First North-listed CybAero has now delivered the last helicopter to Spanish IT
group Indra. CybAero and Indra entered into an agreement in 2009 that has
included helicopter systems with the capability to take off and land from
ships.
CybAero signed a co-development agreement with Spanish IT group Indra in August
2009. The agreement included the 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.
Under the agreement, CybAero was responsible for the development and adaptation
of the mechanical platform and Indra developed certain electronics and systems
integration. CybAero has now delivered the last helicopter under the agreement.
Indra will now integrate the helicopter with its proprietary sensors and other
equipment.
"We have had a good business relationship with Indra and the project has
provided both of us with vital knowledge and technology which we will
incorporate into our own products and systems. We will continue to develop
maritime applications and provide them to our customers, albeit based on our own
technology and our own platforms,” explains CybAero’s CEO Mikael Hult.
For more information:
Mikael Hult, CEO, CybAero AB, tel. 46 (0)70 5642545 e-mail:
mikael.hult@cybaero.se
Read online: www.cybaero.se Videos: www.youtube.com/cybaero
About CybAero
CybAero develops and manufactures Remotely Piloted Aircraft Systems (RPAS) and
associated sensor systems for safer and more cost-effective operations in
hazardous environments.The company has made a great international impact with
its APID 60 helicopter, which can be adapted for both military and civilian
applications such as coastal and border surveillance, search and rescue
missions, and mapping.
CybAero has its head office in the Mjärdevi Science Park in Linköping, Sweden.
The company has more than 40 employees and has been listed on NASDAQ OMX First
North since 2007. Remium Nordic AB is the company’s certified adviser.
