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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 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.


TSXV:FLY - Post by User

Post by ARIMA11on Apr 25, 2022 11:53am
180 Views
Post# 34629149

Interesting

Interestinghttps://www.bloomberg.com/news/articles/2022-04-25/weather-forecast-startups-see-riches-as-more-turbocharged-storms-loom?

Private weather isn’t new. In 2013, an article from the Wharton School estimated that a global weather forecasting industry of around 350 companies was pulling in around about $3 billion annually. In 2017, NOAA estimated that the sector in the U.S., which today encompasses everything from hourly road surface forecasts for long-haul truckers to drought forecasts for individual farms, was worth $7 billion. Reports suggested it was growing at a rate of around 10-15% annually.
 
Through a global infrastructure that includes 17 weather satellites, radar, weather balloons, buoys and ground-based weather sensors, NOAA gathers 6.3 billion observations each day. (The agency even has its own uniformed service, as well as a fleet of planes and ships.) It supplements this data with observations from foreign governments and processes it all using numerical weather prediction models.
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