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Flight Safety Technologies Inc. (FLT WS) is in the Technology Industry
Latest News and Analysis
Flight Safety Appeals Amex Delisting Decision
MYSTIC, Conn. -- On July 3, 2008, Flight Safety Technologies, Inc. (AMEX:FLT) received notice from the American Stock Exchange that, based on the recent Amex status review of the company's plan to regain compliance with certain Amex continued listing standards, the Amex has determined it is appropriate for it to...
FedEx Express Earns FAA Certification for Innovative Flight Safety System
Technology Enhances 'Situational Awareness' for Safer Takeoffs and Landings MEMPHIS, Tenn. -- FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX), has achieved a milestone in innovative flight safety technology with Federal Aviation Administration FAA certification of a new aircraft avionic system that dramatically improves situational awareness for...
Flight Safety Announces Settlement of Class Action Suit
MYSTIC, Conn. -- Flight Safety Technologies, Inc (AMEX: FLT) announced that the U.S. District Court for the District of Connecticut has granted a motion for settlement of the Class Action Law Suit, In Re Flight Safety Technologies, Inc. Securities Litigation, Civil Action No. 3:04-CV-1175 CFD. Under the terms of the...
AMEX Accepts Company's Plan of Compliance
MYSTIC, Conn. -- On October 12, 2007, Flight Safety Technologies, Inc. (AMEX: FLT) received notice from the Amex Staff indicating that the Company is below certain of the Exchange's continued listing standards due to losses in three of its four most recent fiscal years and stockholder equity below $4 million,...
Flight Safety Announces TIICM Testing Schedule
MYSTIC, Conn. -- Flight Safety Technologies, Inc. (AMEX: FLT) announced that the Air Force has scheduled additional live-fire testing of the Company's TIICM MANPADS Countermeasure technology. The Air Force began a live fire test of the TIICM MANPADS Countermeasure system in November at a military test range. The...
Flight Safety Announces Settlement of Analogic Law Suit
MYSTIC, Conn. -- Flight Safety Technologies, Inc (AMEX: FLT) announced that it reached a settlement in the litigation pending in the U.S. District Court for the District of Massachusetts entitled Analogic Corporation v. Flight Safety Technologies Inc, et al, No. 06- 11288 JLT. Under the terms of the...
Flight Safety Announces Settlement in Principle of Class Action Suit
MYSTIC, Conn. -- Flight Safety Technologies, Inc (AMEX: FLT) the company announced that it reached a settlement in principle with the plaintiffs in the securities law class action litigation pending in the U.S. District Court for the District of Connecticut, In Re Flight Safety Technologies, Inc. Securities Litigation, Civil Action...
Flight Safety Announces New Board of Directors and Officers
MYSTIC, Conn. -- Flight Safety Technologies, Inc (AMEX: FLT) announces its new Board of Directors and the retirement of its founder Samuel A.Kovnat and co-founder Frank Rees effective Friday November 9th, 2007. Also retiring from the FST Board were Jackson Kemper, Senator Larry Pressler and Kenneth Wood. ...
FST Receives Notice from Amex of Noncompliance with Amex Listing Requirements
MYSTIC, Conn. -- On October 12, 2007, Flight Safety Technologies, Inc. (AMEX: FLT) received notice from the American Stock Exchange indicating that the Company is below certain of the Amex's continued listing standards as set forth in Section 1003 of the Amex Company Guide in that the shareholders' equity of...
Flight Safety Technologies Update
MYSTIC, Conn. -- Flight Safety Technologies, Inc (AMEX: FLT) Chairman and CEO, Sam Kovnat, issued the following statement on July 2, 2007. FST recently returned from the Paris Air Show, which is the world's premiere showcase for aviation. The FST booth, which was partially sponsored by the State...
Flight Safety to Get USAF Award
Wireless News03-24-2007Flight Safety to Get USAF AwardWIRELESS NEWS-March 24, 2007-Flight Safety to Get USAF Award C2007 10Meters - http://www.10meters.com Flight Safety Technologies reported that it has been notified of its selection by the U.S. Air Force to receive a Small Business Innovative Research SBIR contract award to investigate the...
Flight Safety To Receive USAF Award
MYSTIC, Conn. -- Flight Safety Technologies, Inc (AMEX: FLT) was notified today that it was selected by the U.S. Air Force to receive a Small Business Innovative Research SBIR contract award to investigate the applicability of its UNICORN[TM] airborne radar technology to UAV Unmanned Aerial Vehicles collision avoidance requirements. ...
