CybAero extends factory testing for delivery to China Customs
First North-listed CybAero, which develops and manufactures remotely piloted helicopters with associated sensor systems, commenced factory testing with the client just over a week ago.The parties have agreed to extend the testing period to early May because the system integration has taken more time than planned, and this affects the testing process.
“We commenced factory testing just over a week ago and have decided in agreement with the client to extend the testing period to early May. Although we initially planned to commence delivery by the beginning of the year, the first system will be delivered following the completion of the testing period. Delays are unfortunate, but we want to make sure the system is robust and both parties think it is a good decision," says Mikael Hult, CEO CybAero.
For more information, please contact:
Mikael Hult, CEO CybAero AB, tel: +46 (0)70-564 25 45,
Ina Nehr, Marketing Communications Manager CybAero, tel: +46 (0)73-325 58 68,
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 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 40 employees and has been listed on NASDAQ OMX First North since 2007. Remium Nordic AB is the company’s certified adviser.