CybAero appeals recall of previously obtained export authorization.

CybAero has filed an appeal to the ISP – The Inspectorate for Strategic Products – on it’s recall of a previously issued export license. As stated in CybAero’s April 12, 2017 press release, the export authorization referred to a helicopter system for demonstration flights in China with the end customer AVIC Supply and Marketing Huabei CO. LTD.

CybAero will continue to assess the likelihood of any future export authorizations to AVIC. 

Contact:
Michael Auerbach, Chairman of the Board

Telephone: 013-465 29 00

Email: ir@cybaero.se

This information is information that CybAero AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 21:30 CET on April 25 2017. 

Web:  www.cybaero.se          Videos: www.youtube.com/cybaero

About CybAero
CybAero develops and manufactures Remotely Piloted Aircraft Systems (RPAS) for safer and more effective aerial operations in various environments, including those hazardous in nature. The company has made a great international impact with its APID One helicopter, which can be adapted for both military and civilian applications such as coastal and border surveillance, search and rescue missions, and mapping. CybAero’s head office is located in the Mjärdevi Science Park in Linköping, Sweden. The company has around 50 employees and has been listed on the Nasdaq First North since 2007. FNCA Sweden AB is the company's certified adviser.