New CFO at CybAero

CybAero has hired Mikael Smith as the new CFO. He will assume the position on September 1st, 2016.

"We are delighted that Mikael has accepted the position as CFO. With his broad expertise, we are confident that he will contribute to the development of the company, "says CybAero’s CEO Rolf Schytt.

Mikael Smith is 47 and has a master's degree in business administration and a diploma in strategic HR management from Linköping University as well as MBA in Leadership, Strategy and Finance. Mikael comes from a position as CFO for the Nordic Region at Sims Metal Management in Linköping where he worked with the International Financial Reporting Standards (IFRS).

Mikael Smith has been a CFO of a publicly traded company since 2003. In addition to this, he has extensive experience in managing and developing staff and management team work in international business. He has also worked with change management and organizational development. 

For more information, please contact:
Rolf Schytt, CEO CybAero AB, phone: +46 (0)13-465 29 00 email:

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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.


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