CybAero, which develops and manufactures remotely piloted helicopter systems,
conducted demonstration flights in Hainan, China with its client AVIC. These
demonstration flights are the first in a series of planned flights for select
clients in China.
In July 2014, CybAero and AVIC signed a framework agreement that entails AVIC
purchasing at least 70 helicopter systems over the next eight years, giving the
agreement a sales value of approximately SEK 700–800 million. AVIC placed a call
-off order for the first five systems under the agreement on March 31 this year.
AVIC is now targeting additional clients by conducting new demonstration flights
at various locations in China.
"We are very pleased for this opportunity to show our system to new potential
clients with AVIC," says Mikael Hult, CEO of CybAero.
For three days CybAero's flight team conducted several flights in Hainan with
AVIC and ACC. A long flight was conducted on April 27 for around 70 specially
invited representatives from the Chinese Fisheries Agency, the China Maritime
Police, the China Maritime Safety Administration, and shipyards. One purpose of
the demonstration was to show how the helicopters can identify boats and ships
by producing video documentation of their registration numbers and positions.
Six CybAero employees were on site during Monday's demonstration flights. The
flights included various types of operations where the helicopters were really
put to the test.
"It was an extremely significant demonstration of our helicopter system and the
flights went perfectly," says Mikael Hult.
CybAero is in a delivery phase for advanced systems to China Customs under an
order the company received in January 2014.
"We have identified some minor problems during the ongoing testing period for
the system which impact the system’s functioning. These problems have now been
identified and corrected, but we have decided to further extend the testing
period so that we can ensure the functionality of the system . It goes without
saying that we strive to deliver the highest quality to our clients," Mikael
Hult concludes.
Watch a video clip of the demonstration flight in China:
http://m.hinews.cn/news/show.php?url=http://www.hinews.cn/news/system/2015/04/28
/
017518444.shtml
For more information, please contact:
Mikael Hult, CEO CybAero AB, tel: 46 (0)70-564 25 45,
email: mikael.hult@cybaero.se
Ina Nehr, Marketing Communications Manager CybAero, tel: 46 (0)73-325 58 68,
email: ina.nehr@cybaero.se
About CybAero
CybAero develops and manufactures Remotely Piloted Aircraft Systems (RPAS) 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 for exemple 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 50 employees and has been listed on NASDAQ OMX First
North since 2007. Remium Nordic AB is the company’s certified adviser.
