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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 AFIRS Edge, Automated Flight Information Reporting System (AFIRS), FLYHT-WVSS-II, and Tropospheric Airborne Meteorological Data Reporting (TAMDAR). Its actionable intelligence solutions include Wireless Quick Access Recorder (WQAR), Aircraft Interface Device, FleetWatch, FuelSens, and ClearPort. The AFIRS solutions include an aircraft satcom/interface device that enables cockpit voice communications, the transmission of aircraft data both inflight via satellite and post-flight via 5G, real-time aircraft state and fleet status analysis, and preventative maintenance solutions. Its hardware products can also be interfaced with its proprietary relative humidity sensors to deliver airborne weather and humidity data in real-time. The FLYHT-WVSS-II is an aircraft sensor. The TAMDAR system is a sensor device installed on aircraft.


TSXV:FLY - Post by User

Comment by uberliouson Jul 19, 2017 9:28pm
151 Views
Post# 26488692

RE:RE:RE:RE:RE:RE:RE:RE:What is the competition up to ?

RE:RE:RE:RE:RE:RE:RE:RE:What is the competition up to ?Personally T, I think you are missing the big picture. You are still thinking small, AeroMechanical Services  small.  As the saying goes " you need money to make money".
Flyht has its largest order book ever and its growing, so when a customer calls up for a few Afirs kits, We better have them on the shelf then out the door. We need money to service that huge backlog, let alone whats coming down the pipe. Lets not forget, there is a lag time between shipping a box and recording it to revenue. That 1.5 million dollar line of credit from a major bank at 1.5 over prime is a huge building block for this company and a great sign of confidence in us from the bank. Don't know about you but ther're not giving me prime plus 1.5 %.  I remember Bill saying that he was stepping aside to allow for a new CEO to bring Flyht to the next level. Well Bill, you did a good job. Exciting times ahead.
Uber
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