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BROOMFIELD, Colo. - Switzerland-based QCM Design has received European Union Aviation Safety Agency (EASA) approval for a Supplemental Type Certificate (STC) for Gogo’s (NASDAQ:GOGO) Galileo HDX Antenna, according to a press release statement. The aviation connectivity provider, currently valued at $1.19 billion with annual revenue of $694.67 million, continues to expand its market presence. According to InvestingPro analysis, the company maintains a healthy gross margin of 51.04%.
The STC, developed in collaboration with Germany’s ACC Columbia Jet Service, supports retrofit installation on Bombardier Global series aircraft, including Global Express, Global Express XRS, Global 5000, Global 6000, and Global 6500.
ACC Columbia completed the first system installation on a Bombardier Global 5000 operated by Skyside, an Austria-based charter and aircraft management company. The installation enables passengers to access high-speed connectivity via the Eutelsat OneWeb LEO satellite network.
"We are extremely proud to confirm this STC and look forward to working with Gogo customers seeking to upgrade their existing connectivity services," said Christian Schusser, CEO of QCM Design.
The Skyside aircraft was previously modified with the Gogo AVANCE SCS platform in summer 2024. With the addition of the Galileo HDX antenna, passengers can now use services including web browsing, video conferencing, streaming, and email.
Dave Falberg, Senior VP Sales for EMEA APAC at Gogo, noted that the combination of Galileo with the previously activated Gogo Vision 360 "will provide Skyside customers with market-leading connectivity and IFE provision."
QCM Design expects approvals from other regulators, including the Federal Aviation Administration (FAA) and Transport Canada Civil Aviation (TCCA), to follow the EASA approval.
Customers can pre-order the installation for their Bombardier Global business jets from ACC Columbia at their Hanover and Cologne/Bonn airport facilities.
In other recent news, Gogo Inc. reported its second-quarter 2025 earnings, with an earnings per share (EPS) of $0.09, slightly missing the expected $0.10. However, the company exceeded revenue forecasts, posting $226 million compared to the anticipated $218.75 million. Additionally, Gogo announced that its Galileo HDX terminal has received Federal Aviation Administration (FAA) supplemental type certification for the Dassault Falcon 2000 aircraft family. This certification covers several Falcon 2000 variants used in various operations. Morgan Stanley has resumed coverage of Gogo with an Equalweight rating and a $15.00 price target. The company is currently integrating its Satcom Direct acquisition from December 2024 while launching new products, including its 5G service and Galileo connectivity solution. Morgan Stanley also highlighted that Gogo secured Federal Aviation Administration Parts Manufacturer Approval for its Galileo antennas in the first half of 2025.
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