OTA Successfully Used 1,000 Times; Slashing
Software Upgrade Time by 83 Percent
BROOMFIELD, Colo., June 27,
2024 /PRNewswire/ -- Gogo Business Aviation (NASDAQ:
GOGO) today announced that more than 1,000 successful AVANCE system
software updates have been completed globally using Gogo's
over-the-air (OTA) feature.
Consistent with the company's mission of driving efficiencies
for operators, OTA replaces the USB kit method – requiring fleet
operators to go plane to plane for each update – with a remote,
hands-free process that can be deployed for all aircraft
simultaneously.
In addition to benefits like OTA, the AVANCE platform has been
intentionally designed to provide easy upgrade paths to new
technologies and networks, like Gogo Galileo, Gogo's Low Earth
Orbit (LEO) satellite solution for global connectivity, and Gogo 5G
for North American operators.
"OTA addresses the largest problem we've heard from our fleet
customers: updating aircraft positioned around the world. OTA
eliminates this logistical issue and makes access to our most
up-to-date and value-add features easier than ever," said
Sanjeev Nagpal, senior vice
president of product management for Gogo.
As Gogo readies for the anticipated launch of its Gogo Galileo
and Gogo 5G products, OTA will also expand to support antenna
software updates.
OTA was launched in conjunction with AVANCE software update v4.4
and has become the fastest-adopted software update in Gogo's
30-year history. Accessible at customer's fingertips in Gogo DASH –
an app-based toolkit exclusively available to AVANCE customers –
and when used with a Gogo Cloudport, slashes upgrade time by 83
percent.
Current AVANCE customers can reference this step-by-step
video for more information on using the Gogo DASH Equipment
Maintenance app to upgrade their AVANCE platform software over the
air, and can read this article for more information and OTA
testimonials.
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,
in-flight 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 March 31, 2024, Gogo
reported 7,136 business aircraft flying with its broadband ATG
systems onboard, 4,110 of which are flying with a Gogo AVANCE L5 or
L3 system; and 4,285 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 outlook, industry, business strategy, plans, goals and
expectations concerning our market position, international
expansion, future technologies, future operations, margins,
profitability, future efficiencies, capital expenditures, liquidity
and capital resources, 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 are based on our current
expectations regarding future events, results or outcomes,
including the launch of Gogo Galileo LEO global broadband service
("Global Broadband") and Gogo 5G. 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, our ability to develop and
deploy Global Broadband and Gogo 5G; our ability to deliver the
expected performance capabilities of any new technology, including,
without limitation, Global Broadband and Gogo 5G; 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,
2023, as filed with the Securities and Exchange Commission
on February 28, 2024 and in
subsequent quarterly reports on Form 10-Q as filed with the
SEC.
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:
|
Caroline Bosco
|
William
Davis
|
+1
312-517-6127
|
+1
917-519-6994
|
cbosco@gogoair.com
|
wdavis@gogoair.com
|
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SOURCE Gogo Business Aviation