Our Bureau
11:15 AM, October 30, 2017
CybAero, Skyworks Team Up For Gyroplanes Development
Representative picture.

Swedish aerospace company CybAero has signed an agreement with Skyworks Global, an American company that focuses on the design and development of high performance gyroplanes.

Skyworks will provide CybAero with a perpetual license to their gyro technology intellectual property. In return CybAero will share joint intellectual property in the research and development.

CybAero and Skyworks have further agreed on going into discussions as to joint product marketing, sales, and revenue share, once a market ready APID version has been developed with any of Skywork’s intellectual property integrated.

Brigadier General (Ret) John Michel; Director, Executive Committee at Skyworks Global comments: “We are excited about the opportunity to partner with one of the world’s leading Remotely Piloted Aircraft System developers in CybAero. We are convinced the combination of Skyworks revolutionary gyrocraft technology and CybAero’s extensive market understanding and positioning will net potentially transformative applications in the rapidly expanding field of RPV’s.”

Michael Auerbach; Chairman at CybAero comments: “There is great opportunity for us in partnering with Skyworks, the world leader in gyronautics. Skyworks has vast knowledge and are visionaries in the aeronautical industry. We see high potential in this partnership and the applications it might bring. Together we can work forward on improving and revolutionizing the future of RPAS”.

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