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Yes growth for our 1st partner would mean more potential for us in the future...def a good thing. Seems testing has switched gears to some degree. After seeing a quick jump in downloads to 100+ when Wizz first started the passenger flights that number has not increased in a little over a month now. Maybe more features being added in? Or this round of testing has completed and was maybe enough to start deploying some units into a portion of the Wizz Fleet?
From the recent PR
"The benefits fflya will create especially for the Low-Cost Airline sector and their passengers, will only enhance this unique service. We will announce more details shortly."
Maybe we hear something in the next few weeks?
Excited for what 2022 could bring to this project.
And Yes Merry Christmas, Happy Holidays and Happy New Year to all...!!
imho
mj
A good thing, glad Wizz got the spots. Merry Christmas to all
Just to clarify further, both Easyjet and RyanAir trialed video servers, but rejected them as they didn’t add up.
Thank you for that info and insight. As I was looking through the website this part certainly had gotten my attention.
MEETLEO Lightweight connectivity
Low-cost, maintenance-free, low-bandwidth inflight connectivity, adds our patent-pending window antenna and proprietary software to the award-winning AirFi Box.
Thx again for any input you may have as your wealth of knowledge and experience in this field is likely 2nd to none.
Imho
Mj
FYI, there are 10 companies like Airfi, who build portable video servers. All 6 major ones have approached us to enable their boxes, so they can process live credit card to sell their movies and retail.
We have said no to all, as the content they host is outdated expensive and most people have Netflix type subscriptions and download before they fly. Their revenue models don’t add up, as passengers on low cost airlines won’t pay to watch content. On retail we enable the airline to do that via their own app, so they don’t need a wifi box.
I should note that in October 2019 airfi announcement that they were going to enable Atlantic Airways with Iridium on the product call LEO. (A good example of vapourware). They had to retract the original announcement as they are not an Iridium developer. Iridium responded with a comment that they had no idea what Airfi was talking about. What they stated they were going to do was not technically possible.
On Pivotel and Sky5, being in Australia I can tell you that concept failed years ago which is why Qantas and Virgin both have wifi satellite broadband. Doesn’t add up on a major airline so a regional minor airline isn’t going to make it work.
I will provide you a bit more insight on the difference between what we do, versus all wifi platforms.
Some other connectivity solutions I've stumbled across recently.
https://www.airfi.aero/
https://paxex.aero/skyfive-pivotel-australia-atg-wifi/
Hopefully things are in place and ready to hit the ground running for fflya if/when other airlines show interest.
imho
mj
Sounds good to me :)
Will be interesting to see how and when the rest of the bells and whistles will be deployed to the service. Will it be embedded into the Wizz App from the get go on launch or will there still be a need for passengers to DL the fflya app directly for a time? And it looks like Wizz already has a booking platform for cars etc. How does that fit in..are we included at all in that maybe on the back end? Or will they be switching it over to the offering from Fflya fully? Still a lot about this we really don't know. Guess all will be cleared up in time.
imho
mj
IPTK has been tightly focused on only the low cost carriers. But this statement is true of any airline, any size or type, anywhere.
"Hyping the passenger benefits of the fflya solution likely misses the key value proposition for an airline. The potential operational and back-office benefits could prove dramatic, even on a very, very lightweight connection link."
https://paxex.aero/wizzair-inflight-connectivity-wifi-fflya-bluetooth/
The future market for fflya may be much larger than what we're thinking now
Interesting read there. Excited to just see how this all plays out...getting traction with airlines, getting traction with passengers. The potential seems to be there.
You look at GOGO...they sold the commercial arm of their business for $400M and never turned a profit.
It's hard to see a scenario where Fflya launches, shows some early adoption, shows they can monetize, be on a short path to profitability and not get some serious inquiries for merger/acquisition. Free connectivity, low cost structure and over head, basically free to the airline. The ingredients seem to be there. Hopefully passengers find it useful and we all go for a nice long ride.
another day closer to finding out...
imho
mj
I posted this here in 2019, probably still true, maybe more so with all the Covid shutdowns. Bold emphasis is mine
Panasonic Avionics: “jury’s still out” on profitability of in-flight connectivity
“Prices are falling rapidly, but if you are a service provider like ourselves, you’ve got to position yourself so that you make a penny or two on every megabit you deliver,” he said. “Otherwise, the business is not sustainable. That is the biggest challenge in our marketplace today. Growth: not a problem. Profitability: a real problem.”
