OneWeb Completes Global Broadband LEO
Network
Gogo and Hughes Network Systems Execute on
Antenna Design
BROOMFIELD, Colo., May 15, 2023
/PRNewswire/ -- Gogo Business Aviation's (NASDAQ: GOGO) global
Low Earth Orbit (LEO) broadband service has gained momentum with
significant program achievements by Gogo and strategic partners,
OneWeb and Hughes Network Systems, LLC, an EchoStar (NASDAQ: SATS)
Company.
Gogo's LEO satellite network provider, OneWeb, completed the
launch of its LEO constellation with more than 588 satellites in
orbit at the end of March, and is expected to be operational and
aero-ready in the first quarter of 2024, with Gogo's global
broadband service coming online in the second half of 2024.
Gogo and its antenna provider, Hughes, completed preliminary
design review of Gogo's exclusive electronically steerable antenna
(ESA) assembly in February, bringing Gogo one step closer to
realizing its vision of delivering an order-of-magnitude
improvement in inflight connectivity performance for all sizes of
aircraft around the globe, many of which have no viable broadband
solution today.
"Because we have strong partners in OneWeb and Hughes we're
ahead of schedule, and we continue to make tremendous progress on
the development of the system components," said Sergio Aguirre, Gogo's president and chief
operating officer. "Gogo's global broadband service will deliver
best-in-class global performance that is faster, smaller, more
affordable, and easier to install than other global satellite
solutions."
Customers interested in harnessing the power of Gogo's LEO and
ESA technology can pre-provision their aircraft now by installing
an AVANCE system, and once Gogo global broadband launches, will
only need to add the antenna.
With Gogo's already extensive portfolio of products and
services, unparalleled industry expertise and global customer
service, the commercial launch of Gogo's LEO solution will complete
the company's holistic offering with a product to serve every
segment and every customer of the business aviation market,
including the almost 30,000 business jets worldwide flying without
broadband connectivity today.
Gogo will be participating in the 2023 European Business
Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, the week of May 22, sharing more updates on its LEO-based
global broadband service.
To receive updates on our progress and be among the first to
know when it's available, sign up to get updates here and view
our Gogo Global LEO Broadband milestone tracker.
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, 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 March 31, 2023, Gogo
reported 3,447 business aircraft flying with Gogo's AVANCE L5 or L3
system installed, 7,046 aircraft flying with its ATG systems
onboard, and 4,485 aircraft with narrowband satellite connectivity
installed. Connect with us at 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 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,
in-flight service providers, mobile network operators and military
customers. A managed network services provider, Hughes supports
half a million enterprise sites with its HughesON™ portfolio of
wired and wireless solutions. To learn more, visit
http://www.hughes.com or follow HughesConnects on Twitter and
LinkedIn.
About OneWeb
OneWeb is a global communications network
powered from space, headquartered in London, enabling connectivity for
governments, businesses, and communities. It is
implementing a constellation of Low Earth Orbit satellites with a
network of global gateway stations and a range of user terminals to
provide an affordable, fast, high-bandwidth and low-latency
communications service, connected to the IoT future and a pathway
to 5G for everyone, everywhere. Find out more
at http://www.oneweb.world
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 and financial outlook, capital allocation strategy and
plans 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 reflect our current expectations
regarding future events, results or outcomes. 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, the impact of
increases in interest rates; our ability to continue to generate
revenue from the provision of our connectivity services; our
ability to evaluate or pursue strategic opportunities; our ability
to develop and deploy Gogo 5G, Global Broadband or other next
generation technologies; the impact of our indebtedness;
limitations and restrictions in the agreements governing our
current and future indebtedness and our ability to service our
indebtedness; fluctuations in our operating results; 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,
2022 as filed with the Securities and Exchange Commission on
February 28, 2023, and in our
quarterly report on Form 10-Q as filed with the SEC on May 3, 2023.
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
|
View original
content:https://www.prnewswire.com/news-releases/gogo-global-leo-broadband-service-gains-momentum-with-significant-program-achievements-301824636.html
SOURCE Gogo Business Aviation