CybAero announced today that it has been selected by the Swedish Defense Materiel Administration (FMV) to conduct test and demonstration flights from Sweden's world-leading Visby class corvette in third quarter of 2015.
Sweden-based CybAero was chosen ahead of other international competitors. It is estimated that the flights, which will employ CybAero's APID helicopter systems, are to be conducted by the Swedish Armed Forces over Swedish waters in Q3, 2015.
The purpose of the flights is to test the strategic and tactical benefits of these systems onboard Swedish Navy vessels.
One of the most important applications of remotely piloted aircraft systems (RPAS) is within maritime applications, and in recent years, CybAero has worked hard to establish its systems in this segment.
CybAero will soon make its first deliveries to China Customs, which is the company’s first end client within maritime applications.
"Now that we have been chosen by FMV to conduct the test and demonstration flights, we have a great opportunity to put our systems on display, and this will serve as a good reference point for potential clients in Sweden and abroad," says Mikael Hult.
CybAero and Indra entered into a co-development agreement in 2009 that included customization of CybAero's helicopter platform APID 60 to maritime end-uses, tailor-made for Indra's needs. The jointly developed system is being marketed by Indra under the Pelicano product name
First North-listed CybAero has received a positive preliminary decision from ISP (the Swedish Agency for Non-Proliferation and Export Controls) for its application to export to a Chinese commercial end customer. In July 2014, CybAero signed a framework agreement with Chinese company AVIC for the delivery of at least 70 helicopter systems in total within the next eight years
The Swedish Agency for Non-Proliferation and Export Controls (ISP) has rejected the export license to CybAeros unmanned helicopter system export to China. CybAero signed a framework agreement with Chinese company AVIC for delivery of at least 70 helicopter systems in total, with at least 20 in the first three years and at least 50 the following five years
First North-listed CybAero, which develops and markets unmanned helicopters, has performed demo flights on location for its major Chinese customer AVIC, which signed a framework agreement with CybAero this summer with an order value of SEK 700-800 million. The news comes only days after Swedish Defence Minister Karin Enström has demanded an explanation from the general director of the state-run FOI defence research institute, over an alleged weapon's co-operation with China, according to Radio Sweden
Swedish firm, CybAero gets unmanned helicopters order guarantee worth $104 million over eight years to China. The order has been placed by a company in the Aviation Industry Corporation of China (AVIC) group, which develops and manufactures aircraft and various types of flying vehicles and has over 400,000 employees
Saab has won a US$19.7 million contract to provide component maintenance for the tactical mission system (TMS) on NH90 helicopters of the Swedish Armed Forces
CybAero has delivered the first remotely piloted helicopter system to Aviation Industry Corporation of China (AVIC) after extensive flight trials and factory testing. CybAero announced today that Factory testing and test flights were conducted in the latter half of June in collaboration with representatives of AVIC and CybAero's distributor ACC
Saab has won a $1.04 billion contract from Swedens military to construct two new Type A26 submarines and for mid-life upgrade of two Gotland-class submarines
CybAero will be switching to a new executive venue for its shares by moving to Nasdaq Stockholm from Nasdaq First North in 2016, the company said in a statement on Friday after a recent board meeting in this regard. CybAero has experienced strong growth in recent years and the board considers the move to Nasdaq Stockholm a natural step in the companys development, the company said
CybAero which designs and manufactures remotely operated choppers as completed tests of its remotely piloted helicopter systems to be supplied to China Customs for use from its new ships. The tests were performed with the Chinese shipyard that builds the ships for the end user
CybAero announced today that it has been granted a temporary export license by ISP (Inspectorate of Strategic Products), a Swedish government agency, for demonstration flights in China. These demonstration flights will be jointly carried out with the Aviation Industry Corporation of China (AVIC) in April and May for selected potential clients
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