Canada markets closed
  • S&P/TSX

    21,357.56
    +64.56 (+0.30%)
     
  • S&P 500

    4,662.85
    +3.82 (+0.08%)
     
  • DOW

    35,911.81
    -201.79 (-0.56%)
     
  • CAD/USD

    0.7975
    -0.0019 (-0.24%)
     
  • CRUDE OIL

    84.27
    +0.45 (+0.54%)
     
  • BTC-CAD

    54,181.45
    -517.05 (-0.95%)
     
  • CMC Crypto 200

    1,037.76
    +12.03 (+1.17%)
     
  • GOLD FUTURES

    1,817.30
    +0.80 (+0.04%)
     
  • RUSSELL 2000

    2,162.46
    +3.02 (+0.14%)
     
  • 10-Yr Bond

    1.7720
    +0.0610 (+3.57%)
     
  • NASDAQ

    14,893.75
    +86.95 (+0.59%)
     
  • VOLATILITY

    19.19
    -1.12 (-5.51%)
     
  • FTSE

    7,542.95
    -20.90 (-0.28%)
     
  • NIKKEI 225

    28,124.28
    -364.82 (-1.28%)
     
  • CAD/EUR

    0.6982
    +0.0010 (+0.14%)
     

FLYHT’s AFIRS Edge Adds Iridium Certus(R) Capability

  • Oops!
    Something went wrong.
    Please try again later.
·3 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Extends IoT and SaaS Capabilities to Aircraft in All Stages of Flight Operations

CALGARY, AB / ACCESSWIRE / December 7, 2021 / FLYHT Aerospace Solutions Ltd. (TSX-V:FLY) (OTCQX:FLYLF) (the "Company" or "FLYHT") today announced that it is extending its AFIRS Edge™ avionics product by adding IoT data capture and real-time connectivity for aircraft in-flight. The Iridium Certus® 100 service, which was announced as commercially available by Iridium on November 10, 2021, will provide the Edge with real-time, global coverage for data transmissions.

The next generation AFIRS Edge is expected to be available to FLYHT customers in early 2022.

The AFIRS Edge is FLYHT's industry leading 5G (3G/4G/LTE compatible) Wireless Quick Access Recorder (WQAR), Aircraft Interface Device (AID) and edge computing platform. This Iridium Certus Midband Internet Protocol (IP) satcom device bolsters FLYHT's real-time Actionable Intelligence capabilities. With the addition of the Iridium Certus link, customers are expected to benefit from real-time, in-flight access to hundreds of aircraft parameters, IoT sensor data, and on-wing execution of machine learning models. The IP data link feature extends FLYHT's cloud native capabilities to the aircraft and includes the ability to host third party data focused applications on-wing. The lightweight, small footprint AFIRS Edge is applicable to aircraft of all sizes, from regional aircraft to transcontinental jets.

Darrel Deane, Vice President, Solutions for FLYHT, commented, "We are proud to expand upon our longstanding satcom partnership with Iridium by developing this solution alongside Iridium using the licensed Iridium Certus™ core technology, enabling reliable IP coverage anywhere in the world. FLYHT currently has more than 2,800 aircraft equipped with the patented AFIRSTM system backed by Iridium® satcom technology and we are looking forward to extending this footprint further. Aircraft connectivity is a cornerstone of our SaaS offerings."

"The AFIRS Edge is another great example of how FLYHT's team identifies industry needs and develops solutions that provide increased safety and efficiency." said Bryan Hartin, executive vice president, Iridium, "Iridium is proud of our longtime partnership with FLYHT and is excited to see yet another innovative solution come to the market."

Last year FLYHT introduced the Actionable Intelligence suite of SaaS applications to provide real-time insights to help the commercial aviation industry operate more efficiently and profitably as it recovers from the global pandemic. This solution set leverages the Company's proven history of collecting, analyzing and reporting aircraft operational data in real-time. Throughout the pandemic FLYHT has been executing on this plan and continuing to support customers. The AFIRS Edge will provide customers with situational awareness and Actionable Intelligence solutions throughout the duration of all flights. For more information on the AFIRS Edge, visit FLYHT's website.

About FLYHT Aerospace Solutions Ltd.

FLYHT provides airlines with Actionable Intelligence to transform operational insight into immediate, quantifiable action, delivering industry leading solutions to improve aviation safety, efficiency and profitability. This unique capability is driven by FLYHT's patented aircraft certified hardware products including AFIRS™, a satcom aircraft interface device which enables real-time streaming of flight information, cockpit voice and black box data streaming, AFIRS Edge, a state-of-the-art 5G WQAR and satellite data communications device, and TAMDAR™ and the FLYHT-WVSS-II™, which deliver airborne weather and humidity data in real-time. FLYHT is headquartered in Calgary, Canada with an office in Littleton, Colorado, and is an AS9100 Quality registered company. For more information, view our presentation here, or visit www.flyht.com.

To learn more about Iridium, visit https://www.iridium.com.

Contact Information:

FLYHT Aerospace Solutions Ltd.
Alana Forbes
Chief Financial Officer
403.291.7437
aforbes@flyht.com
investors@flyht.com

FNK IR LLC
Matt Chesler, CFA
Investor Relations
646.809.2183
flyht@fnkir.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance, or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.

Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are founded on the basis of expectations, assumptions and hypotheses made by the Company. Such forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include but are not limited to global economic and industry conditions. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.

SOURCE: FLYHT Aerospace Solutions Ltd.



View source version on accesswire.com:
https://www.accesswire.com/676362/FLYHTs-AFIRS-Edge-Adds-Iridium-CertusR-Capability

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting