Welcome to our dedicated news page for FLYHT AEROSPACE SLTNS (Ticker: FLYLF), a resource for investors and traders seeking the latest updates and insights on FLYHT AEROSPACE SLTNS.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect FLYHT AEROSPACE SLTNS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
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Rhea-AI Summary
FLYHT Aerospace Solutions reported financial results for Q4 and full year 2023, with revenue of $20.1 million driven by record SaaS revenue of $10.7 million. The company is focusing on 5G aviation solutions and weather businesses for growth in 2024.
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End-of-Day
-8.33%
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FLYHT Aerospace Solutions announced a conference call to discuss its Q4 and full year 2023 results. The call will feature the company's President & Interim CEO and CFO. Investors can participate via phone or email, with an archive available on the company's website.
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End-of-Day
-4.6%
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FLYHT Aerospace Solutions announces a new engineering and design contract with its long-term OEM partner for technology refresh, reinforcing the successful AFIRS 228S line fit program with Airbus. The $360,000 USD contract aims to extend the program's longevity, showcasing confidence in FLYHT's product quality and revenue stream.
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Rhea-AI Sentiment
End-of-Day
-0.66%
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FLYHT Aerospace Solutions Ltd. will participate in the iAccess Alpha 'Buyside Best Ideas Spring Conference 2024' with a live presentation by the President and CFO. The event will be held virtually on March 12-13, 2024, offering shareholders valuable insights and networking opportunities.
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Rhea-AI Sentiment
End-of-Day
-0.59%
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FLYHT Aerospace Solutions Ltd. receives Supplemental Type Certificate from Transport Canada for the flange version of AFIRS EdgeTM, a 5G wireless data communication device for Airbus A320 aircraft. The STC enables FLYHT to ship units to Canadian A320 customers and expand globally. President Kent Jacobs highlights the significance of this achievement for FLYHT and the aviation industry, emphasizing the Edge's advanced technology and value proposition.
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Rhea-AI Sentiment
End-of-Day
15.79%
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FLYHT Aerospace Solutions Ltd. provided a shareholder update on the commercialization of their 5G aviation and weather intelligence solutions. They are progressing well with STC approvals for their AFIRS Edge device, expanding relationships with manufacturing partners, and advancing weather-related programs with UK Met and NOAA.
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Rhea-AI Sentiment
End-of-Day
-5.26%
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One Stop Systems, Inc. (OSS) and FLYHT Aerospace Solutions Ltd. (FLYLF) have announced a multi-year design and manufacturing collaboration for FLYHT's automated flight information reporting systems (AFIRS) Edge family, including the new AFIRS Edge+. The collaboration will lead to the development of the world's first wireless quick access recorder with 5G mobile wireless for real-time remote access. The expanded relationship ensures that FLYHT has access to OSS's capabilities as it launches the aviation industry's first-to-market 5G-enabled avionics solutions. The engagement is valued at a minimum of US$6 million over the initial five-year term, and OSS expects to begin production and shipments of AFIRS Edge+ in the second quarter of 2024.
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Rhea-AI Sentiment
End-of-Day
-6.52%
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FLYHT Aerospace Solutions Ltd. (FLYHT) (TSXV:FLY)(OTCQX:FLYLF) has signed a multi-year contract renewal with Jordan Aviation PSC (JAV) to provide its fleet of Boeing 767, 737's and Airbus A320's with FLYHT's software solutions. The renewal extends the relationship between FLYHT and JAV that began in 2009 and currently includes a suite of software services. The contract renewal is valued at approximately US$583,000 over the five-year term.
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FLYHT Aerospace Solutions Ltd. (TSXV:FLY)(OTCQX:FLYLF) announced Captain Mary I. McMillan's appointment as Executive Chair, supporting President & Interim CEO Kent Jacobs. McMillan brings extensive aviation industry expertise and international regulatory knowledge, aiming to guide FLYHT's strategy. With over 100 global customers and growing SaaS revenue, FLYHT is poised for growth in the aviation industry.
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-4%
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FLYHT Aerospace Solutions Ltd. (TSXV:FLY)(OTCQX:FLYLF) reported Q3 2023 financial results, with a 24.2% revenue decrease but significant growth in SaaS, Hardware, and Technical Services. EBITDA loss totaled $430,865, and net loss was $728,655. Cash and short-term investments totaled $1,939,959 at September 30, 2023.
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Rhea-AI Sentiment
End-of-Day
3.92%
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FLYHT AEROSPACE SLTNS LTD
OTC:FLYLF
FLYLF Rankings
FLYLF Stock Data
16.57M
30.98M
3.02%
23.39%
Small Arms Ammunition Manufacturing
Manufacturing
United States of America
Calgary