Additional information about CybAero order from China - Announcement of customer
ET | Source:CybAero AB
The Swedish company CybAero, listed on the First North stock exchange, received
in January of this year an order for unmanned helicopter systems to be delivered
to China Customs. The purchased systems will be used for various tasks such as
customs control, port management, and to counter smuggling.
CybAero is one of the world’s leading players in the field of unmanned
helicopters. In January, the company received an order from Jolly Limited (Hong
Kong) and the Chinese shipbuilder CSSC (China State Shipbuilding Corporation)
for unmanned helicopter systems to be used by China Customs and at the end of
February, the company also received a license to export from the Swedish Export
China Customs will use CybAero’s unmanned helicopter APID 60 from ships.
“We are extremely excited about the high confidence received from the customer”,
says Mikael Hult, CEO of CybAero AB.
First Order from China
The Chinese order is very important for CybAero in several aspects.
“This is a milestone for us. It is our first order from China, an extremely fast
growing market with large sea areas to be monitored”, says Mikael Hult, CEO
Strong interest from Asia
CybAero’s unmanned helicopter has received considerable global attention due to
the fact that it is highly durable and cost effective. It has a range of 200 km
and a flight time of six hours. The order for the Chinese customs is the result
of many years of work within the Asian market.
“We have received this order in strong competition with both domestic and global
leaders. This is an important customer with great future development plans, and
we look at this as the start of a long-term cooperation”, says Niklas Nyroth,
Sales and Marketing at CybAero.
The order is a large leap for CybAero into the extensive Asian market.
“This project is for China Customs, and we see great opportunities for further
orders from this particular customer”, says Niklas Nyroth.
“The project is also an important reference for the entire market in Asia.
Several countries in this region view China as a technology development leader,
and when a Chinese customer has decided to invest in our unmanned system, so
will other clients with similar needs”, says Niklas Nyroth.
For more information please contact:
Niklas Nyroth, Director Sales & Marketing, CybAero AB
Phone: +46 70-896 12 46
Read more: www.cybaero.se Films: www.youtube.com/cybaero
CybAero AB develops, manufactures and sells autonomous, unmanned helicopters
(called VTOL UAVs) and related sensor systems for both defense and civilian
missions. CybAero formed in 2003 on the foundations developed in 1992 through
research collaboration between Linköping University and the FOI (Swedish Defense
Research Agency). CybAero is today with its brand APID established as a leading
global player in the VTOL UAV field. The company´s product APID has received
considerable global attention for its durability and cost effectiveness. CybAero
is headquartered in Mjärdevi Science Park in Linköping. The company has
approximately 30 employees and is listed on NASDAQ OMX First North. Remium
Nordic AB, phone +468-454 32 00, is Certified Adviser. www.cybaero.se
About China Customs
China Customs is a government agency that supervises and manages all arrivals in
and departures from the customs territory of the mainland of the People's
Republic of China. It exercises a centralized management structure. Its
essential tasks are customs control, revenue collection, fighting smuggling and
foreign trade statistics compilation. It shoulders such major responsibilities
as duty collection, customs control, supervision and management of bonded
operations, foreign trade statistics compilation, audit-based control, customs
intellectual property rights protection, fighting smuggling, and port
About China State Shipbuilding Corporation (CSSC)
China State Shipbuilding Corporation (CSSC) is a government-owned shipbuilding
conglomerate engaged in shipbuilding, ship-repair, shipboard equipment
manufacturing, and marine design and research in China. Through subsidiaries
CSSC provides tankers, containerships, passenger ferries, self-unloading ships,
deck machinery, lifeboats, diesel engines, and anchors. It also builds warships
for the Chinese Navy. In addition CSSC exports ships and other products
worldwide. Major enterprises include Shanghai Shipbuilding Company, Guangzhou
Shipbuilding Company, Jiujiang Shipbuilding Company, and the publicly traded
China CSSC Holdings Limited. CSSC was founded in 1999.
Jolly Hong Kong
Jolly (Hong Kong) Limited a company established in Hong Kong. Supporting the
growing demand of high technology oceanographic and aeronautical equipments in
China in the last decade, Jolly has been working hard on this business segment
and showing encouraging results. Successfull introduction of various new
generation products into the China market. Chief successful factors is, the
strong relationship with our customers, contributed by our proactive management
team and the professional service of our engineering team.
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