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Flyht Aerospace Solutions Ltd (2)
Symbol FLY
Shares Issued 38,413,026
Close 2023-08-30 C$ 0.92
Market Cap C$ 35,339,984
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Flyht to provide sensors to improve weather forecasts

2023-08-30 10:35 ET - News Release

Mr. Kent Jacobs reports

NEW MET OFFICE PARTNERSHIP WITH FLYHT AND LOGANAIR TO IMPROVE FORECASTS OF HIGH IMPACT WEATHER

A collaboration between the Met Office, Flyht Aerospace Solutions Ltd. and Loganair aims to improve the accuracy of weather forecasts and the prediction of localized severe weather in the United Kingdom, with expected benefits for the aviation industry such as more efficient route planning and supporting aims to reduce CO2 (carbon dioxide) emissions.

The partnership provides the Met Office with Flyht-WVSS-II atmospheric water vapour sensors to be installed on Loganair Embraer 145 aircraft flying across the U.K. The sensors will continuously monitor environmental conditions around the aircraft during flight.

The Met Office is particularly interested in data collected during the ascent and descent phases of flight, as these will provide a view of humidity, temperature and wind measurements throughout the atmosphere. The use of this increase in observational data is only possible because of the new Met Office supercomputer, which is coming on-line early in 2024. It will ultimately improve the forecasting of local-scale weather. The relative humidity sensors will be fully integrated with Flyht's Certus SatCom and AFIRS Edge multichannel WQAR for real-time data transmission of aircraft-based observations.

These readings will help to better predict extreme weather such as the Cumbrian storms of 2015, as well as improve local forecasting of conditions such as thunderstorms, fog and showers. Adverse weather presents one of the biggest risks and safety factors for aircraft operations, and can impact flights, as well as ground-crew operations and maintenance tasks, further affecting scheduling and planning issues, and adding to flight safety risks. Across Europe, weather is one of the largest contributing factors to aviation delays. It exacerbates the volatility of an already disrupted network at capacity. Better weather observations will greatly improve weather-based flight planning and real-time updates, thereby enabling more efficient avoidance of severe weather and turbulence. This initiative will also help airlines understand the formation of contrails, and potentially enable a reduction in contrail formation, which has been identified as a sustainability goal within the airline industry.

Bruce Truscott, Met Office associate director of technical services, said: "I am delighted to be working with Flyht and Loganair to further improve our ability to observe and forecast the weather. Humidity measurements from aircraft will provide a much-valued addition to our observations capability, helping us to better define the 3-dimensional structure of the atmosphere, which in turn is expected to support improvements in forecast accuracy."

Jonathan Hinkles, chief executive officer at Loganair, said: "This collaboration recognizes the important, positive role that airlines can play in understanding weather and the environment and, as a strategic partner, we are honoured to do our part.

"We are confident that real-time aircraft data from Flyht's sensors will contribute to reduced delays and cancellations, resulting in net benefits to our customers and the financial performance of our airline. Additionally, we see this collaboration as a major step towards helping us achieve our sustainability goals."

"It's a privilege to support two forward-thinking organizations like the Met Office and Loganair to help address our shared interest in weather and the environment," said Kent Jacobs, president and interim CEO at Flyht. "Flyht is pleased to be incorporating relative humidity data from our Flyht-WVSS-II sensors into our aircraft-based observations, knowing this will have a significant, positive effect on weather modelling."

Murray Skelton, Flyht's vice-president of business development and weather, added: "Having these two leaders as partners validates our weather technology and our growing suite of actionable intelligence solutions. We look forward to installing our Flyht-WVSS-II hardware on Loganair's aircraft over the coming months, and to providing end-to-end program project maintenance and support for this innovative program."

The contract is valued at approximately $6.9-million (U.S.) provided that all goods and services are delivered over the eight-year term of the agreement, which could extend to 2037, that would bring the value to seven million pounds sterling. Installations on Loganair's fleet of Embraer aircraft are expected to commence during the first half of 2024.

About Flyht Aerospace Solutions Ltd.

Flyht provides airlines with actionable intelligence to transform operational insight into immediate, quantifiable action, and delivers industry-leading solutions to improve aviation safety, efficiency and profitability. This unique capability is driven by a suite of patented aircraft-certified hardware products. These include AFIRS, an aircraft satcom/interface device that enables cockpit voice communications, real-time aircraft state analysis and the transmission of aircraft data while in flight. The AFIRS Edge is a state-of-the-art 5G wireless quick access recorder (WQAR), aircraft interface device (AID), and aircraft condition and monitoring system (ACMS). The Edge can be interfaced with Flyht's TAMDAR probe or the Flyht-WVSS-II relative humidity sensor to deliver airborne weather and humidity data in real time.

CrossConsense, Flyht's wholly owned subsidiary, offers highly skilled services to the commercial aviation industry and provides preventative maintenance solutions. These include: the Aircraft Fleet View, a native application that gives a real-time view of airline fleet status; AviationDW, a managed data warehouse for enhanced business intelligence; and ACSIS, a visualization and predictive maintenance alerting tool.

Flyht is headquartered in Calgary, Canada, and is an AS9100-quality-registered company. CrossConsense, located in Frankfurt, Germany, is an ISO9001-certified operation.

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