\n
TORONTO, May 15, 2025 \u2013 Firan Technology Group Corporation (TSX: FTG) (OTCQX: FTGFF) (\u201cFTG\u201d or \u201cthe Corporation\u201d) today announced that its FLYHT subsidiary has been awarded a Supplemental Type Certificate (STC) by Transport Canada Civil Aviation (TCCA) for the AFIRS Edge+TM product on the Boeing 737NG family of aircraft. This milestone certification clears the path for global deployment of FLYHT\u2019s 5G Wireless Quick Access Recorder (WQAR) on one of the world\u2019s most widely used commercial airframes.<\/p>\n
\u201cThe Edge+ approval for the Boeing 737NG paves way for global installations of the industry\u2019s first 5G Wireless QAR plug-and-play solution and it is a pivotal achievement for our subsidiary FLYHT and a key part of our plan to create value from the FLYHT acquisition,\u201d said Brad Bourne, President & CEO of FTG. \u201cEdge+ replaces aging 2G and 3G recorders with a true 5G platform, ensuring airlines can continue to leverage real-time aircraft data for safety, operational efficiency, and innovation. We look forward to working closely with our airline partners to integrate Edge+ seamlessly into their fleets.\u201d<\/p>\n
The AFIRS Edge+ is a direct, plug-and-play replacement for legacy WQAR systems that are reaching end-of-life as older cellular networks sunset. As the industry\u2019s first 5G-enabled WQAR, the AFIRS Edge+ delivers the bandwidth and reliability required to meet next-generation data demands\u2014from advanced predictive analytics to reducing ACARS costs. With TCCA approval in hand, FTG will expand regulatory compliance to additional jurisdictions in the coming months, enabling broader market access for Edge+ across Boeing 737NG operators worldwide.<\/p>\n
ABOUT FIRAN TECHNOLOGY GROUP CORPORATION<\/p>\n
FTG is an aerospace and defense electronics product and subsystem supplier to customers around the globe. FTG has two operating units:<\/p>\n
FTG Circuits manufactures high-tech, high-reliability printed circuit boards. Our customers are leaders in the aviation, defense, and high-tech industries. FTG Circuits has operations in Toronto, Ontario, Chatsworth, California, Fredericksburg, Virginia, Minnetonka, Minnesota, Haverhill, Massachusetts, and a joint venture in Tianjin, China.<\/p>\n
FTG Aerospace designs, certifies, manufactures and provides in-service support for illuminated cockpit products and electronic assemblies for original equipment manufacturers and operators of aerospace and defense equipment. FTG Aerospace has operations in Toronto, Ontario, Calgary, Alberta, Chatsworth, California and Tianjin, China.<\/p>\n
The Corporation\u2019s shares are traded on the Toronto Stock Exchange under the symbol FTG, and on the OTCQX Exchange under the symbol FTGFF.<\/p>\n
FORWARD-LOOKING STATEMENTS<\/p>\n
This news release contains certain forward-looking statements. These forward-looking statements are related to, but not limited to, expectations regarding the potential benefits and synergies of the Transaction for FTG, delisting of the FLYHT Shares from the TSX Venture Exchange and FTG\u2019s intention to cause FLYHT to cease to be a reporting issuer. Forward-looking information typically contains words such as \u201canticipate\u201d, \u201cbelieve\u201d, \u201cexpect\u201d, \u201cplan\u201d or similar words suggesting future outcomes. Such statements are based on the current expectations of management of the Corporation and inherently involve numerous risks and uncertainties, known and unknown, including economic factors and the Corporation\u2019s industry, generally. The preceding list is not exhaustive of all possible factors. Such forward-looking statements are not guarantees of future performance and actual events and results could differ materially from those expressed or implied by forward-looking statements made by the Corporation. The reader is cautioned to consider these and other factors carefully when making decisions with respect to the Corporation and not place undue reliance on forward-looking statements. Other than\u00a0as may be required by law, FTG disclaims any intention or obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.<\/p>\n
For further information please contact:<\/strong><\/p>\nBradley C. Bourne, President and CEO
Firan Technology Group Corporation
Tel: (416) 299-4000 x314
bradbourne@ftgcorp.com<\/p>\n
Jamie Crichton, Vice President and CFO
Firan Technology Group Corporation
Tel: (416) 299-4000 x264
jamiecrichton@ftgcorp.com<\/p>\n
Additional information can be found at the Corporation\u2019s website www.ftgcorp.com<\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"
TORONTO, May 15, 2025 \u2013 Firan Technology Group Corporation (TSX: FTG) (OTCQX: FTGFF) (\u201cFTG\u201d or \u201cthe Corporation\u201d) today announced that its FLYHT subsidiary has been awarded a Supplemental Type Certificate (STC) by Transport Canada Civil Aviation (TCCA) for the AFIRS Edge+TM product on the Boeing 737NG family of aircraft. This milestone certification clears the path […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12024],"tags":[91028,26629,12576,17895,5362,730,13616,3463,11278,13806,91027,3912],"dealstore":[],"offerexpiration":[],"class_list":["post-249318","post","type-post","status-publish","format-standard","hentry","category-aerospace","tag-737ng","tag-achieves","tag-boeing","tag-certification","tag-edge","tag-family","tag-firan","tag-group","tag-major","tag-milestone","tag-tcca","tag-technology"],"yoast_head":"\n
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