CybAero and Jolly agree to three system August delivery
In January of 2014 CybAero signed a major order on three systems with the Chinese company Jolly. Earlier this year CybAero, together with Jolly and their customer CSSC, performed deck-landing tests along the coast of Sweden. The positive results from these tests led to a plan for continued testing. Consequently, CybAero has performed a series of joint tests with the Swedish Navy. The reports, videos and statements from that trial became a cornerstone of the negotiations and discussions between CybAero and Jolly and are a key reason for Jolly speeding up the delivery of the entire
The Sweden-based venture capital investor Industrifonden sells its entire holding in Accedo, the global leader in television and video experience services, to SEB Private Equity. In recent years, Accedo has been named one of Sweden's fastest growing companies. The company has SEK 320 million ($40 million) in revenue, more than 100 million users and 400 employees globally. The transaction generates a return of seven times the investment for Industrifonden.Accedo’s TV and video solutions are used by hundreds of millions of people globally. The company has close partnerships with some of the
