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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 moneyguy87on Aug 27, 2024 9:44am
102 Views
Post# 36197470

Questions

QuestionsI'm still hovering around this one - particularly waiting for some significant insider buying (maybe they have been unable to purchase with earnings coming up and the recent announcement)

But my questions are:

Do I have the following correct as these were things I was told that originally got me interested in taking a look.

Covid affected them greatly obviously (no planes flying)   Is it true that a major competitior pulled out of this service rather than upgrade to 5G?

Is Flyght the only one with 5G capability? (they diecided during Covid to go to 5G?)

Have they now got sufficient certifications that they can load the plug and play units right on the planes?

My comment:   if the above are true - then I disagree with those complaining about the restructuring.   If that manpower was needed to get to this point - but now they are good to go - why would cutting workforce that is not needed be a negative?

Thanks


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