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Approval Clears Hurdle for Launch of Service that will Bring 20x Bandwidth Increase
CHICAGO, Aug. 24, 2015 /PRNewswire/ -- Gogo (NASDAQ: GOGO), the leading provider of in-flight connectivity, announced today that it has received the final Supplemental Type Certificate (STC) from the FAA required to launch Gogo's 2Ku next generation satellite connectivity service. The technology is currently installed on Gogo's 737-500 test plane and is now cleared for in-flight testing. Gogo expects to launch commercial service of its 2Ku technology later this year.
"This is a significant milestone for Gogo and a seminal event for in-flight Internet," said Gogo's chief technology officer, Anand Chari. "We believe this will be the best performing technology for the global commercial aviation market bar none. Clearing this regulatory hurdle brings us one step closer to enabling our airline partners and their passengers to enjoy the future of in-flight Internet."
Seven commercial airlines have signed up for either a trial or fleet deployment of 2Ku covering more than 500 commercial aircraft. Gogo expects to launch commercial service later this year and begin rapid installation of the backlog of 500 aircraft in 2016.
2Ku is expected to deliver peak speeds of more than 70 Mbps to the aircraft, which is more than 20 times the bandwidth provided by Gogo's first generation Air to Ground solution in the U.S. More information about this technology can be found here.
For more information on STCs, click here.
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 nearly 2,400 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 900 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
Media Relations Contact: | Investor Relations Contact: |
Steve Nolan | Varvara Alva |
312-517-6074 | 312-517-6460 |
pr@gogoair.com | ir@gogoair.com |
Logo - http://photos.prnewswire.com/prnh/20140902/142006
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/faa-clears-gogos-next-generation-in-flight-internet-technology-for-takeoff-300132215.html
SOURCE Gogo
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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