11/04/2024 | Press release | Distributed by Public on 11/04/2024 06:02
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 LEOsystem.
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, 2024and 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.
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SOURCE Gogo Business Aviation