Press Releases
CHICAGO, Nov. 11, 2015 /PRNewswire/ -- Gogo (NASDAQ: GOGO), the global leader in providing broadband connectivity solutions and wireless entertainment to the aviation industry, hit a significant milestone this month as the company now has 2500 commercial aircraft flying with its connectivity solutions.
Out of the 2500 aircraft, more than 860 have been outfitted with the company's higher capacity air-to-ground solution – ATG-4 – and more than 150 aircraft are installed with its Ku-band satellite system. The company expects nearly 1,000 aircraft to be flying with ATG-4 by the end of this year, which represents close to 40 percent of all Gogo equipped aircraft.
"Increasing bandwidth to the aircraft is a big priority for us. What's notable about this milestone is the fact that we are not only increasing the number of aircraft with Gogo connectivity services, we are increasingly installing higher bandwidth solutions," added Michael Small, Gogo's president and CEO. "This milestone comes right before we get ready to launch our latest and greatest 2Ku technology to the world, which will further increase bandwidth to the aircraft."
Today, Gogo has more than 700 commercial aircraft in its backlog. A majority of those aircraft are set to receive Gogo's new 2Ku technology, which will significantly increase the amount of bandwidth to an aircraft.
"We've been extremely pleased with the performance of 2Ku in flight tests and believe it will be the best performing solution on the market," added Small. "As part of our testing, we've simultaneously streamed videos on more than 40 devices while providing a great browsing experience on numerous other devices."
You can find more information about this technology and track its progress towards commercial launch at gogo.to/2Ku.
About Gogo
Gogo is a leading global aero-communications service provider that offers in-flight Internet, entertainment, connected aircraft services for airline operations and a host of other communications-related services to the commercial and business aviation markets. Gogo has partnerships with 11 major commercial airlines and is now installed on more than 2,500 commercial aircraft. More than 6,800 business aircraft are also flying with its solutions, including the world's largest fractional ownership fleets. Gogo also is a factory option at every major business aircraft manufacturer.
Gogo has more than 1,000 employees and is headquartered in Chicago, IL, with additional facilities in Broomfield, CO, and various locations overseas. Connect with us at www.gogoair.com and business.gogoair.com
Safe Harbor Statement
Certain disclosures in this press release include certain "forward-looking statements" within the meaning of the federal securities laws that are based largely on our current expectations and reflect various estimates and assumptions by the Company. Forward-looking statements are subject to known and unknown risks, trends and uncertainties, many of which may be beyond our control, that could cause actual results and achievements to differ materially from those expressed in such forward-looking statements,.Such risks, trends and uncertainties include those 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 27, 2015. The words "may," "might," "will," "could" "should," "estimate," "project," "plan," "anticipate," "expect," "intend," "outlook," "seek," "designed," "assume," "implied," "believe" and similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on such forward-looking statements, which are being made as of the date of this press release. Any forward-looking information presented herein is made only as of the date of this press release and we undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
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