Creatd, Inc. announced that Catheter Precision, Inc. has acquired a 20% equity interest in its subsidiary Fly Flyte, Inc. through a secondary purchase from an existing shareholder. The transaction represents a strategic partnership that expands Fly Flyte's investor network by adding a NYSE-listed company while maintaining the aviation subsidiary's operational independence.
The acquisition aligns with Creatd's strategy of nurturing technology-enabled subsidiaries with scalable infrastructure and long-term value creation potential. Jeremy Frommer, CEO of Creatd, stated the company is committed to building a portfolio of operating companies in the small-cap space, addressing what he described as white space created by the contraction of middle markets over the last two decades. "By integrating capabilities from banking, investing, advisory, branding, investor relations, financial analysis, and operational leverage, we can build a foundation of interlinked services to support growth-driven companies and provide pathways for them to scale or transition to listed entities," Frommer explained.
Fly Flyte is currently operational, providing AI-enabled regional aviation services designed to increase accessibility and convenience. The company leverages certified aircraft, established routes, and scalable infrastructure to deliver real-time revenue while positioning for long-term expansion. This investment comes as Creatd continues advancing its portfolio strategy through multiple active acquisition discussions, indicating ongoing momentum in the company's growth approach.
The strategic importance of this transaction extends beyond the immediate capital infusion. For Fly Flyte, gaining a NYSE-listed investor provides enhanced credibility and potentially broader access to capital markets as the company seeks to transform regional aviation through technology-driven operations. For VTAK, the investment represents diversification into the aviation technology sector through a company that claims to be generating real-time revenue with established infrastructure.
This development matters because it demonstrates how smaller technology companies are attracting investment from larger, publicly-traded entities seeking growth opportunities in specialized sectors. The aviation industry, particularly regional services, has faced significant challenges in recent years, and technology-driven approaches like Fly Flyte's AI-enabled services represent potential solutions to accessibility and efficiency issues. The partnership could signal increased investor interest in aviation technology startups that have moved beyond conceptual stages to operational status with revenue generation.
Industry observers will be watching how this strategic partnership develops, particularly whether VTAK's involvement accelerates Fly Flyte's expansion plans or leads to additional collaborations between the companies. The transaction also highlights Creatd's evolving role as a portfolio builder in the small-cap technology space, with implications for how similar companies might structure their growth strategies. For more information about Creatd, visit https://www.creatd.com. Additional updates relating to the company are available at https://tinyurl.com/crtdnewsroom.