Flight Safety Technologies, Inc. Completes Initial Aircraft Wake Safety Management Milestone
MYSTIC, Conn. -- Flight Safety Technologies, Inc (AMEX: FLT) announced that on February 28, 2007 it had achieved an important milestone in demonstrating the initial functional emulation of the Aircraft Wake Safety Management AWSM system. The demonstration of this functional emulation, based on aircraft arrivals previously recorded using SOCRATES and...
Flight Safety Technologies, Inc. Announces Board Realignment
MYSTIC, Conn. -- Flight Safety Technologies, Inc. (AMEX:FLT) announced that effective February 19, 2007 one of its four independent directors, Stephen P. Tocco, has resigned from the Board of Directors of the Company due to the challenges of growth at his current company, and his new role as Chairman of...
Various insiders of FLT purchased 20,000 shares.
M2 PRESSWIRE-12 January 2007-InsiderCow.com: Various insiders of FLT purchased 20,000 sharesC1994-2007 M2 COMMUNICATIONS LTD RDATE:11012007 Reported by InsiderCow.com at 1:59 PM EST, January 11, 2007: Various insiders of Flight Safety Technologies, Inc FLT purchased 20,000 shares of FLT from the open...
Various insiders of FLT purchased 347,800 shares.
M2 PRESSWIRE-5 January 2007-InsiderCow.com: Various insiders of FLT purchased 347,800 sharesC1994-2007 M2 COMMUNICATIONS LTD RDATE:04012007 Reported by InsiderCow.com at 5:30 PM EST, January 4, 2007: Various insiders of Flight Safety Technologies, Inc FLT purchased 347,800 shares of FLT from the open...
UPI, FLT, JDO, MAM, MEH, XNN Have Been Removed From Naked Short List Today.
M2 PRESSWIRE-4 January 2007-BUYINS.NET: UPI, FLT, JDO, MAM, MEH, XNN Have Been Removed From Naked Short List TodayC1994-2007 M2 COMMUNICATIONS LTD RDATE:04012007 BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short...
Flight Safety Technologies Featured in Airport Magazine Company's New System Could Generate Substantial Annual Savings for Airports and Airlines
MYSTIC, Conn. -- Flight Safety Technologies, Inc. (AMEX:FLT), a developer of technologies designed to monitor wake turbulence with the goal of reducing airport delays, and enhancing aviation safety, is the subject of the cover story in the current issue of Airport Magazine. The article, which was written by Dr. Neal...
Flight Technologies, Inc. AWSM Technology Update
MYSTIC, Conn. -- Flight Safety Technologies, Inc. (AMEX:FLT) Chairman Samuel A. Kovnat announced on November 6, 2006 during an interview in Wall Street.Net an update to the Company's schedule for testing of AWSM. The current schedule calls for initial AWSM emulation demos commencing in December, 2006. These initial demos are...
Flight Safety Technologies Funding From FAA in 2007 Appears Unlikely
MYSTIC, Conn. -- Flight Safety Technologies, Inc. (AMEX: FLT) indicated that funding from the FAA appears unlikely for 2007. The Company previously learned that in a July 12, 2006 letter to the FAA, Chairman Don Young and Ranking Member James Oberstar of the US House of Representatives Committee...
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- Incorporated: 2001
- CEO: Mr. Samuel A. Kovnat
- Employees: 8
Flight Safety Technologies is engaged in the development of four new technologies designed to enhance aviation safety and capability. These technologies include: AWSM™, a technology it is developing into a system of sensors and other components to form a wake vortex avoidance system; SOCRATES®, a technology it is developing into a ground-based laser acoustic sensor to detect and track wake vortices at airports; UNICORN™, a technology it is developing into an airborne radar for collision avoidance and ground proximity warning; and TIICM™, a technology it is developing into a system to protect commercial and military aircraft against terrorist threats from heat seeking missiles.
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Flight Safety Technologies Inc. Company Info
Board of Directors
Mr. Samuel A. Kovnat
Chairman
Captain William B. Cotton
Vice-Chairman
Mr. Frank L. Rees
Mr. Jackson Kemper Jr.
Mr. Joseph J. Luca
Senator Larry L. Pressler
Mr. Kenneth S. Wood
Mr. James A. Schwartz
Mr. Wes Cummins
Contact Information
28 Cottrell Street
Mystic, CT
860 245-0191
NAICS Code
Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing: 334511Brought to you by IBMSponsored Resources
