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. This transaction expands Fly Flyte's investor network with a NYSE-listed partner while aligning with Creatd's strategy of nurturing technology-enabled subsidiaries with scalable infrastructure and long-term value creation potential. The arrangement maintains Fly Flyte's operational independence and strategic focus as it transforms regional aviation through accessibility, convenience, and technology-driven operations.
Jeremy Frommer, CEO of Creatd, Inc., explained the company's broader portfolio approach: "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. 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." This philosophy underpins Creatd's continued advancement of its portfolio strategy through multiple active acquisition discussions.
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. The partnership with VTAK represents a significant step in Fly Flyte's growth trajectory, bringing additional resources and credibility as the company seeks to disrupt traditional regional aviation models. For more information about Creatd's portfolio approach, visit https://www.creatd.com.
The strategic importance of this investment extends beyond immediate financial implications. It validates Creatd's model of identifying and developing technology-driven companies with scalable potential, particularly in sectors like aviation where innovation can address market gaps. The involvement of a NYSE-listed entity like VTAK provides Fly Flyte with enhanced visibility and potential access to broader capital markets as it continues to develop its AI-enabled aviation platform. This development occurs within a broader context of Creatd's multi-sector focus, which includes media and advisory services alongside aviation, all supported through a shared services model designed to improve margins and expand market reach.
Investors and industry observers can follow developments through the company's newsroom at https://tinyurl.com/crtdnewsroom. The transaction demonstrates how strategic partnerships can accelerate growth for emerging companies in specialized sectors, particularly when aligned with clear operational frameworks and long-term value creation objectives. As regional aviation continues to evolve with technological advancements, partnerships like this one between VTAK and Fly Flyte may signal broader trends in how established public companies engage with innovative subsidiaries within larger corporate ecosystems.
