WhereDaily News: FLYHT Agrees to Grant a Non-Exclusive License of Certain Intellectual Property for $2.5 million USD
CALGARY, ALBERTA--(Marketwired - Dec. 21, 2015) - FLYHT Aerospace Solutions Ltd. (TSX VENTURE:FLY)(OTCQX:FLYLF) (the "Company" or "FLYHT") today announced the granting of a non-exclusive license to use certain of its intellectual property (the "IP"). The license is granted to a technology company (the "Licensee") for an aggregate license fee of $2.5 million USD, payable in the first quarter of 2016.