“Business is booming but no one is making money,” said Claude Rousseau, research director at Northern Sky Research, adding that inflight connectivity providers have a number of challenges to turning a profit that have yet to be worked out.
“It’s very capital intensive and the take rates are still too low. We see that the price for connectivity hasn’t moved much, except when it’s free, but then if it’s given for free somebody has to pay for it. In the end if it’s not the passenger, it will be the airline or the service provider, and in that latter case the service provider has a hard time recouping the money,” he said."
http://spacenews.com/panasonic-avionics-jurys-still-out-on-profitability-of-in-flight-connectivity/
And that article snippet goes along with what Ron has said for years about passengers believing connectivity should be free. And lends itself pretty good to this past message of Ron's...one of my personal favorites from the greatest hits list..lol. Passengers want free - Asip can do this with their business model and offerings..For the full on WIFI providers that's a whole other animal...not so easily accomplished.
asiqlimited Friday, 10/01/21 09:58:32 PM
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of 1163
I get asked a lot of questions of late regarding inflight Wifi, so I thought you might find my response interesting.
What you will see over the coming months as major international airlines WI-FI come back to life is, a lot of hype. Wi-Fi companies will rebrand their solutions however, a new hat on a pig, is still a pig.
There will be even more hype on the new low earth orbit satellite constellations being implemented by SpaceX, Amazon, and One Web. (A fatter pig). They operate on the same frequencies as existing WI-FI platforms and these satellites do not stand still. Although they can use the same Wi-fi installations, to deliver their service will be more complicated. While they promise data rates will increase, it just means passengers eat more data, which means more cost.
All they will achieve is make a painfully slow system faster. Even if they could deliver 100-200Mb per aircraft ( currently 15Mb), sharing that with 200-400 passengers just means a faster pig.
So when you see an article on "better or new in-flight Wi-Fi". Bear in mind it took five specialist aircraft satellite companies and two aircraft manufactures approx $10 billion and 18 years to create the current pig, and yet the best European low cost airlines in the world still don't have it. One now has fflya.
imho
mj
"I think, long-term, the trend towards more connectivity for aircraft is undeniable, it's unstoppable, and airlines have realized that," says Intelsat's van Essen.
The next challenges are to move to a free Wi-Fi model where airline passengers can easily connect to the internet without having to pay, as they commonly do in hotels and coffee shops, and to enable carriers to leverage the connectivity pipe to achieve operational benefits.
"People are accustomed to free Wi-Fi. But Wi-Fi is not free. It costs a billion dollars to put up a satellite, it costs millions of dollars to set up a ground network, and it costs hundreds of millions of dollars to get the equipment on to the aircraft to make the whole thing work properly. On top of that, the cost per megabyte to an airplane is very high compared to what you pay on a ground network," says Honeywell's Peterson."
http://interactive.satellitetoday.com/via/june-2021/in-flight-wi-fi-demand-set-to-soar-as-airlines-fly-out-of-covid-storm/?fbclid=IwAR2XWt0_8k1ZwVYibFH4Ru3pFOrzik0omzIBzBxnMrrbZDHGkBbKTDXMq68
imho
mj
Yeah I had thought the same thing but not sure how that comes together in the end. I asked about that in the past...it seems maybe some instances the 2 could co exist to a degree maybe? But I do remember Ron mentioning something about that. Saying something along the lines of them having to recoup the initial WIFI equipment fees etc and getting them to install something that would be free to passengers might be a bit of a challenge. But if there are other benefits and it could maybe actually help them generate some revenues to help them cover the costs with the WIFI setup...then maybe I do see something there. Guess we shall see.
imho
mj
I don't see a reason why a major airline that has wifi wouldn't consider fflya also. Take rate on wifi purchases I believe was much higher by the business travelers than the leisure travelers. Once established as a money maker fflya may get interest from them. From that 12/6 article
"Hyping the passenger benefits of the fflya solution likely misses the key value proposition for an airline. The potential operational and back-office benefits could prove dramatic, even on a very, very lightweight connection link."
https://paxex.aero/wizzair-inflight-connectivity-wifi-fflya-bluetooth/
Yeah even though with Covid it was pretty clear that many businesses would probably find better, cheaper or more efficient ways of doing business virtually etc...But I never really looked at the impact to business traveling from the airlines perspective.
