Market Capitalization (Millions $) |
1,114 |
Shares
Outstanding (Millions) |
130 |
Employees |
642 |
Revenues (TTM) (Millions $) |
405 |
Net Income (TTM) (Millions $) |
56 |
Cash Flow (TTM) (Millions $) |
91 |
Capital Exp. (TTM) (Millions $) |
24 |
Gogo Inc
Gogo Inc is an internet technology company based in Chicago, Illinois, with additional offices in Broomfield, Colorado; Greenville, South Carolina; and London, United Kingdom. The company specializes in providing in-flight broadband internet connectivity for business and commercial aviation worldwide.
Gogo Inc was founded in 1991 as Aircell and was primarily focused on providing air-to-ground communication systems for business aviation. The company shifted its focus to in-flight internet services in 2008, after successfully securing regulatory approval for air-to-ground internet services.
Gogo's primary product offerings include Gogo Business Aviation, Gogo Commercial Aviation, and Gogo 2Ku. Gogo Business Aviation targets private jet owners and operators, while Gogo Commercial Aviation targets airlines and their passengers. Gogo 2Ku, the company's most advanced offering, is a satellite-based internet connectivity package, making it possible for passengers to access high-speed internet and stream live television in-flight.
The company's in-flight connectivity solutions are enabled through the use of cutting-edge wireless technologies, such as Ku and Ka band satellite technologies,4 GHz and 5 GHz Wi-Fi, and 3G and 4G cellular technologies.
Gogo Inc has a range of partnerships with major airlines, including American Airlines, Delta Air Lines, United Airlines, and Emirates Airways. The company has also been selected by the U.S. Federal Aviation Administration (FAA) to provide internet connectivity on government-owned aircraft.
In recent years, the company has faced stiff competition from other in-flight connectivity providers, including ViaSat, Panasonic Avionics, and Inmarsat. To remain competitive, the company has invested heavily in research and development, acquiring new technologies and upgrading its existing infrastructure to deliver faster and more reliable in-flight connectivity.
As of 2021, Gogo Inc has a workforce of over 1,000 employees and generated $422 million in revenue in 2020. The company is publicly traded on the NASDAQ stock exchange under the ticker symbol GOGO.
Company Address: 105 Edgeview Dr Broomfield 80021
Company Phone Number: 301-3271 Stock Exchange / Ticker: NASDAQ GOGO
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