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Flyht Aerospace Solutions Ltd (2)
Symbol FLY
Shares Issued 38,413,026
Close 2023-09-27 C$ 0.82
Market Cap C$ 31,498,681
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Flyht unit to manage aircraft data migration project

2023-09-28 09:44 ET - News Release

Mr. Axel Christ reports

FLYHT'S CROSSCONSENSE TO COLLABORATE ON AIRCRAFT DATA MIGRATION FOR EUROPEAN FLAG CARRIER

Flyht Aerospace Solutions Ltd.'s wholly owned subsidiary, CrossConsense GmbH & Co. KG, has been engaged by a leading management consultancy with a deep European heritage and strong international footprint to manage an aircraft data migration project for one of its airline clients, a large flag carrier in Europe. As part of the collaboration, CrossConsense's aircraft data management solution will play a key role in the migration of aircraft data from a legacy MRO (maintenance, repair and operations) system to AMOS.

"Having a global consultancy of this calibre select CrossConsense for this highly complex data migration project is a major honour and recognizes that the best and brightest in the industry turn to us when unusual complexity and connected systems require specialized knowledge," commented Axel Christ, managing director at CrossConsense. "We are looking forward to the successful execution of this project over the coming months and to additional collaborations in the future."

This contract will commence in October and is valued at approximately 662,000 euros, provided that all services are delivered over the two-year term of the agreement.

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 inflight. 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 preventive maintenance solutions. These include 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.

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