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 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.

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FLYHT Aerospace Solutions Ltd > Interesting

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Comment by ARIMA11on Jan 27, 2022 1:11pm

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Post# 34367319

RE:Interesting

Assuming the cost is zero (free share) at an average price of $0.75 *1.9M shares = $1.42M + the $1.25M in cash would be $2.67M for the cost of acquisition. Total price will depend on the share price going forward and how it vest.

This is difficult to evaluate if this is a good deal.There is no financials provided on CrossConsense because its private. Anyways... The purchase price was within industry norms for revenue multiples of private companies. So really how much is CrossConsense revenues?

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