ATG

Anlin Windows & Doors Unveils New Products at 2024 NAHB International Builders’ Show

Retrieved on: 
Wednesday, February 21, 2024

Anlin Windows & Doors , part of the PGT Innovations (NYSE: PGTI) family of brands, returns to the NAHB International Builders’ Show (IBS) in Las Vegas, Nevada this year with two new products added to its variety of operating styles that are built for comfort, beauty, and energy savings.

Key Points: 
  • Anlin Windows & Doors , part of the PGT Innovations (NYSE: PGTI) family of brands, returns to the NAHB International Builders’ Show (IBS) in Las Vegas, Nevada this year with two new products added to its variety of operating styles that are built for comfort, beauty, and energy savings.
  • The contemporary Designer Black finishes appeal to today’s homeowners with a sleek, modern aesthetic.
  • “We are excited to offer consumers the best of both worlds – dependability and style — with this new Designer Black capstock option,” said Jimmy Petros, Vice President of Sales & Business Development for Anlin.
  • Other products on display by Anlin during IBS include:

Jet Access Joins SmartSky® Installation Network

Retrieved on: 
Thursday, March 7, 2024

RESEARCH TRIANGLE, N.C., March 7, 2024 /PRNewswire/ -- SmartSky, provider of the most advanced inflight air-to-ground (ATG) connectivity for business aviation, today announced Jet Access as a new sales and installation partner. The company has recently signed an agreement to complete the first-of-type installation of a SmartSky LITE™ system on an Embraer Phenom 300, the world's best-selling light jet, which is expected to be completed this summer. The Supplemental Type Certificate (STC) will make SmartSky available to more than 400 in-service aircraft.

Key Points: 
  • RESEARCH TRIANGLE, N.C., March 7, 2024 /PRNewswire/ -- SmartSky, provider of the most advanced inflight air-to-ground (ATG) connectivity for business aviation, today announced Jet Access as a new sales and installation partner.
  • Jet Access is the first vertically integrated, fully transparent, full-service aviation management company in the industry.
  • Jet Access is a multi-year recipient of the FAA Diamond Award of Excellence and is an Authorized Service Center for Embraer and Pilatus aircraft.
  • "Jet Access' commitment to delivering the best possible customer experience makes them a natural fit to offer SmartSky.

Gogo Announces Fourth Quarter and 2023 Results

Retrieved on: 
Wednesday, February 28, 2024

BROOMFIELD, Colo., Feb. 28, 2024 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO) ("Gogo" or the "Company"), the world's largest provider of broadband connectivity services for the business aviation market, today announced its financial results for the quarter ended December 31, 2023.

Key Points: 
  • Total Revenue of $97.8 million, down 10% Year-over-Year; Record Fourth Quarter Service Revenue of $80.9 million, up 5% Year-over-Year
    Q4 Net Income of $14.5 million; Adjusted EBITDA(1) of $35.1 million
    BROOMFIELD, Colo., Feb. 28, 2024 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO) ("Gogo" or the "Company"), the world's largest provider of broadband connectivity services for the business aviation market, today announced its financial results for the quarter ended December 31, 2023.
  • Average Monthly Revenue per ATG aircraft online ("ARPU") of $3,387, compared to $3,370 in Q4 2022 and $3,373 in Q3 2023.
  • Cash provided by operating activities of $26.2 million in Q4 2023 decreased from $31.5 million in the prior year period.
  • Cash, cash equivalents and short-term investments totaled $139.0 million as of December 31, 2023 compared to $110.8 million as of September 30, 2023.

Banyan Air Service to Complete SmartSky® Installation on the HondaJet

Retrieved on: 
Thursday, February 22, 2024

RESEARCH TRIANGLE, N.C., Feb. 22, 2024 /PRNewswire/ -- SmartSky, provider of the most advanced inflight air-to-ground (ATG) connectivity for business aviation, today announced that key sales and installation partner Banyan Air Service is completing the first of type installation of the award-winning SmartSky LITE™ system on a HA-420 HondaJet. The project supports the recent deal between Volato and SmartSky to equip Volato's HondaJet fractional fleet of 20 new aircraft and paves the way for other in-service HondaJet to have SmartSky's next-generation connectivity system. 