Again ASIP seems to be positioned pretty well when looking at everything from a few different angles. This is another positive to add to that list.
It all seems to be coming together.
imho
mj
IPTK and fflya are targeting the right market, the leisure traveler. But it's not just the low cost carriers that are going to be looking for ancillary revenue.
‘Forever Changed’: CEOs Are Dooming Business Travel — Maybe for Good
A Bloomberg survey of 45 large companies in the U.S., Europe and Asia shows that 84% plan to spend less on travel post-pandemic."
https://www.bloomberg.com/news/features/2021-08-31/will-business-travel-come-back-data-show-air-hotel-travel-forever-changed
Hopefully this is what the 2022 deal roster for ASIP looks like - Let's just start dropping hardware units on all these guys as they roll out the door ;) Someone get me Franke's number lol
https://www.businesstoday.in/industry/aviation/story/indigo-partners-lead-order-for-255-airbus-a321neo-jets-312195-2021-11-15
imho
mj
Yea it sure seems that way. We are getting close to finding out. Upon a successful launch with Wizz it will be interesting to see how quickly traction is gained with other airlines being that many already have to be aware of ASIP after yrs in development and being on the circuit. The mention of a 3rd customer already in talks and one that wouldn't be a trial is pretty interesting as well. It would be great to get Wizz up and flying and have follow on news shortly after. Just seeing how many airlines are out there in the low cost space with no connectivity gives me a lot of confidence here...I'm surprised the market cap is still this low. Based on just potential alone I feel it could be higher. Of course there will be competition in some forms but there's a lot to like about the chances of ASIP being successful. Some bet on the jockey..some the horse...I like both here.
Imho
I agree, the cost for IPTK to expand would be lower than for most companies. It's a nice business model
Yeah it certainly seems these investors see the vision and the potential of what could lie ahead on the other side as there has been some serious investment made into this over the past so many years. I think back to those notes from last Dec...when they didn't convert...assuming they still haven't that is what really gave me confidence here that this wasn't the typical OTC company. ASIP and their investor partners all seem to be on the same page here for longer term success and have done a great job of protecting the share structure. It's hard not to get overly excited as we are on the verge of entering the revenue generating phase. It's all starting to come together. Hopefully they are able to execute and monetize this platform like we are thinking is possible. I'd imagine any company in this space that's actually able to turn a profit would get noticed pretty quickly. And with their low cost structure ASIP seems to be well positioned to achieve this.
imho
mj
They are confident that iptk has good product.
IPTK investors seem to be very willing to buy shares from the company for cash
"During the three month period ended September 30, 2021, the Company received subscriptions for capital of $290,057, for which it will issue 2,901,500 shares of common stock at $0.10 per share."
Subsequent to September 30, 2021, the Company has received cash of $300,867 as subscriptions for capital and for which it has or will issue 3,008,670 shares."
"As of November 12, 2021, there were 264,278,157 outstanding shares of the issuer’s Common Stock, $0.0001 par value."
https://www.otcmarkets.com/filing/html?id=15347285&guid=iOIwkqJkJZZ1dth
Looks like an increase of 9M+ shares added to the OS. Raising money to produce units for upcoming roll out? May see another filing soon?
$IPTK
— OTC Updates (@OtcUpdates) December 10, 2021
💰0.1300
Pink Current, AS: 500M, OS: 264M, US: 41M
Outstanding Shares Updated:
🔴 255,149,894 (2021-07-26)
🟢 264,278,157 (2021-11-12)
Difference: +3.6% (+9.1M)...
Full Details: https://t.co/9Cwt2aO555
Yeah Wow is right. Glad to see their share counts increasing instead of decreasing...keeps the confidence building. A few on the inner circle have some substantial sized bags of this issue.
Feels like we are on the runway and starting to gain some speed.
Hopefully we see a beautiful take off of the service early next year with a full on fleet deal from WizzAir. Been a long time in the making.
imho
mj
13g out, Eugen LOHYN owns 25M shares wow https://www.sec.gov/Archives/edgar/data/1067873/000185654921000005/schedule13glohyndec06.txt
Great! Thank You for updating us as much as you can. Will certainly be looking forward to hearing more in 2022!
