Gogo’s inflight connectivity is now flying on more than 3,000 aircraft – 1,100 aircraft with 2Ku, 300 with Ku and around 1,700 with its ATG systems.
But more importantly the company says it is on track to becoming profitable.
Gogo announced its fourth quarter and full-year 2018 financial results in February, showing consolidated revenue of $217.2 million, up 16% year-over-year, but with a net loss of $59.7 million.
John Wade, Gogo Executive Vice President and Chief Operating Officer, said: “We are on the right track to get to profitability – take rates are on the increase and we gave guidance for an extra 400-500 aircraft this year.
“We had a bump at the beginning of the year with the Government shutdown affecting our STCs, but that it is now behind us.”
Gogo also announced that Phasor has reached an important milestone on its enterprise-grade electronically steerable antennas (ESAs).
The say that their development partnership has achieved its initial core-technology performance objectives and will progress to the productisation phase. During the next phase, the technology will be packaged as an airborne terminal to address the commercial aviation market.
The antenna is solid-state, with no moving parts, eliminates several components associated with traditional connectivity solutions, and allows dual satellite signals to be tracked electronically.
The ESA can be flat or conformal and is designed to be well-suited for traditional geostationary (GSO) satellite networks, high throughput satellites (HTS), as well as non-geostationary(NGSO) satellite networks.
“Gogo is focused on continuing to add to our leading portfolio of technology solutions, which provides the highest quality Inflight Internet across the broadest range of aircraft types.
“We identified the promise of Phasor’s innovative solution due to a range of factors, including its multi-constellation capabilities and form factor,” said Oakleigh Thorne, CEO of Gogo.
“We see a number of potential applications for this technology, with initial applicability targeted at smaller commercial aviation aircraft. We are pleased with the progress to-date and look forward to continuing our partnership during the next development phase.”
“Gogo is a technology and services leader in the in-flight connectivity market, and we are very pleased to partner with them so that together we may address the growing demand for communications in the aeronautical broadband sector”, said David Helfgott, CEO of Phasor.
“We are grateful for Gogo’s ongoing support and confidence and look forward to progressing through the next stages of the programme together.”