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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 Jan 17, 2020 6:27am
197 Views
Post# 30563910

RE:RE:RE:RE:RE:RE:RE:Long overdue news.

RE:RE:RE:RE:RE:RE:RE:Long overdue news.
Congratulations to the Flyht team on finally landing this tier 1 client, fitting that it is a fellow Calgary company. 6.2 million is but the tip of this contract. The first order of business is to install on 160 Boeing aircraft and as we know that may take some time as this can only happen during the C Checks. That said the timing should be perfect for West Jet to meet the upcoming regulations on distress tracking and timely access to the flight data recorder. My guess is this is but the start of the tier 1 contracts to come. Flyht has a Niche market, while some in the industry compete with some of Flyht products, there is nobody else that can deliver the timely access to the flight recorder. Afirs may cost somewhere around 120,000 up front but when the full suite of products are enabled, they save money. Payback to the airline is fairly quick. Stay tuned...the best has yet to come.
Uber
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