Welcome to our dedicated page for Gogo news (Ticker: GOGO), a resource for investors and traders seeking the latest updates and insights on Gogo stock.
Gogo Inc. reports developments tied to broadband connectivity services for business aviation and military/government aviation markets. Company updates commonly cover service revenue from connectivity subscriptions and usage, equipment revenue from air-to-ground and satellite systems, and the integration of Satcom Direct following the completed acquisition in December 2024.
Recurring news also includes product and network milestones for Gogo Galileo low-Earth-orbit satellite service, 5G air-to-ground connectivity, AVANCE and C-1 equipment, and the LTE upgrade of legacy ATG infrastructure. Announcements frequently address aircraft supplemental type certificates, fleet installations, government aviation certifications, customer deployments, debt reduction, and financial guidance.
Gogo Inc. (NASDAQ: GOGO) has appointed retired four-star General Mike Minihan to its Board of Directors, effective July 2, 2025, expanding the board from eight to nine members. This strategic appointment follows Gogo's acquisition of Satcom Direct and its entry into the military and government market.
General Minihan brings extensive experience from his 34-year military career, including his role as Commander of Air Mobility Command, where he led over 110,000 Airmen and managed a fleet of 1,100 aircraft. His expertise in global air operations and connectivity strategy, demonstrated through initiatives like the Air Mobility Command's '25 in 25' satcom program, will be crucial for Gogo's expansion in the military and government segment.
Gogo (NASDAQ: GOGO) has received FAA Supplemental Type Certification (STC) for its Gogo C1 line replaceable unit (LRU) across 42 aircraft models. The certification covers 70% of North American Gogo legacy air-to-ground (ATG) customer aircraft and ensures compatibility with Gogo's upcoming LTE network upgrade launching in May 2026.
The C1 LRU enables seamless transition from legacy ATG systems to the upgraded 850MHz Licensed LTE network, featuring dual-technology capability for automatic network switching. Gogo is offering a $35,000 installation incentive for completions before December 31, 2025, along with additional promotions for transitioning to Gogo AVANCE products.
Gogo (NASDAQ: GOGO) has received Parts Manufacturer Approval (PMA) from the FAA for its Gogo Galileo FDX antenna, marking a significant milestone in its rollout of advanced connectivity solutions. The FDX Electronically Steered Antenna (ESA) is designed for super-midsize and larger aircraft, offering high-speed broadband with speeds up to 195Mbps download and 32Mbps upload.
The antenna integrates with Gogo's AVANCE system and utilizes Eutelsat OneWeb's LEO satellite constellation. The system features simple installation, minimal downtime, and is optimized for multiple passengers using multiple devices simultaneously. Commercial service is expected to launch in late 2025.
Gogo has successfully completed flight testing of its Plane Simple Electronically Steered Antenna (ESA), demonstrating exceptional performance across five sorties and ten hours of flight. Working with MAG Aerospace, the tests validated gate-to-gate operations through various maneuvers including taxi, take-off, landing, and challenging flight patterns with bank movements up to 30 degrees.
The full-duplex ESA, developed with Gilat Satellite Networks, maintained stable connections supporting multiple devices simultaneously. Tests confirmed streaming capabilities for Netflix, YouTube 8K, Teams video conferencing, WhatsApp calls, email, and VPN access. The system was mounted using MAG Aerospace's Universal Adapter Plate on a Cessna Caravan.
The antenna, compatible with different radome types, is designed for platforms ranging from single-engine turboprops to executive airliners. Pre-production hardware manufacturing has begun, with production hardware delivery expected later in 2025 to support customer STCs.
Gogo Inc. (NASDAQ: GOGO), the leading global provider of broadband connectivity services for business aviation, military, and government markets, has scheduled the release of its first quarter 2025 financial results before market opening on May 9th, 2025.
The company will host a conference call with financial analysts at 8:30 a.m. (EST) on the same day. Investors and interested parties can access the live webcast through the Investor Relations section of Gogo's website at ir.gogoair.com.
FranklinCovey (NYSE: FC) has announced a significant leadership transition, with Stephen D. Young retiring as Chief Financial Officer after 23 years of service. Jessica G. Betjemann will assume the CFO role effective May 1, 2025.
Betjemann brings 30 years of experience to FC, most recently serving as EVP and CFO of Gogo Inc. At Gogo, she played key roles in the acquisition of Satcom Direct in 2024 and the sale of Gogo's Commercial Aviation division to Intelsat in 2020. Her previous experience includes senior positions at Nokia, Alcatel-Lucent, Lucent Technologies, and AT&T.
Young, who extended his service three years beyond his planned retirement date at the Board's request, will continue providing consulting services as a senior advisor during the transition period.
Gogo (NASDAQ: GOGO) has received FAA Supplemental Type Certificate (STC) approval for its Plane Simple® Ka-band tail mount terminal for Gulfstream GV and G550 aircraft. The certification was developed at Gulfstream's Savannah headquarters, adding to existing STCs for G650 and G650ER aircraft.
The terminal works with the SD Modem Unit and Gateway Router to provide high-speed broadband connectivity. Installation is available through authorized Gulfstream and Jet Aviation service centers. The company is working on additional STCs for G500 and G600 models, expected later this year.
The Ka-band antenna, compatible with Viasat GX satellites, is the first in business aviation designed to work with Viasat's next-generation satellites. These will enable dual polarity signals, doubling data transmission capacity for enhanced connectivity supporting video conferences and streaming.
Gogo Inc. (NASDAQ: GOGO) reported Q4 2024 financial results, including the impact of Satcom Direct acquisition closed on December 3, 2024. Total revenue reached $137.8 million, up 41% year-over-year, with service revenue of $118.8 million (up 47%) and equipment revenue of $19.0 million (up 12%).
The company posted a Q4 net loss of $28.2 million, compared to net income of $14.5 million in Q4 2023, primarily due to $46.8 million in pre-tax expenses related to the Satcom Direct acquisition. Adjusted EBITDA was $34.0 million.
Key operational metrics include 4,608 AVANCE aircraft online (up 16% YoY), record ARPU of $3,500, and 7,059 total ATG aircraft online. The company received FAA PMA authorization to ship Gogo Galileo HDX antenna starting Q1 2025.
2025 Guidance:
- Revenue: $870-910 million
- Adjusted EBITDA: $200-220 million
- Free Cash Flow: $60-90 million