Verified facts grounded in source documentation.
SD Government (SDG), part of Gogo, won a new contract to deliver multi-band, multi-orbit airborne global satellite communications to a U.S. government agency.
Gogo will use proceeds from the sale of its Commercial Aviation business to pay down debt and invest in growth opportunities such as 0.005 kg for aircraft.
Gogo reported a net loss of $146,000,000 on $835,700,000 in 2019 revenue.
Eutelsat-10B is planned to launch in 2022 and will include capacity for in-flight Wi-Fi with Gogo as an early customer.