Inmarsat’s new GX Aviation terminal is now FAA certified for installation on Boeing 737 family aircraft. The Falcon 300 kit was developed in partnership with developed GDC Advanced Technology and includes GDC’s dual modem manager (MODMAN), with components by Kontron, and the proven, reliable, low-profile Ka2517 antenna by ThinKom.
Global Eagle will restructure and recapitalize under Chapter 11 of the US Bankruptcy code. Substantially all of the company’s assets are to be acquired for $675 million, reducing total debt by approximately $475 million. The deal also includes $80 million in fresh debtor-in-possession financing to ride out the current downturn.