Catheter Precision, Inc. (NYSE American: VTAK) has acquired a 20% equity interest in Fly Flyte, Inc., a subsidiary of Creatd, Inc. (OTCQB: CRTD), through a secondary purchase from an existing shareholder. The transaction represents a strategic partnership that expands Fly Flyte's investor network with a publicly-traded company while maintaining the aviation subsidiary's operational independence.
This investment aligns with Creatd's stated strategy of nurturing technology-enabled subsidiaries with scalable infrastructure and long-term value creation potential. Jeremy Frommer, CEO of Creatd, explained the company's broader vision: "Creatd is committed to building a portfolio of operating companies in the small-cap space. We see an opportunity to address the white space created by the contraction of middle markets over the last two decades." The company aims to integrate capabilities from banking, investing, advisory, branding, investor relations, financial analysis, and operational leverage to build a foundation of interlinked services supporting growth-driven companies.
Fly Flyte is operational today, 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 technology-driven approach to transforming regional aviation through accessibility, convenience, and operational efficiency represents a significant innovation in the aviation sector.
The partnership with VTAK provides Fly Flyte with additional validation and resources as it scales its operations. For business and technology leaders, this transaction demonstrates how established companies are increasingly investing in AI-driven aviation solutions that address regional transportation gaps. The aviation industry continues to evolve with technology integration, and investments like this signal confidence in AI's potential to reshape traditional transportation models.
Creatd continues advancing its portfolio strategy through multiple active acquisition discussions, indicating further expansion of its technology-driven company portfolio. The company's shared services model enables portfolio companies to scale efficiently, improve margins, and expand market reach. For investors and industry observers, this transaction highlights the growing intersection of aviation technology and strategic corporate investment in specialized market segments.
Further information about Creatd is available at https://www.creatd.com. The latest news and updates relating to CRTD are available in the company's newsroom at https://tinyurl.com/crtdnewsroom.
