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ACE 2026 - September 8th

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Flyte secures minority investment to accelerate AI operations
The FAA Part 135 operator welcomes a 19.98% strategic stake to support scalable fleet growth and AI-enabled optimisation.
Flyte operates a fleet of Cirrus Vision Jets equipped with whole-aircraft parachute and Safe Return autonomous landing systems.

Flyte has secured a strategic minority investment from Catheter Precision, with Catheter acquiring 19.98% equity ownership in the company. The minority investment ensures Flyte retains strategic and operational control of the company.

The investment enables scalable growth of the Flyte’s Vision Jet platform, supported by AI-driven optimisation across routing, pricing, dispatch and utilisation and long-term monetisation flexibility.

Marc Sellouk, CEO and founder of Flyte, says: “Flyte is operating today with certified aircraft, established routes and scalable infrastructure. Our model is rooted in disciplined execution, capital efficiency and measured growth, positioning us for the long-term evolution of regional air mobility. Demand for premium short-haul connectivity is accelerating, and Flyte is purpose-built for this moment, combining real operations, real infrastructure and a scalable fleet strategy focused on execution and long-term value creation.”

Flyte operates today in the same short-haul regional corridors targeted by future electric aircraft developers, generating operating data, route density and customer engagement using certified aircraft and established regulatory infrastructure.

Other News
 
Flyte Hops Florida will serve US East coast
March 21, 2026
Flyte is building a regional aviation platform designed to connect high-demand US travel corridors using modern Cirrus Vision Jets, operated by Flyte’s wholly owned subsidiary, Ponderosa Air, a Part 135 air carrier.
Catheter takes on assets of Creatd's Flyte
March 21, 2026
Catheter takes on total assets of AI firm Flyte
March 16, 2026
Vision Jet strikes the right balance for Flyte
February 9, 2026
The aircraft is optimised for regional missions in the 300–400nm range, where time savings, airport access and operating efficiency matter most. These include the Northeast and Florida corridors and secondary city pairs.