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 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.

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FLYHT Aerospace Solutions Ltd

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Post by CatamaranFundon Aug 06, 2020 1:14am

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Post# 31370811

FLYHT reports Q2 2020 Results/Signs Investor relations pact

BRIEF-Flyht Reports Second Quarter 2020 Results And Signs Agreement With Investor Relations Firm

Aug 5 (Reuters) - FLYHT Aerospace Solutions Ltd:

* FLYHT REPORTS SECOND QUARTER 2020 RESULTS AND SIGNS AGREEMENT WITH INVESTOR RELATIONS FIRM

* QTRLY REVENUE DECREASED BY 52% TO $3,060,157 COMPARED TO Q2 OF 2019

* QTRLY NET LOSS WAS $276,515, COMPARED TO NET INCOME IN Q1 2019 OF $1,037,326 Source text for Eikon: Further company coverage:

Looking at much of the air transportation / communications industry currently - It could have been worse.This too shall pass. Cheers to all patient investors