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FLYHT Aerospace Solutions Ltd V.FLY

Alternate Symbol(s):  FLYLF

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.


TSXV:FLY - Post by User

Comment by uberliouson Oct 03, 2017 1:31pm
129 Views
Post# 26771314

RE:Slow and Steady will eventually win!

RE:Slow and Steady will eventually win!I here you there Golf.......The story while not short is developing into wonderful "Made in Canada" growth story with lots of players. We got China, while slow to start, has picked up the pace with 22 companies signed on to date with lots of growth potential. We got the AirBus Satcom solution on the A320/330 platform. This has proven to be very lucritive for Flyht as the royalities help fund our operations. We now have sold to 2 leasing companies. With the nature of that business I would think there will be more to follow into the future. Africa has been good to us and that story continues.  We have done business in the Carabean with another announced today. I believe they fly 8 aircraft. We got cargo companies flying with Afirs on board and alot of little companies as well, over 70 in total. If that is not a sucess story, I don't know what is. Lets not forget something very important here, thats the R&D.
Flyht has invested huge time, resources and money into our STC's, a list unmatched by any other.

 When the Flyht story started, all those years ago, there was no talk of the connected aircraft. It was the old boys club and nobody wanted anything to change in their realm. Well baby, things have changed, bigtime. Its all about data now and how you can use it to make more money. Now while there is all kinds of products out there, nobody can do all of what Flyht can do. Usher in the next players.......
Boeing/FedEx.... I think we know how those tests will go as Flyht always bats it out of the park.
Inmarsat....Swift Broadband........I think the same outcome as above.... Companies don't cancel Afirs once they start using our system.

Short term, ya there could still be a few bumps in the road, just noise. For instance, it just took 1 full year for that E190 STC. So it will affect our 3rd quarter, no big deal. We didn't lose the business, its still there. With all of the other irons in the fire, a good balance sheet and the ability to fund our operations, things have never been so rosy.
Uber
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