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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 CF105on May 06, 2022 7:21am
258 Views
Post# 34661323

re: $5.65M (USD) reorder for Iridium modems and license fees

re: $5.65M (USD) reorder for Iridium modems and license feesBelow is a summary for licensing revenue for the years 2014 through 2022, in Canadian dollars.

"Under the terms of the existing agreement, the OEM customer will be licensing Flyht's technology and delivering the AFIRS 228S system to their European airframer customer for three certified aircraft platform types. The products are scheduled for delivery throughout the remainder of 2022."


Q2, Q3, Q4 2022  $  7,200,000
Q1 2022  $  1,134,706
   
2021  $  1,551,000
2020  $  3,630,874
2019  $  3,241,285
2018  $  2,265,262
2017  $  3,752,301
2016  $  5,366,020
2015  $  2,907,895
2014  $     483,915



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