BROOMFIELD, Colo., Sept. 12,
2023 /PRNewswire/ -- Gogo Business Aviation's
(NASDAQ: GOGO) AVANCE L5 system with
full Gogo 5G provisioning is now available to Dassault Falcon Jet
Service Center customers for popular models of its Falcon business
jets.
Dassault designs, manufactures, and supports more than 2,000
Falcons in service of which more than 500 are harnessing the power
of AVANCE L5 which provides an easy upgrade path to new
technologies like Gogo 5G.
"Gogo 5G was designed with our customers in mind to deliver high
throughput with low latency, addressing the increased demand for
data-heavy services and applications," said Dave Salvador, Gogo's vice president of
aftermarket sales. "Dassault's investment in Gogo 5G provisions and
STC development is a critical component in bringing this
game-changing network technology to the market."
Customers who choose to upgrade to AVANCE L5 now will experience
an immediate performance boost and will be provisioned for Gogo 5G
when it launches. During 5G provisioning, aircraft will be
installed with a Gogo AVANCE L5 system and two belly-mounted
multiband (MB13) antennas. The system will operate on the Gogo Biz
4G network until the AVANCE LX5 single box LRU – fully integrated
with Gogo 5G connectivity – is available for installation in
mid-year 2024.
Dassault will secure full Gogo 5G and AVANCE LX5 Supplemental
Type Certifications (STCs) once the 5G service is available.
Gogo is offering significant savings up to $50,000 for customers looking to upgrade or
install AVANCE L5 now in preparation for AVANCE LX5 and Gogo 5G
availability.
About Gogo
Gogo is the world's largest 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, 2023, Gogo reported
7,064 business aircraft flying with its ATG systems onboard, 3,598
of which are flying with a Gogo AVANCE L5 or L3 system; and 4,433
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 and financial outlook, capital allocation strategy and
plans 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 reflect our current expectations
regarding future events, results or outcomes. 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, the impact of
increases in interest rates; our ability to continue to generate
revenue from the provision of our connectivity services; our
ability to evaluate or pursue strategic opportunities; our ability
to develop and deploy Gogo 5G, Global Broadband or other next
generation technologies; our ability to deliver the expected
performance capabilities of any new technology; the impact of our
indebtedness; limitations and restrictions in the agreements
governing our current and future indebtedness and our ability to
service our indebtedness; fluctuations in our operating results;
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,
2022, as filed with the Securities and Exchange Commission
on February 28, 2023, and in our
quarterly reports on Form 10-Q as filed with the SEC on
May 3, 2023 and August 7, 2023.
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.
Media Relations Contact:
|
Investor Relations Contact:
|
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Caroline Bosco
|
William
Davis
|
|
+1
312-517-6127
|
+1
917-519-6994
|
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cbosco@gogoair.com
|
wdavis@gogoair.com
|
|
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SOURCE Gogo Business Aviation