Gogo Galileo Remains on Track for Commercial
Launch Later This Year
BROOMFIELD, Colo., March 28,
2024 /PRNewswire/ -- Gogo Business Aviation (NASDAQ:
GOGO) today announced it has achieved another important milestone
with its Gogo Galileo global broadband service completing
end-to-end connectivity using the HDX antenna on the fully deployed
Eutelsat OneWeb Low Earth Orbit (LEO) satellite network.
Gogo Galileo remains on track for commercial launch later this
year.
In February, Gogo received the first fully constructed
engineering prototype of the HDX antenna from Hughes Network
Systems, LLC (HUGHES), an EchoStar company (NASDAQ: SATS), which is
designed to be small enough to fit on virtually any size business
aircraft, and immediately began software integration and validation
testing at its Broomfield, Colo.,
headquarters.
"Gogo Galileo HDX stands to revolutionize business aviation
inflight connectivity by delivering a solution fit for aircraft of
all sizes, especially small jets, which have limited options today,
and no broadband options outside North
America" said Sergio Aguirre,
president and COO for Gogo. "We remain on track to deliver this
game-changing technology later this year."
Flight testing with the HDX terminal will begin this summer with
certification and commercial launch expected later this year.
"Today's passengers demand exceptional connectivity while
traveling, even while flying," said Reza
Rasoulian, vice president, Hughes. "The ability to provide
secure and reliable connectivity globally is a critical need in the
industry and Hughes is proud to be a partner in bringing Gogo
Galileo to market."
Commenting on the milestone, Jason
Sperry, head of business aviation for Eutelsat OneWeb said:
"This successful test of the Gogo Galileo HDX on the Eutelsat
OneWeb network is a meaningful milestone, and extremely timely
ahead of our launch of aviation connectivity services later this
year. Our LEO constellation is fully deployed, and we are
finalizing the ground infrastructure to deliver seamless, low
latency and high-performance broadband connectivity to business
jets no matter where they fly."
Learn more in this short video about this milestone from
one of Gogo's product development experts.
About Gogo
Gogo is the world's largest provider
of broadband connectivity services for the business aviation
market. We offer a customizable suite of smart cabin systems for
highly integrated connectivity, in-flight 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 December 31, 2023, Gogo
reported 7,205 business aircraft flying with its broadband ATG
systems onboard, 3,976 of which are flying with a Gogo AVANCE L5 or
L3 system; and 4,341 aircraft with narrowband satellite
connectivity installed. Connect with us at www.gogoair.com.
About Hughes
Hughes Network Systems, LLC, an EchoStar
(NASDAQ: SATS) company, provides broadband equipment and services;
managed services featuring smart, software-defined networking; and
end-to-end network operation for millions of consumers, businesses,
governments, airlines, and communities worldwide. The Hughes
flagship internet service, Hughesnet®, connects millions of people
across the Americas, and the Hughes JUPITER™ System powers internet
access for tens of millions more worldwide. Hughes supplies more
than half the global satellite terminal market to leading satellite
operators, mobile network operators and military customers. Hughes
products and services have helped bring in-flight video and
broadband to thousands of aircraft for over twenty years. A managed
network services provider, Hughes supports approximately half a
million enterprise sites with its HughesON™ portfolio of wired and
wireless solutions. To learn more, visit https://www.hughes.com/ or
follow HughesConnects on X (Twitter) and LinkedIn.
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. 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 Gogo Galileo; our ability to deliver the expected
performance capabilities of any new technology, including, without
limitation, Gogo Galileo; 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:
|
Dave
Mellin
|
William
Davis
|
+1
720-840-4788
|
+1
917-519-6994
|
dmellin@gogoair.com
|
wdavis@gogoair.com
|
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SOURCE Gogo Business Aviation