Gogo is a leading provider of in-flight broadband connectivity and entertainment solutions, primarily serving the business aviation market. They offer a suite of services that integrate air-to-ground systems with satellite networks to provide consistent global connectivity. Following the acquisition of Satcom Direct, Gogo provides a range of connectivity solutions, utilizing both LEO and GEO satellite capacity, and partners with companies like OneWeb and Eutelsat. Key services include in-flight internet, voice solutions, and smart cabin systems for business and military aviation customers.
All verified mentions of this organization in source documents.
Gogo announced an agreement to use capacity on the upcoming Eutelsat-10B satellite after it launches in 2022.
Gogo narrowed its losses by 10% from 2018 while boosting free cash flow to $162.6 million, beating forecasts by $100,000,000.
Eutelsat-10B is planned to launch in 2022 and will include capacity for in-flight Wi-Fi with Gogo as an early customer.
Gogo secured a $30,000,000 revolving credit line that enables the company to maintain a minimum of about $100,000,000 in total liquidity.
Phasor is developing a flat panel antenna with in-flight connectivity provider Gogo that will be ready for testing by the end of 2019.
Phasor and Gogo partnered on flat, electronically steered antennas in 2016 and reached their initial core-technology performance objectives.
Gogo’s revised business goals include breaking even on free cash flow, cutting non-satellite commercial aviation spending by 20 percent, and shaving $200,000,000 in total cash burn by the end of 2020.
Gogo’s stock closed at $4.82 per share on the day before the 2018-07-13 investor call and its 52-week high was $14.76 per share.
Gogo has slightly over $1,000,000,000 in debt with $362,000,000 due in March 2020.
Gogo’s Thinkom-supplied 2Ku commercial aviation antennas are designed for compatibility with OneWeb capacity.
Gogo improved 2Ku antenna reliability from 84 percent during the winter to 97 percent as of May through software upgrades and hardware replacements.
Gogo is eliminating approximately 55 positions with intentions to reduce total personnel by around 30 percent by 2020.
Gogo reduced the number of one-off customized inflight connectivity projects from around 500 at the beginning of the year to 91 presently.
Gogo uses a system of towers for an air-to-ground (ATG) network to provide broadband to aircraft flying over the continental United States.