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 > 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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