FLYHT Extends Software Services Agreement for Middle East Customer
FLYHT Aerospace Solutions has renewed a multi-year contract to provide recurring software services for a Middle East military customer. The agreement, valued at approximately US$1.9 million over three years, covers software, voice, and data services for a fleet of 23 C-130 Hercules aircraft. The service package includes FLYHTLog for automated block and flight times, FLYHTFollow for global flight tracking and alerting, two-way text messaging, and satcom voice capabilities. This renewal demonstrates the continued value of FLYHT's AFIRS solution for military operations.
FLYHT Aerospace Solutions ha rinnovato un contratto pluriennale per fornire servizi software ricorrenti a un cliente militare del Medio Oriente. L'accordo, del valore di circa 1,9 milioni di dollari statunitensi per tre anni, comprende servizi software, voce e dati per una flotta di 23 aerei C-130 Hercules. Il pacchetto di servizi include FLYHTLog per tempi di blocco e volo automatizzati, FLYHTFollow per il tracciamento e l'allerta dei voli a livello globale, messaggistica testuale bidirezionale e capacità di voce tramite satcom. Questo rinnovo dimostra il valore continuato della soluzione AFIRS di FLYHT per le operazioni militari.
FLYHT Aerospace Solutions ha renovado un contrato por varios años para proporcionar servicios de software recurrentes a un cliente militar de Oriente Medio. El acuerdo, valorado en aproximadamente 1.9 millones de dólares estadounidenses durante tres años, cubre servicios de software, voz y datos para una flota de 23 aviones C-130 Hercules. El paquete de servicios incluye FLYHTLog para tiempos de bloque y vuelo automatizados, FLYHTFollow para el seguimiento global de vuelos y alertas, mensajería de texto bidireccional y capacidades de voz por satélite. Esta renovación demuestra el valor continuado de la solución AFIRS de FLYHT para las operaciones militares.
FLYHT Aerospace Solutions는 중동의 군 고객을 위해 반복 소프트웨어 서비스를 제공하는 다년 계약을 갱신했습니다. 이 계약은 약 190만 달러의 가치가 있으며, 23대의 C-130 허큘리스 항공기에 대한 소프트웨어, 음성 및 데이터 서비스를 포함합니다. 서비스 패키지에는 자동 블록 및 비행 시간 기록을 위한 FLYHTLog, 전 세계 비행 추적 및 경고를 위한 FLYHTFollow, 양방향 문자 메시징 및 위성을 통한 음성 기능이 포함되어 있습니다. 이 갱신은 군사 작전을 위한 FLYHT의 AFIRS 솔루션의 지속적인 가치를 보여줍니다.
FLYHT Aerospace Solutions a renouvelé un contrat pluriannuel pour fournir des services logiciels récurrents à un client militaire du Moyen-Orient. L'accord, d'une valeur d'environ 1,9 million de dollars américains sur trois ans, couvre des services logiciels, vocaux et de données pour une flotte de 23 avions C-130 Hercules. Le paquet de services comprend FLYHTLog pour l'automatisation des temps de bloc et de vol, FLYHTFollow pour le suivi mondial des vols et l'alerte, la messagerie texte bidirectionnelle et les capacités vocales par satcom. Ce renouvellement démontre la valeur continue de la solution AFIRS de FLYHT pour les opérations militaires.
FLYHT Aerospace Solutions hat einen mehrjährigen Vertrag zur Bereitstellung von wiederkehrenden Software-Diensten für einen militärischen Kunden im Nahen Osten erneuert. Die Vereinbarung, die einen Wert von etwa 1,9 Millionen US-Dollar über drei Jahre hat, umfasst Software-, Sprach- und Datendienste für eine Flotte von 23 C-130 Hercules Flugzeugen. Das Dienstleistungspaket beinhaltet FLYHTLog für automatisierte Block- und Flugzeiten, FLYHTFollow für globale Flugverfolgung und -benachrichtigung, bidirektionale Textnachrichten und Sprachfähigkeiten über Satellit. Diese Erneuerung zeigt den anhaltenden Wert der AFIRS-Lösung von FLYHT für militärische Operationen.
- Secured US$1.9 million contract renewal over three years
- Retained existing military customer, demonstrating product value
- Services implemented across substantial fleet of 23 aircraft
- None.
CALGARY, AB / ACCESSWIRE / December 12, 2024 / FLYHT Aerospace Solutions Ltd. ("FLYHT" or the "Company") (TSXV:FLY)(OTCQX:FLYLF) today announced that it has signed a multi-year contract renewal to provide recurring software services for a military customer located in the Middle East. The renewed agreement will help the end customer to continue to improve flight operations and maximize its efficiency.
The military customer is renewing a suite of software, voice and data services across its fleet of 23 C-130 Hercules aircraft. This includes FLYHTLogTM (automated block and flight times), FLYHTFollowTM (global flight tracking and alerting), two-way text messaging and satcom voice.
"We are honored to extend these services to support the end customer's military operations," commented Derek Taylor, VP Strategic Opportunities at FLYHT. "This multi-year renewal further validates the value of the AFIRS solution for their ongoing operational requirements and missions."
This contract renewal is valued at approximately US
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 post-flight via 5G, real-time aircraft state and fleet status analysis, and preventative 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. For more information, visit www.flyht.com.
Cautionary Note Regarding Forward-Looking Statements
Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, forward-looking information in this press release includes, but is not limited to, statements with respect to projected revenues and related matters. Although FLYHT believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. FLYHT cannot guarantee future results, performance, or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.
Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are founded on the basis of expectations, assumptions and hypotheses made by the Company, including, but not limited to projected revenues. Such forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include but are not limited to global economic conditions; industry conditions, and supply chain delays. Readers are cautioned that this list of risk factors should not be construed as exhaustive.
The forward-looking information contained in this news release is expressly qualified by this cautionary statement. FLYHT undertakes no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.
Contact Information:
FLYHT Aerospace Solutions Ltd. | FNK IR LLC |
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SOURCE: FLYHT Aerospace Solutions Ltd.
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