Duncan Aviation Orders 40 Gogo Galileo HDX Inflight Connectivity Systems
Gogo Inc. (NASDAQ:GOGO) received a prepaid order from Duncan Aviation for 40 Gogo Galileo HDX satellite connectivity systems. The agreement stands as Gogo's largest single order from a maintenance, repair, and overhaul provider so far this year. Duncan Aviation, a privately held business jet service provider, purchased the units in advance to secure hardware for upcoming aircraft installations.
The Galileo HDX system connects to Eutelsat OneWeb's low Earth orbit satellite network to deliver broadband connectivity to aircraft passengers and crew. Its compact electronically steered antenna allows installation on light jets and turboprops as well as larger cabin aircraft. By securing inventory ahead of time, Duncan Aviation aims to offer aircraft owners flexible installation schedules as demand for onboard internet grows.
Investors will likely monitor how efficiently Gogo delivers equipment through its supply chain and whether additional maintenance facilities place bulk orders for the Galileo platform. Following the announcement, Gogo shares rose 5.17% to $2.44.
Key points
- Duncan Aviation placed a prepaid order for 40 Gogo Galileo HDX satellite connectivity systems.
- The transaction represents Gogo's largest single maintenance, repair, and overhaul order of the year.
- The Galileo HDX system operates on Eutelsat OneWeb's low Earth orbit satellite network for global coverage.
- Gogo Inc. shares increased 5.17% to $2.44 following the announcement.
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How we writeDisclaimerQuestions and answers
What did Duncan Aviation order from Gogo?
Duncan Aviation placed a prepaid order for 40 Gogo Galileo HDX satellite connectivity systems, marking Gogo's largest MRO order this year.
What satellite network powers Gogo Galileo HDX?
Gogo Galileo HDX is powered by Eutelsat OneWeb's enterprise-grade low Earth orbit satellite network.
Which aircraft types can install the Gogo Galileo HDX antenna?
The compact electronically steered antenna can be installed on light jets, turboprops, and larger business aircraft.
