Off-market insider buying at FLYHT Aerospace Solutions (FLY)

Off-market insider buying at FLYHT Aerospace Solutions (V:FLY)

Brent Rosenthal, a Director, acquired 333,333 Common Shares on a direct ownership basis at a price of $0.750 through a private transaction on July 21st, 2021. This represents a $250,000 investment into the company's shares and an account share holdings change of greater than 100%.

Eight other insiders also participated in the private placement in smaller amounts. 

FLYHT Aerospace Solutions is in the Aerospace & Defense Sub Industry Group under the Industrials Sector.

FLYHT Aerospace Solutions Ltd is a Canada-based designer and developer of products and software for, and a service provider to, the aerospace industry. It supports aviation customers in different sectors, including commercial, business, leasing and military operators. It provides aircraft intelligence and cockpit communications for the aerospace industry. Its tools deliver on-demand data and voice communication between the aircraft and operations groups on the ground. Its technology, the Automated Flight Information Reporting System (AFIRS), operates on multiple aircraft types and provides functions, such as safety services voice and text messaging, data collection and transmission, as well as on-demand streaming of flight data recorder (black box), engine and airframe data. AFIRS sends the information through the Iridium satellite network to its UpTime ground-based server, which routes the data to customer-specified end points and provides an interface for aircraft interaction.