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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 moneyguy87on Aug 27, 2024 9:44am
85 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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