Gogo test aircraft. Photo: Gogo.
Gogo has made Fortune’s “Future 50” list of companies “best positioned for strong future growth,” Gogo said. Split up into two categories — 25 “leaders” and 25 “challengers” — Gogo is listed as the No. 14 challenger.
“Leaders” are those with a market value above $20 billion, while “challengers” are those with value below that amount. The list was compiled in partnership with Boston Consulting Group. Gogo said the group examined 2,300 publicly traded U.S. companies and reviewed 15 years of financial results through year-end 2016. According to Gogo, the methodology measures market potential and company capacity, which accounts for half the “score.” The other half is calculated by measuring the company’s capacity to deliver on this potential, which involves 14 factors in the areas of strategy, technology and investment, people and structure.
"We are very proud to have been selected to the inaugural Future 50 list as it validates our leadership and innovation as the Inflight Internet company," said Michael Small, Gogo's president and CEO. "We are connecting aircraft and leveraging that connectivity to develop cutting edge products and services that engage passengers and help our aviation partners run a safer and more efficient operation. Our latest technology innovations like 2Ku have us well positioned to fuel future growth."