Press Release

BROOMFIELD, Colo., Feb. 24, 2022 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) has received Supplemental Type Certification (STC) and Parts Manufacturer Approval (PMA) from the FAA for its 5G aircraft antenna.

"Receiving STC and PMA for the 5G antenna marks the next important milestone in the development of Gogo 5G," said Sergio Aguirre, president of Gogo Business Aviation. "Our team has been hard at work to bring Gogo 5G to life and we remain on track and on budget to launch service in the second half of 2022."

The STC for the multiband belly-mounted 5G antenna was completed by Duncan Aviation on its company-owned Citation 560XLS. In November, Gogo also announced that Duncan Aviation is working to complete the first-article STC for the onboard 5G system.

Gogo's authorized dealers and OEM partners are actively pursuing multiple STCs that will certify the Gogo 5G system for installation on more than 30 business aircraft models.

Gogo 5G is expected to deliver ~25 Mbps on average with peak speeds in the 75-80 Mbps range and has been designed to deliver high throughput with very low latency to address the increasing demand for data-heavy interactive services like video conferencing.

About Gogo 
Gogo is the world's largest provider of broadband connectivity services to 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 Sept. 30, 2021, Gogo reported 2,237 business aircraft flying with Gogo's AVANCE L5 or L3 system installed, 6,154 aircraft flying with its ATG systems onboard, and 4,542 aircraft with narrowband satellite connectivity installed. Connect with us at business.gogoair.com. 

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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.

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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, 2020 as filed with the Securities and Exchange Commission ("SEC") on March 11, 2021 and our quarterly reports on Form 10-Q as filed with the SEC on May 6, 2021 and August 5, 2021.

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SOURCE Gogo Business Aviation