Product Rollouts and Global Contract Wins
Significant progress across new products including 5G, HDX, and FDX, with numerous global contract wins such as with VistaJet, NetJets, and Bombardier.
Increase in Equipment Shipments
Record 437 ATG equipment units shipped in Q3, an 8% sequential increase, with AVANCE and C1 units showing robust growth.
Military/Government Contract Success
Secured a 5-year federal contract to deliver 5G, LEO, and GEO services to a U.S. government agency, and a contract with SES Space & Defense with a $33 million ceiling value.
Strong AVANCE Performance
AVANCE AOL grew 12% year-over-year, now representing 75% of the ATG fleet.
High Equipment Revenue Growth
Total equipment revenue in Q3 was $33.6 million, up 80% year-over-year.