FLYHT Aerospace Solutions Ltd V.FLY

Alternate Symbol(s): FLYLF

Industrials Aerospace & Defense

FLYHT Aerospace Solutions Ltd. provides solutions for the aviation industry. The Company's aircraft certified hardware products include Automated Flight Information Reporting System (AFIRS), AFIRS Edge, Tropospheric Airborne Meteorological Data Reporting (TAMDAR) and FLYHT-WVSS-II. AFIRS is an aircraft satcom/interface device, which enables cockpit voice communications, real-time aircraft state analysis, and the transmission of aircraft data while inflight. The AFIRS Edge is a 5G wireless quick access recorder (WQAR), aircraft interface device (AID), and aircraft condition and monitoring system (ACMS). TAMDAR system is a sensor device installed on aircraft that captures temperature, atmospheric pressure, winds aloft, icing, turbulence, and relative humidity. FLYHT-WVSS-II is an externally mounted aircraft sensor that detects and reports water vapor as relative humidity. The Company's wholly owned subsidiary, CrossConsense, offers skilled services to the commercial aviation industry.

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FLYHT Aerospace Solutions Ltd

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Comment by uberliouson Jul 09, 2017 9:08am

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Post# 26448344

RE:RE:RE:RE:FLYHT Increases its Line of Credit to $1.5 Million

Kahn123.. The 2 main obstacles are C-Checks and STC's. While we have amassed Stc's for 95% of commercial aircraft, we are still waiting on some. In particular is the EMB 190 and 195. If you recall we have a contract with a Chinese IT company for 6.9 million (hardware). With regards to the C-Checks, we are at the mersey of others and can't speed up that process.
Uber

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