Key Points: 
  • RESEARCH TRIANGLE, N.C., Feb. 22, 2024 /PRNewswire/ -- SmartSky, provider of the most advanced inflight air-to-ground (ATG) connectivity for business aviation, today announced that key sales and installation partner Banyan Air Service is completing the first of type installation of the award-winning SmartSky LITE™ system on a HA-420 HondaJet.
  • Banyan, an award-winning Maintenance, Repair, and Overhaul (MRO) operation based in Fort Lauderdale, Florida, is an authorized HondaJet service center and will complete the installation at Banyan's KFXE facility.
  • "This exciting installation project makes the groundbreaking technology pioneered by SmartSky available for Volato.
  • Along with the installation agreement, the two companies recently signed a strategic agreement for Banyan to provide full-scale maintenance for the HondaJet fleet on-site at Volato's primary operational base in St. Augustine, FL.

Davinci Jets Completes SmartSky® First Article Installation on Citation Latitude

Retrieved on: 
Thursday, February 8, 2024

RESEARCH TRIANGLE, N.C. , Feb. 8, 2024 /PRNewswire/ -- SmartSky Networks, the leading provider of inflight air-to-ground (ATG) connectivity for business aviation, today announced that sales and installation partner Davinci Jets has completed its third SmartSky STC installation, bringing game changing connectivity to a customer-owned Citation Latitude. The SmartSky Flagship™ equipped aircraft has returned to service and FAA Supplemental Type certification is expected in the coming months, making SmartSky readily available for more than 200 in-service Latitude models. Owners are encouraged to reach out to their preferred MRO to discuss installation options.  SmartSky has 15 STCs and more than a dozen in progress.

Key Points: 
  • RESEARCH TRIANGLE, N.C. , Feb. 8, 2024 /PRNewswire/ -- SmartSky Networks, the leading provider of inflight air-to-ground (ATG) connectivity for business aviation, today announced that sales and installation partner Davinci Jets has completed its third SmartSky STC installation, bringing game changing connectivity to a customer-owned Citation Latitude.
  • Owners are encouraged to reach out to their preferred MRO to discuss installation options.
  • The Latitude installation is part of Davinci's previously announced plans to equip the majority of its managed fleet with SmartSky connectivity because of its ability to deliver the connected experience inflight Davinci customers have been demanding for years.
  • "Demand for SmartSky is growing in the marketplace because customers expect to be continuously and reliably connected even while in transit," said Eric Legvold, CEO of Davinci Jets.

SS Innovations Announces Strategic Partnership with Surgical Lab for Distribution in Africa

Retrieved on: 
Tuesday, December 26, 2023

FORT LAUDERDALE, Fla., Dec. 26, 2023 (GLOBE NEWSWIRE) -- Fort Lauderdale, FL., December 26, 2023 - SS Innovations International, Inc. (the “Company” or “SS Innovations”) (OTC: SSII), a developer of innovative surgical robotic technologies dedicated to making robotic surgery affordable and accessible to a global population, today announces it has entered a strategic, exclusive partnership with Surgical Lab, Ltd., a Cairo-based medical device distributor, to provide accessibility to the SSi Mantra Surgical Robotic System for the entire African continent. This marks another significant milestone for SS Innovations.

Key Points: 
  • Surgical Lab Managing Director, Ali Raei commented, “At Surgical Lab, we believe in the power of collaborative action.
  • My team and I are extremely proud to share this initiative and thank SS Innovations for being a part of our mission.
  • We are absolutely thrilled to share that Surgical Lab has started working on the registration of SSi Mantra in 27 countries across Africa.
  • Our strategic partnership with Surgical Lab will allow us to extend the reach of our mission and vision across the seas to the African continent.

SAB Biotherapeutics Announces Commencement of the HUMAN Phase 1 Clinical Trial with SAB-142, a Potential Disease-Modifying Treatment for Type 1 Diabetes

Retrieved on: 
Wednesday, November 29, 2023

SIOUX FALLS, S.D., Nov. 29, 2023 (GLOBE NEWSWIRE) -- SAB Biotherapeutics, Inc. (Nasdaq: SABS), a clinical-stage biopharmaceutical company with a novel immunotherapy platform that is developing fully-human anti-thymocyte immunoglobulin (hIgG) for disease-modification of Type 1 Diabetes (T1D) through delaying the onset and/or progression of the disease, today announced that the first participants of a HUMAN trial (Fully HUman anti-thymocyte biologic in first-in-MAN clinical study) have been dosed in Australia. This Phase 1 randomized, double-blind, placebo-controlled, single-ascending dose, adaptive design clinical study was designed to assess the safety, tolerability, pharmacokinetics and pharmacodynamics of intravenous SAB-142 in healthy volunteers and participants with T1D. SAB-142 is a first-in-class fully-human anti-thymocyte immunoglobulin being developed as a disease-modifying treatment to delay the onset and progression of T1D.

