FLYHT Receives Canadian Patent for FLYHTStream

FLYHT Receives Canadian Patent for FLYHTStream

Calgary, Alberta – May 30, 2018 – FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) is pleased to announce the receipt of the Canadian Patent for their real-time data streaming technology, FLYHTStreamTM.

The Canadian Patent for the Company’s commercially available emergency data streaming technology was granted by the Canadian Intellectual Property Office and will add to FLYHT’s existing patents for this technology in China and the United States.

“FLYHT is the industry leader in real-time data streaming and recently demonstrated the functionality for cockpit audio and flight data streaming as part of the Boeing EcoDemonstrator Program,” remarked FLYHT’s CTO Derek Graham. “This patent protects our intellectual property which we believe will ultimately be adopted throughout all of commercial air transport.”

FLYHTStream is used during an emergency or abnormal situation onboard an aircraft. It sends flight data recorder information to the airline immediately, through a real-time communications network, so airlines and investigators know the status and exact location of the aircraft. Data streaming is initiated either automatically during an unsafe condition, by the pilots through an event button in the cockpit or by the operations team on the ground through the UpTimeTM server. Key airline personnel are notified immediately, and essential data is streamed from the aircraft.

This technology meets industry requirements. The International Civil Aviation Organization (ICAO) has passed a performance-based requirement for new aircraft type designs to make the flight recorder data available in a timely manner by 2021. The intent of ICAO’s Timely Access to Flight Recorder Information is to resolve problems recently encountered when aircraft and their black boxes cannot immediately be accessed. See more on the requirement in the June 5, 2017 edition of the FLYHT CEO Letter.

This patent number 2,796,119 is titled Automated Aircraft Flight Data Delivery and Management System with Demand Mode and was issued on May 1, 2018.

Visit FLYHT’s website for a video of the FLYHTStream technology.

About FLYHT Aerospace Solutions Ltd.

FLYHT’s mission is to improve aviation safety, efficiency and profitability (located in Calgary, Canada; publicly traded as: FLY:TSX.V; FLYLF:OTCQX). Airlines, leasing companies, fractional owners and original equipment manufacturers have installed the Automated Flight Information Reporting System (AFIRSTM) on their aircraft to capture, process and stream aircraft data with real-time alerts. AFIRS sends this information through satellite networks to the UpTimeTM cloud-based data center, which provides aircraft operators with direct insight into the operational status and health of their aircraft and enables them to take corrective action to maintain the highest standard of operational control.

Contact Information

FLYHT Aerospace Solutions Ltd.
Alana Forbes
Chief Financial Officer
403-291-7437
aforbes@flyht.com

Adelaide Capital Markets Inc.
Deborah Honig
647-203-8793
deborah@adelaidecapital.ca
Join us on social media!

www.facebook.com/flyht
www.twitter.com/flyhtcorp
www.slideshare.net/flyhtcorp
www.youtube.com/flyhtcorp
www.flyht.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.

Filter News Release By Year

Featured News

FLYHT Awarded Western Innovation Initiative (WINN) Loan of $2.76 Million
FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) has...
FLYHT Appoints Jeffrey Rex VP of Sales & Marketing
Company Announces Management Changes Calgary, Alberta – November 23, 2018 – FLYHT Aerospace...
FLYHT Reports Third Quarter 2018 Results
Calgary, Alberta – November 7, 2018 – FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX:...
Customer Selects FLYHTHealth™ Product to Monitor Engine Exceedances in Real-time
In conjunction with AFIRS, FLYHTHealth gives airlines system-critical insights for proactive...
FLYHT Aerospace Solutions Ltd. Schedules Third Quarter Conference Call
Calgary, Alberta – November 2, 2018 – FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX:...

Total Customer Flights

As of November 30, 2018

Flight hours with AFIRS onboard

As of November 30, 2018

FLY.V on TSX.V

 Updated: 2018-12-10 - 16:00:00 Symbol: FLY.V 
Open: $1.13
Volume: 46003
Last: $1.10
Day Hi: $1.13
Change: $+0.02
Day Low: $0.99

FLYLF on OTC QX

 Updated: 2018-12-10 - 16:00:00 Symbol: FLYLF 
Open: $0.86
Volume: 5575
Last: $0.80
Day Hi: $0.86
Change: $-0.05
Day Low: $0.74