As-Ip Tech, Inc. Enters into A Heads of Agreement to Supply its fflya System to WIZZ Air Hungary Airlines Limited
March 12, 2020 at 04:22 pm
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On March 11, 2020, AS-IP Tech, Inc. (ASIP) entered into a Heads of Agreement to supply its fflya system to WIZZ Air Hungary Airlines Limited (WIZZ). Under the fflya program, ASIP provides an integrated in-flight ultra low cost connectivity solution, utilising the latest Iridium Next Low Earth Orbit (LEO) satellite constellation, onboard Bluetooth network, text Chatbots and embedded app technology. With fflya, passengers are provided with free inflight text chat and interactive promotions. Under the terms of the agreement, a fflya system will be installed on one WIZZ aircraft in second quarter of 2020 for certification and program formulation, and on a second aircraft in third quarter of 2020, for passenger and operational evaluation. On completion of the evaluations, WIZZ will have the option to negotiate a Final Agreement with ASIP for a minimum term of three years.
AS-IP Tech, Inc. owns a technology, which comprises two product lines called BizjetMobile and fflya. The products deliver inflight connectivity for business aviation and commercial airlines respectively. The Company sells its products through distributors of products and provides services through its intellectual property. The Company is engaged in development and marketing of airline versions of its fflya and CrewX technology. BizjetMobile and CrewX are designed for business jets and sold in North America, Europe and the Middle East. The Companyâs fflya system is designed for and marketed to airlines in Europe and Asia. The Company has secured its launch fleet, Wizz Air Hungary Airlines Limited, to provide its fflya system for 19 of its United Kingdom-based A320 and A321 aircraft for a minimum of three years. The Company has also secured a Supplemental Type Certificate (STC) for its Iridium Certus 100 platform, which is delivered to Wizz Air United Kingdom for installation.