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 > Private Placement

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Comment by Givmeabreakon Jul 15, 2021 9:48am

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Post# 33548578

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Private Placement

Bravo. Very well articulated. I beleive there is a market for portions of their product line, but it won't produce the margins they need to be successful (history tells me so). It's an extremely competitive market and they do not have the balance sheet to go to war for market share. It will be much more of the same I'm afraid, or worse I fear. Most of that $6.6 million raised is already spoken for. More dilution to come!

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