANCE
L3, L5, LX5, SCS) than installing a new competitive ESA LEO system.
About Gogo Business Aviation
Gogo is a leading
provider of broadband connectivity services for the business
aviation market. We offer a customizable suite of smart cabin
systems for highly integrated connectivity, inflight entertainment,
and voice solutions. Gogo's products and services are installed on
thousands of business aircraft of all sizes and mission types from
turboprops to the largest global jets, and are utilized by the
largest fractional ownership operators, charter operators,
corporate flight departments and individuals.
As of June 30, 2024, Gogo reported 7,031 business aircraft
flying with its broadband ATG systems onboard, 4,215 of which are
flying with a Gogo AVANCE L5 or L3 system; and 4,247 aircraft with
narrowband satellite connectivity installed. Connect with us at
www.gogoair.com.
Cautionary Note Regarding Forward-Looking Statements
Certain disclosures in this press release include
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements include, without limitation, statements regarding our
business outlook, industry, business strategy, plans, goals and
expectations concerning our market position, international
expansion, future technologies, future operations, margins,
profitability, future efficiencies, capital expenditures, liquidity
and capital resources, and other financial and operating
information. When used in this discussion, the words "anticipate,"
"assume," "believe," "budget," "continue," "could," "estimate,"
"expect," "intend," "may," "plan," "potential," "predict,"
"project," "should," "will," "future" and the negative of these or
similar terms and phrases are intended to identify forward-looking
statements in this press release.
Forward-looking statements are based on our current
expectations regarding future events, results or outcomes,
including the launch of Gogo Galileo LEO global broadband service
("Global Broadband"), timing of aircraft certifications for Global
Broadband equipment, and Global Broadband performance. These
expectations may or may not be realized. Although we believe the
expectations reflected in the forward-looking statements are
reasonable, we can give you no assurance these expectations will
prove to have been correct. Some of these expectations may be based
upon assumptions, data or judgments that prove to be incorrect.
Actual events, results and outcomes may differ materially from our
expectations due to a variety of known and unknown risks,
uncertainties and other factors. Although it is not possible to
identify all of these risks and factors, they include, among
others, our ability to develop and deploy Global Broadband; our
ability to deliver the expected performance capabilities of any new
technology, including, without limitation, Global Broadband; and
other events beyond our control that may result in unexpected
adverse operating results.
Additional information concerning these and other factors can
be found under the caption "Risk Factors" in our annual report on
Form 10-K for the year ended December 31,
2023, as filed with the Securities and Exchange Commission
on February 28, 2024 and in
subsequent quarterly reports on Form 10-Q as filed with the
SEC.
Any one of these factors or a combination of these factors
could materially affect our financial condition or future results
of operations and could influence whether any forward-looking
statements contained in this report ultimately prove to be
accurate. Our forward-looking statements are not guarantees of
future performance, and you should not place undue reliance on
them. All forward-looking statements speak only as of the date made
and we undertake no obligation to update or revise publicly any
forward-looking statements, whether as a result of new information,
future events or otherwise.
Media Relations Contact:
|
Investor Relations Contact:
|
Caroline
Bosco
|
William
Davis
|
+1
312-517-6127
|
+1
917-519-6994
|
cbosco@gogoair.com
|
wdavis@gogoair.com
|
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SOURCE Gogo Business Aviation