FLYHT Aerospace
Solutions and MBS Electronic Systems Partner to Prototype Secure
Wireless Avionics Software
FLYHT and
MBS prototype developed for secure wireless avionics software vault
and onboard data loading solution to enable customers to fully
comply with new security requirements
Calgary, Alberta
and Gilching Germany - May 3, 2022 - InvestorsHub NewsWire
- FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the "Company" or "FLYHT")
today announced a cooperation with
MBS Electronic Systems GmbH ("MBS"), a leading provider of secure
data loading solutions that enable compliant avionics software
maintenance and safer flight operations. The two companies have
collaborated to develop a secure wireless avionics software and
onboard data loading solution with the goal of enabling customers
to fully comply with new security requirements.
Stated Kent Jacobs, President of
FLYHT, "Airlines have been seeking secure data loading that makes
for a lower cost and quicker installation and meets all regulator
requirements. This partnership with MBS enables us to combine our
AFIRS Edge platform, an advanced secure avionics data repository,
with an advanced avionics data loader capability provided by the
experts at MBS. Together, this creates a streamlined, secure
solution for airlines to utilize, complying with secure data
requirements and improving operating efficiency."
Added Dr. Charles Nicholls,
Technical Director at MBS, "As a leader in the secure portable data
loader field, we have seen increased demand from airlines for an
onboard solution that meets the guidance of ARINC 645-1. Together
with FLYHT, we can service this growing need among the
airlines."
Added Willie Cecil, Sales Director
at FLYHT, "Both companies' technologies are so mature that an
initial prototype solution was developed and will be demonstrated
in Memphis. We are excited by airline interest in our solution, and
we plan to qualify and certify the solution within the next six
months."
FLYHT and MBS plan to showcase the
new solution to airlines at the annual Aviation Maintenance
Conference in Memphis on May 10-12, 2022. This collaboration offers
the opportunity to evaluate the strength of a combined solution,
with the intention to solidify a financial arrangement following
the Memphis event.
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, which 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 preventative
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.
FLYHT is
headquartered in Calgary, Canada, and is an AS9100 Quality
registered company. CrossConsense, located in Frankfurt, Germany,
is an ISO9001 certified operation. For more information, visit www.flyht.com.
About
MBS Electronic Systems GmbH
Based in
Gilching, Germany, MBS provides the e-enabled data loading system
of choice for many of the world's largest and most prestigious
airlines. With innovative technologies and unrivalled customer
support and cooperation, MBS continually improves their product
features and adapts to the changing requirements of the industry.
MBS provides a secure, cost effective, reliable data loading
solution with a total commitment to quality and customer
satisfaction. For more information, visit
www.mbs-electronics.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. Although we believe that the expectations reflected
in the forward-looking information are reasonable, there can be no
assurance that such expectations will prove to be correct. We
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. 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 and industry conditions. 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. We undertake 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
Alana Forbes Matt Chesler, CFA
Chief Financial
Officer Investor Relations
403.291.7437 646.809.2183
aforbes@flyht.com flyht@fnkir.com
investors@flyht.com
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