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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.


TSXV:FLY - Post by User

FLYHT Aerospace Solutions Ltd > PO for US$5.65 million for Iridium modems and license fees
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Comment by PeterPiperon May 05, 2022 1:25pm
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Post# 34659259

RE:RE:RE:RE:RE:RE:PO for US$5.65 million for Iridium modems and license fees

RE:RE:RE:RE:RE:RE:PO for US$5.65 million for Iridium modems and license fees"A couple years out it has the potential to dwarf this contract multiple times over with life of plane saas type revenues"

Since this was at the bottom of you post, Thylor, I thought I would repeat it, since you make a very good point. Yes indeed, SaaS revenue is the future for Flyht. I just hope that Bill can hold off on a buyout for some time yet. I believe he will as I think he has a big number in mind. I know for a fact that there were a number of oufits sniffing around after the L3 Airbus deal and the Malaysian Airlines disaster. Of course, that stopped as Flyht's fortunes looked bleak. It will start again soon.

Piper

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