Textron Aviation Selects Gogo Galileo HDX for Factory Installation on Cessna Citation Longitude, Latitude and Ascend
Gogo Business Aviation announced that Textron Aviation will install Gogo's global Low-Earth-Orbit (LEO) solution, Gogo Galileo HDX, as a factory option for the Cessna Citation Longitude, Citation Latitude and Citation Ascend business jets. Textron Aviation is the first business aviation OEM to offer Gogo Galileo HDX from the factory, providing a global connectivity solution with market-leading performance for its operators.
Gogo Galileo is built on Gogo's AVANCE platform with a fuselage-mounted HDX antenna, designed to be small enough for business jets. The system is more affordable and easier to install and operate than other satellite systems. Gogo Galileo HDX is expected to launch commercially in the fourth quarter of 2024, with Textron Aviation's integration of the HDX antenna in progress for all three Citations.
Gogo Business Aviation ha annunciato che Textron Aviation installerà la soluzione globale Low-Earth-Orbit (LEO) di Gogo, Gogo Galileo HDX, come opzione di fabbrica per i jet da affari Cessna Citation Longitude, Citation Latitude e Citation Ascend. Textron Aviation è il primo OEM di aviazione di affari a offrire Gogo Galileo HDX direttamente dalla fabbrica, fornendo una soluzione di connettività globale con prestazioni leader di mercato per i suoi operatori.
Gogo Galileo è costruito sulla piattaforma AVANCE di Gogo con un'antenna HDX montata sulla fusoliera, progettata per essere sufficientemente piccola per i jet da affari. Il sistema è più economico e più facile da installare e gestire rispetto ad altri sistemi satellitari. Gogo Galileo HDX è previsto per il lancio commerciale nel quarto trimestre del 2024, con l'integrazione dell'antenna HDX da parte di Textron Aviation in corso per tutti e tre i Citation.
Gogo Business Aviation anunció que Textron Aviation instalará la solución global de órbita baja terrestre (LEO) de Gogo, Gogo Galileo HDX, como opción de fábrica para los jets de negocios Cessna Citation Longitude, Citation Latitude y Citation Ascend. Textron Aviation es el primer OEM de aviación de negocios en ofrecer Gogo Galileo HDX desde fábrica, proporcionando una solución de conectividad global con un rendimiento líder en el mercado para sus operadores.
Gogo Galileo se basa en la plataforma AVANCE de Gogo, con una antena HDX montada en el fuselaje, diseñada para ser lo suficientemente pequeña para los jets de negocios. El sistema es más asequible y más fácil de instalar y operar que otros sistemas de satélite. Se espera que Gogo Galileo HDX se lance comercialmente en el cuarto trimestre de 2024, con la integración de la antena HDX por parte de Textron Aviation en curso para los tres Citation.
고고 비즈니스 항공은 텍스트론 항공이 고고의 글로벌 저궤도 (LEO) 솔루션인 고고 갈릴레오 HDX를 세스나 시타이션 론지튜드, 시타이션 라티튜드 및 시타이션 어센드 비즈니스 제트기를 위한 공장 옵션으로 설치할 것이라고 발표했습니다. 텍스트론 항공은 공장에서 고고 갈릴레오 HDX를 제공하는 최초의 비즈니스 항공 OEM으로, 운영자에게 시장 선도적인 성능을 갖춘 글로벌 연결 솔루션을 제공합니다.
고고 갈릴레오는 고고의 AVANCE 플랫폼을 기반으로 하며, 비즈니스 제트기에 적합할 만큼 작은 fuselage-mounted HDX 안테나를 설계했습니다. 이 시스템은 다른 위성 시스템에 비해 설치 및 운영이 더 저렴하고 쉽게 이루어집니다. 고고 갈릴레오 HDX는 2024년 4분기에 상업적으로 출시될 것으로 예상되며, 텍스트론 항공의 HDX 안테나 통합이 세 가지 시타이션 모두에 대해 진행 중입니다.
Gogo Business Aviation a annoncé que Textron Aviation installera la solution globale Low-Earth-Orbit (LEO) de Gogo, Gogo Galileo HDX, en tant qu'option de fabrication pour les jets d'affaires Cessna Citation Longitude, Citation Latitude et Citation Ascend. Textron Aviation est le premier OEM d'aviation d'affaires à offrir Gogo Galileo HDX directement d'usine, fournissant une solution de connectivité globale avec des performances de pointe pour ses opérateurs.
Gogo Galileo est construit sur la plateforme AVANCE de Gogo avec une antenne HDX montée sur fuselage, conçue pour être suffisamment petite pour les jets d'affaires. Le système est plus abordable et plus facile à installer et à utiliser que d'autres systèmes satellites. Gogo Galileo HDX devrait être commercialisé au quatrième trimestre 2024, avec l'intégration de l'antenne HDX par Textron Aviation en cours pour les trois Citation.