Key Points: 
  • SAB-142 is a first-in-class fully-human anti-thymocyte immunoglobulin being developed as a disease-modifying treatment to delay the onset and progression of T1D.
  • In October 2023 , SAB received approval by the Australian Human Research Ethics Committee (HREC) to commence the Phase 1 clinical trial investigating safety, tolerability, pharmacokinetic, pharmacodynamic, and immunogenicity of SAB-142.
  • More information about the Phase 1 clinical trial with SAB-142 (ACTRN:12623001089628) can be found here .
  • “We are grateful to partner with SAB on this Phase 1 investigation that will explore the therapeutic potential of a new, potentially best-in-class immunotherapeutic option for patients.”

Gogo Business Aviation's 5G Program Achieves Key Milestones

Retrieved on: 
Wednesday, December 20, 2023

BROOMFIELD, Colo., Dec. 20, 2023 /PRNewswire/ -- Gogo Business Aviation's (NASDAQ: GOGO) 5G program continues to gain momentum passing another critical milestone with the new AVANCE LX5 receiving Supplemental Type Certification (STC) and Parts Manufacturer Approval (PMA) from the Federal Aviation Administration (FAA).

Key Points: 
  • BROOMFIELD, Colo., Dec. 20, 2023 /PRNewswire/ -- Gogo Business Aviation's (NASDAQ: GOGO) 5G program continues to gain momentum passing another critical milestone with the new AVANCE LX5 receiving Supplemental Type Certification (STC) and Parts Manufacturer Approval (PMA) from the Federal Aviation Administration (FAA).
  • "We built LX5 on the AVANCE platform as a smaller, single-box option to make the installation of Gogo 5G even easier for customers."
  • Customers can pre-provision for Gogo 5G today by installing the multi-band (MB13) 5G antennas and an AVANCE L5 LRU.
  • The L5 system will operate on the Gogo Biz 4G network until Gogo 5G launches, which is expected in the third quarter of 2024.

SAB Biotherapeutics Announces Completion of $67.1 Million Financing to Advance Potential Disease-Modifying Treatment for Type 1 Diabetes

Retrieved on: 
Tuesday, November 14, 2023

The proceeds from the financing will be used to fund the development of the company’s lead research program, SAB-142, a potential disease modifying treatment for T1D.

Key Points: 
  • The proceeds from the financing will be used to fund the development of the company’s lead research program, SAB-142, a potential disease modifying treatment for T1D.
  • Tranche B warrants remain outstanding, which if exercised, would result in a total of $110 million in proceeds in this financing.
  • Participating investors included Sessa Capital, BVF Partners, RTW Investments, Marshall Wace, ATW, and the JDRF T1D Fund.
  • SAB-142 directly targets multiple immune cells involved in destroying insulin-producing pancreatic beta cells to potentially preserve beta cell function.

Pelican Energy Partners Announces Acquisition of Springs Advanced Technology Group from Machine Build Technologies

Retrieved on: 
Tuesday, November 21, 2023

HOUSTON, Nov. 21, 2023 /PRNewswire/ -- Pelican Energy Partners Base Zero LP ("Pelican") is pleased to announce that it has acquired Springs ATG, LLC ("Springs ATG") from Machine Build Technologies.

Key Points: 
  • HOUSTON, Nov. 21, 2023 /PRNewswire/ -- Pelican Energy Partners Base Zero LP ("Pelican") is pleased to announce that it has acquired Springs ATG, LLC ("Springs ATG") from Machine Build Technologies.
  • In conjunction with the transaction, Springs ATG will be rebranded as Advanced Technology Group ("ATG" or the "Company").
  • Kevin Oliver, president of ATG stated, "We are thrilled to partner with Pelican Energy Partners.
  • For more information on ATG please see the Springs ATG website: www.springsfabatg.com
    Locke Lord LLP acted as legal counsel to Pelican Energy Partners, and Dvorak Law Group served as legal counsel to Machine Build Technologies.