Congrats again to you and the team for achieving the milestones you have up to this point, especially while having to navigate through the Covid hurdles over the past couple of years.
Cheers!
mj
Show Update - Unfortunately due Covid Omicron the show was severely limited.
On Monday night the UK gov issued a mandate that everyone arriving in the UK after 4am Tuesday must quarantine for 3 days. As the show was scheduled for Wed/Thursday, for everyone outside the UK attending was no longer an option.
While the show was a disappointment, our industry announcement had spread far and wide and we did update some key airlines following our progress.
Fortunately Wizz and I arrived in the UK Monday, so our meeting went as planned.
As only one aircraft is equipped and we are under NDA, I will not be providing a blow by blow description of the flight program.
What I can tell you is, passengers are using the app on every flight.
What we are seeing is typical of what you would expect on the ground. Some passengers sending over 100 messages in a flight, some only SMS or Email. Our chat interface to WhatsApp is proving to be popular. Makes sense due to the very high take-up of WhatsApp in Europe.
For the rest of this month will continue to fly and refine our program, start working with our strategic media partner and look forward to follow up discussions and concluding the trial early in the new year.
yeah someone keeps throwing up that 190k wall on the ask at .21. I don't know if they are trying to use that to entice selling into the bids at .12 or if they actually want to sell them. Either way they may lose those shares soon.
imho
mj
Smart investors bought before and will be buying now. Other will chase this later.
Yes I do like that they don't put out PR's too forward looking. I definitely like getting it done or nearly done and then talking about it.
This thing is now real. Its just a matter of execution and how well the passenger traffic takes to it.
Can feel the momentum building.
Maybe we get noticed when merged or acquired? Profitability in the airline connectivity space will likely get some major attention. Hopefully the monetization of it all comes together as we had hoped it would.
imho
mj
Well one thing certainly was just that their PR's didn't hit scanners or the financial sites over the past few yrs. However I see there has been a change for the better made on that side of things. This last one hit pretty much all the bases...Saw it on EtradePro, Bloomberg, Yahoo etc. So definitely limited reach in the past played a role in the stock staying this quiet. Also on the OTC most like to chase the sub penny high volume plays. Now that that game has changed a little people may find their way in here as news continues to flow. Feels like things are picking up. And I'm definitely interested to hear who the 3rd interested party might be...the one where it was stated that it wouldn't be a trial.
Will be interesting to see how well the monetization of all this comes together.
Hopefully they were able to create some nice leads at the World Aviation Festival last week.
Maybe we get an update on that.
imho
mj
IPTK has marketed themselves in Europe and Asia, very little in the US. The company is headquartered in Australia and Europe. And they've never done much in the way of "leading" prs, preferring to let their technology speak for itself. Which it will, imo, and soon
$IPTK - How this doesn't have more eyes on it is beyond me! Huge potential for future use.
IPTK - fflya - Note the emphasis by Wizz on fflya benefits BESIDES free messaging for passengers. Bold text is my emphasis
"Wizz Air gets online – without wifi!
6 December 2021 By Seth Miller Leave a Comment
The UI for WizzAir Text&Fly, powered by fflya's Bluetooth and LEO satellite solutionThe UI for Wizz Air Text&Fly, powered by fflya’s Bluetooth and LEO satellite solution
The first Wizz Air plane with in-flight connectivity entered service last week. But this is not a typical internet connection on a plane. Powered by fflya from ASIP Tech, the service approaches the very concept of on-board internet from a different perspective. And the implementation shows that difference
To see it flying and being enjoyed by passengers is a great reward for the incredible work of the ASIP Team. The benefits fflya will create especially for the Low-Cost Airline sector and their passengers, will only enhance this unique service.
– ASIP Tech President Ron Chapman
The fflya offering does not use WiFi on board. Rather, passengers connect to the system via Bluetooth. This is not a typical kit that allows unfettered browsing or even streaming content. Messaging services for passengers is the key use case, and the limited bandwidth available can pull that off without much trouble.
As ASIP Tech President Ron Chapman sees it, fflya’s massively lower capital and operating costs finally allow even the most cost-conscious airlines to address a passenger’s ever more pressing concern: “Why do I have to pay for connectivity on airlines?” And for LCCs, skipping the high capital expense for the install is a nice win.
Whether the free service is what passengers actually want remains to be seen.