Gogo Business Aviation hat angekündigt, dass Textron Aviation die globale Low-Earth-Orbit (LEO) Lösung von Gogo, Gogo Galileo HDX, als Werkoption für die Cessna Citation Longitude, Citation Latitude und Citation Ascend Geschäftsreiseflugzeuge installieren wird. Textron Aviation ist der erste OEM der Geschäftsaviation, der Gogo Galileo HDX ab Werk anbietet und eine globale Konnektivitätslösung mit marktführender Leistung für seine Betreiber bereitstellt.
Gogo Galileo basiert auf der AVANCE-Plattform von Gogo mit einer fuselage-montierten HDX-Antenne, die so klein gestaltet ist, dass sie für Geschäftsreiseflugzeuge geeignet ist. Das System ist kostengünstiger und einfacher zu installieren und zu betreiben als andere Satellitensysteme. Gogo Galileo HDX wird voraussichtlich im vierten Quartal 2024 kommerziell eingeführt, wobei die Integration der HDX-Antenne durch Textron Aviation für alle drei Citation-Modelle im Gange ist.
- Textron Aviation selects Gogo Galileo HDX for factory installation on three Citation models
- First business aviation OEM to offer Gogo Galileo HDX from the factory
- Gogo Galileo HDX provides global connectivity with market-leading performance
- Gogo Galileo is more affordable and easier to install than other satellite systems
- Commercial launch of Gogo Galileo HDX on track for Q4 2024
- None.
Insights
Gogo's selection by Textron Aviation for factory installation of Galileo HDX on multiple Citation models is a significant win for Gogo in the business aviation connectivity market. This deal positions Gogo as a leader in LEO satellite connectivity for business jets, potentially increasing their market share and revenue streams.
The AVANCE platform integration makes Galileo HDX more cost-effective and easier to install than competing systems, which could drive adoption. The system's compatibility with smaller jets expands Gogo's addressable market. With the commercial launch expected in Q4 2024, this partnership could provide a substantial boost to Gogo's business aviation segment in the coming years.
However, investors should note that the full financial impact will depend on Textron's sales volumes and customer uptake of the Galileo HDX option. The success of this partnership could also attract other OEMs, potentially leading to more factory installation deals for Gogo in the future.
This partnership with Textron Aviation represents a strategic move for Gogo to secure its position in the business aviation connectivity market. Being the first OEM to offer Gogo Galileo HDX from the factory gives Gogo a competitive advantage and could lead to increased market penetration.
While specific financial terms aren't disclosed, this deal likely means a steady revenue stream for Gogo as new Citations are delivered with their system installed. It also opens up opportunities for recurring service revenue from operators using the Galileo HDX system.
Investors should watch for potential impacts on Gogo's future earnings reports, particularly in the business aviation segment. The success of this partnership could drive growth in equipment sales and service revenues. However, it's important to consider that the full financial benefits may not be realized until after the commercial launch in Q4 2024 and will depend on Textron's production rates and customer demand for the connectivity option.
Textron Aviation is the First Business Aviation OEM to Announce Production Use of Gogo Galileo HDX
Textron Aviation, a Textron Inc. (NYSE:TXT) company, is the first business aviation OEM to offer Gogo Galileo HDX from the factory, securing a truly global connectivity solution with market-leading performance for its operators.
Gogo Galileo is built on Gogo's best-selling AVANCE platform with a fuselage-mounted HDX antenna, designed to be small enough for business jets. With AVANCE at the heart of the system, Gogo Galileo is more affordable and easier to install and operate than other satellite systems operating today.
"We are honored to work with Textron Aviation to deliver Gogo Galileo HDX to its customers" said Sergio Aguirre, president and COO of Gogo. "Designed specifically for small to super midsize aircraft, the HDX antenna offers passengers a great inflight Wi-Fi experience."
Gogo Galileo HDX remains on track for expected commercial launch in the fourth quarter of 2024. Textron Aviation's integration of the HDX antenna is in work for all three Citations.
About Gogo
Gogo is a leading provider of broadband connectivity services for 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 June 30, 2024, Gogo reported 7,031 business aircraft flying with its broadband ATG systems onboard, 4,215 of which are flying with a Gogo AVANCE L5 or L3 system; and 4,247 aircraft with narrowband satellite connectivity installed. Connect with us at www.gogoair.com.
About Textron Aviation
We inspire the journey of flight. For more than 95 years, Textron Aviation has empowered our collective talent across the Beechcraft, Cessna and Hawker brands to design and deliver the best aviation experience for our customers. With a range that includes everything from business jets, turboprops, and high-performance pistons, to special mission, military trainer and defense products, Textron Aviation has the most versatile and comprehensive aviation product portfolio in the world and a workforce that has produced more than half of all general aviation aircraft worldwide. Customers in more than 170 countries rely on our legendary performance, reliability and versatility, along with our trusted global customer service network, for affordable, productive and flexible flight.
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"), timing of aircraft certifications for Global Broadband equipment, and Global Broadband performance. 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; our ability to deliver the expected performance capabilities of any new technology, including, without limitation, Global Broadband; 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.
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SOURCE Gogo Business Aviation
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