SpectraSensors, a subsidiary of Endress+Hauser, has sold its Water Vapor Sensing System (WVSS-II) product line to FLYHT Aerospace Solutions
The WVSS-II is a sensor installed on aircraft and provides water vapour measurements in near real-time throughout an aircraft’s flight. These observations directly benefit weather forecasting and improve weather support to aviation.
The acquisition includes manufacturing assets, inventory, aviation-specific intellectual property, and a license to SpectraSensors’ Tunable Diode Laser Absorption Spectroscopy (“TDLAS”) technology for use in the weather and aviation markets.
FLYHT [TSX: FLY] provides airlines with Actionable Intelligence to transform operational insight into immediate, quantifiable action, delivering industry leading solutions to improve aviation safety, efficiency and profitability. This unique capability is driven by FLYHT’s patented aircraft certified hardware products including AFIRS™, a satcom aircraft interface device which enables real-time streaming of flight information, cockpit voice and black box data streaming and TAMDAR™, which aggregates and streams airborne weather data in real-time. FLYHT is headquartered in Calgary, Canada with an office in Littleton, Colorado, and is an AS9100 Quality registered company.
EC M&A acted as exclusive M&A advisor to SpectraSensors on this transaction.
