Gogo Says Court Overturns $22.7 Million SmartSky Damages Award

10:13 AM EDT, 10/01/2026 (MT Newswires) -- Gogo (GOGO) said Thursday that the US District Court for the District of Delaware overturned a jury's $22.7 million damages award in its litigation with SmartSky Networks in a ruling on post-trial motions. The court found SmartSky's damages award was unsupported by the evidence and based on assumptions inconsistent with the facts of the case. The court ruled that SmartSky failed to prove any recoverable damages and denied requests for enhanced damages, ongoing royalties and interest. The ruling is subject to appeal, according to the company. Gogo shares were down 3.3% in early Thursday trading. Price: 2.08, Change: -0.07, Percent Change: -3.26