Mr. Gurjot Bhullar reports

LONG-TERM OEM PARTNER ENGAGES FLYHT FOR DESIGN REFRESH FOR AIRBUS LINE FIT SATCOM PROGRAM

Flyht Aerospace Solutions Ltd.'s long-term OEM (origianl equipment manufacturer) partner has engaged the company to undertake engineering and design work on the technology that it licenses from Flyht as part of its Airbus line fit satcom program. The refresh of the technology positions the two partners to extend the longevity of this successful program with Airbus.

As part of this long-standing program, Flyht supports its OEM partner in delivering a customized version of the AFIRS 228S to support voice and data communications used in the cockpit of Airbus aircraft anywhere in the world through the Iridium satellite network.

"The request by our long-term OEM partner to refresh the modem design is the surest indication that the AFIRS 228S line fit program with Airbus remains strong," commented Gurjot Bhullar, vice-president of operations at Flyht. "It is a reflection of the high quality of Flyht's product, and their acceptance and reliance upon it. We have increased confidence that this revenue stream will continue well into the future."

This technical services contract is valued at approximately $360,000 (U.S.) with work expected to be completed over the coming months. It builds upon a relationship previously discussed in press releases dated July, 2014, August, 2019, February, 2020, July, 2021, October, 2021, May, 2022, and June, 2023. This program has resulted in the shipment of over 3,200 units to Airbus to date.

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, AFIRS. Solutions include an aircraft satcom/interface device that enables cockpit voice communications, transmission of aircraft data both while inflight via satellite and postflight via 5G, real-time aircraft state and fleet status analysis, and preventive maintenance solutions. Flyht's hardware products can also be interfaced with Flyht's proprietary relative humidity sensors to deliver airborne weather and humidity data in real time.

Flyht is headquartered in Calgary, Canada, and is an AS9100 quality registered company.