FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  RILEY BRYANT R
 2. Date of Event Requiring Statement (Month/Day/Year)
08/04/2005		 3. Issuer Name and Ticker or Trading Symbol
FLIGHT SAFETY TECHNOLOGIES INC [FLT]
(Last)
(First)
(Middle)
11100 SANTA MONICA BLVD, SUITE 800		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) __X__ Other (specify below)
Specify Other Test
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

LOS ANGELES, CA 90025		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 741,600
I
.Footnote 1 (1)
Common Stock 63,400
I
Footnote 2 (2)
Common Stock 4,100
I
.Footnote 3 (3)
Common Stock 6,000
I
.Footnote 4 (4)
Common Stock 6,000
I
.Footnote 4 (4)
Common Stock 6,000
I
.Footnote 4 (4)
Common Stock 6,000
I
.Footnote 4 (4)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
RILEY BRYANT R
11100 SANTA MONICA BLVD, SUITE 800
LOS ANGELES, CA 90025		       Specify Other Test

Signatures

/s/ Bryant R. Riley 08/08/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Sole equity holder of Riley Investment Management, LLC, manager of SACC Partners, LP
(2) Sole equity holder of B. Riley & Co., Inc.
(3) Trustee of the B. Riley & Co. Retirement Trust
(4) Shares held by Reporting Person as custodian for his children. Reporting Person disclaims beneficial ownership of these securities, and this report should not be deemed an admission that Reporting Person is the owner of such securities for purposes of Section 16 or any other purpose
 
Remarks:
Reporting Person maintains sole dispositive power over all shares
listed, which totals over 10% of outstanding stock. However Reporting
Person disclaims beneficial ownership of shares held as custodian for
his children.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.