2023-06-29 12:15:10 ET
- FLYHT Aerospace Solutions ( OTC:FLYLF ) has received a new purchase order valued at $1.4M for Iridium modems and license fees from a long-time OEM partner.
- Under the terms of the existing agreement, the OEM customer will be licensing FLYHT's technology and delivering the AFIRS 228S system to their European airframer customer for three certified aircraft platform types.
- The products are scheduled for delivery throughout the remainder of 2023.
- FLYLF is +9.4% to $0.6714
- Source: Press Release
For further details see:
FLYHT jumps on $1.4M purchase order