Gogo Inc. commits $52.5 million minimum to Eutelsat OneWeb in amended distribution agreement

Gogo Inc.

Gogo guaranteed $52.5 million total minimum commitment over four years under amended OneWeb agreement.
Amendment replaces prior addendum and includes take-or-pay obligations with quarterly payments.
Gogo retains discretion to create customer service plans while paying OneWeb under Bespoke Service Plan terms.
Gogo must provide monthly sales reports; OneWeb may reject orders for regulatory or other reasons.
Contract automatically renews yearly unless notice of non-renewal; termination for breach or insolvency.

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