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Bullboard - Stock Discussion Forum 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... see more

TSXV:FLY - Post Discussion

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Post by ARIMA11 on Apr 25, 2022 11:53am

Interesting

https://www.bloomberg.com/news/articles/2022-04-25/weather-forecast-startups-see-riches-as-more-turbocharged-storms-loom?

Private weather isn’t new. In 2013, an article from the Wharton School estimated that a global weather forecasting industry of around 350 companies was pulling in around about $3 billion annually. In 2017, NOAA estimated that the sector in the U.S., which today encompasses everything from hourly road surface forecasts for long-haul truckers to drought forecasts for individual farms, was worth $7 billion. Reports suggested it was growing at a rate of around 10-15% annually.
 
Through a global infrastructure that includes 17 weather satellites, radar, weather balloons, buoys and ground-based weather sensors, NOAA gathers 6.3 billion observations each day. (The agency even has its own uniformed service, as well as a fleet of planes and ships.) It supplements this data with observations from foreign governments and processes it all using numerical weather prediction models.
Comment by PeterPiper on Apr 26, 2022 7:37am
Yes it is interesting. https://www.bloomberg.com/news/articles/2022-04-25/weather-forecast-startups-see-riches-as-more-turbocharged-storms-loom? Piper
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