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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 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.


TSXV:FLY - Post by User

Post by CF105on Jul 22, 2024 8:05pm
113 Views
Post# 36143548

worth reading again

worth reading again

June 24, 2024 / FLYHT today announced that Lorne Sugarman has been elected to its Board of Directors. Mr. Sugarman brings a wealth of experience with technology companies as a C-level operating executive, investment banking professional, and principal investor, which adds further depth and expertise to the Company as it enters the next phase of growth.

"Lorne's breadth of experience operating, advising and investing in leading Canadian technology companies will be a great asset to FLYHT as we bring our innovative 5G aviation and weather solutions to market and march toward profitable growth," said Mary McMillan, Executive Chair of the Board. "With his proven track record of transforming corporate objectives to profitable growth and creating shareholder value, Lorne is an excellent addition to the FLYHT board."

"FLYHT has distinguished itself for over two decades as an innovator in communications and data solutions for global commercial aviation customers, and I am thrilled to begin working with a board of directors and management team that lead such an important Canadian company," said Sugarman. "I look forward to collaborating with the board and management team as we move briskly to capitalize on the large opportunities for profitable rapid growth that lie ahead of FLYHT."

Mr. Sugarman has 30 years of experience as a tech entrepreneur, financial executive, board member, and advisor at leading Canadian technology companies. He is currently the founder and president of Adielle Group. He is a board member and CEO of EVP Capital Inc. and Iocaste Ventures Inc., both capital pool companies. Sugarman continues to serve as a board member of Tokens.com, an emerging robotics and AI business, where he was previously the president.


CALGARY, AB / ACCESSWIRE

 

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