GOGO to Transform In-Flight Connectivity for Business Aviation

Company Developments - Gogo Inc has successfully established end-to-end connectivity through its Gogo Galileo global broadband service, utilizing the HDX antenna on the Eutelsat OneWeb Low Earth Orbit satellite network [1] - The commercial launch of Gogo Galileo is scheduled for later this year, aiming to enhance in-flight connectivity for business aviation, particularly for small jets [1] - Flight testing with the HDX terminal is set to begin in the summer, with certification and commercial launch expected later in the year [1] Industry Insights - The global in-flight entertainment and connectivity market was valued at $5.96 billion in 2022 and is projected to grow at a CAGR of 8.4% from 2023 to 2030, driven by increasing demand for onboard wireless connectivity solutions [2] - Gogo is also advancing its 5G software, with virtual flight simulation testing underway, and expects to launch Gogo 5G later this year [2] Performance Metrics - Gogo 5G is expected to outperform rival geosynchronous satellite or air-to-ground options, with peak speeds of 75-80 Mbps and average speeds around 25 Mbps, catering to the demand for data-intensive services [3] - Gogo's shares have decreased by 39.3% over the past year, contrasting with the sub-industry's growth of 7.5% [3]