Operational benefits galore
Hyping the passenger benefits of the fflya solution likely misses the key value proposition for an airline. The potential operational and back-office benefits could prove dramatic, even on a very, very lightweight connection link.
Payment processing is an important low-hanging fruit to secure. And it is easily addressed over the small connection. For a carrier with a significant in-flight sales operation, reducing the fraud and increasing the average transaction size likely covers the cost of the implementation.
Other maintenance needs can be similarly transmitted on the limited bandwidth. Weather and other critical operational data can also traverse that pipe without interrupting the other activities or incurring significant bandwidth costs.
Indeed, the company touts the eco-friendly advantages of the six kilogram solution based on its ability to deliver a connected flight deck solution. Live operational or weather data updates can help an airline optimize flight paths and reduce fuel burn
Airlines won’t be able to offload gigabytes of aircraft monitoring data from every flight nor can they update the IFE content over the air. But those are much lower priority, particularly for implementations such as the WizzAir trial.
Making the LEO connection
Fflya is the first commercial airline connectivity solution to take advantage of low earth orbit satellites. The company’s offering leverages the Iridium NEXT constellation and its 66 LEO satellites to offer connectivity anywhere on the globe. This also means a tiny, “patch” antenna that sits in an aircraft window rather than the massive kit mounted atop the fuselage typically associated with satellite-based internet connections.
The implementation cost comes in an order of magnitude lower. And while it is a very, very different level of performance from the system, that could still be enough to address an airline’s needs.
ASIP is not the only company pursuing the Iridium LEO network for IFC backhaul. AirFi announced a deal in 2018 to fit an Iridium antenna on Faroese carrier Atlantic Airways’ fleet. That took a delay owing to various issues, but earlier this year AirFi CEO Job Heimerikx suggested it would be operational just as soon as the teams could get back to traveling and complete the flight validation of the antenna hardware and connectivity to the Iridium network.
And, similar to the fflya offering with WizzAir, AirFi expects the back office benefits to make the business case. “The most important application right now is payments validation and sending orders to the ground,” Heimerikx explains. “We see that payment validation is a very important element to deliver a sustainable, profit-making solution from day one. And then passenger messaging is a nice bonus, but the system pays for itself.”
The AirFi option uses traditional WiFi connections in the cabin, however, which does open additional options for passenger-focused services beyond basic messaging and portal-driven shopping that fflya enables.
https://paxex.aero/wizzair-inflight-connectivity-wifi-fflya-bluetooth/
This website is about payments and is not airline related. Good to see notice outside the airline industry
https://thepaypers.com/mobile-payments/wizz-air-tests-wifi-lite-for-inflight-messaging-and-contactless-payments--1249849
awesome thanks for update!
GREAT NEWS! Thanks so much for sharing it!
We got a WINNER HERE!!!
Wizz seems to stay in the news...Great first partner.
https://simpleflying.com/wizz-air-italy-seven-bases/
imho
mj
I love this because if they start gaining traction in the industry...they win for their years of hard work and perseverance and we win for having some foresight and by offering support to their cause. Win/Win. Let's do this.
Looking forward to what 2022 brings here.
imho
mj
IPTK going to make patient shareholders VERY rich.
Its funny how investors chase stock and nobody pays attention to real ??
yeah strange dunno bout you guys but have been waiting for years with this one from a penny
yea probably an old shareholder
That has been seating for weeks now
some ass hat has 190K up for sale at 2199 seriously wtf
Such wonderful news and low float. Would love to see more volume hit today.
agreed I added more
fflya opens the inflight imagination of airline passengers by delivering products and services, plus exciting tours and attraction offers relative to where they are flying. fflya also reconnects passengers with family and friends through free messaging.
Only ASIP Tech has the unique fflya network that can deliver this exclusive inflight service.
It is made possible by the integration of the latest generation App technology, Bluetooth, and Low Earth Orbit Iridium Next satellites.
Combine this with fflya’s world first window antennae and no longer do you need to install complex, heavy, fuel burning antennas on the roof of your aircraft.
LEO’s are only 600 kilometers up and the existing 66 satellites provide global coverage. Each aircraft only require 2 unobtrusive window antennas. One on either side of the aircraft and everyone is connected.
LEO’s also mean a much smaller, lighter system which is simpler to install and that translates into a fully self funding program that we guarantee will generate revenue for your airline from day one.
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