Swedish UAV Firm Wins Export Approval for Largest Order
Vertical lift UAV developer CybAero said the Swedish Agency for Non-Proliferation and Export Controls approved export permits for a €5.5 million ($7.5 million) order a Chinese customer placed for its APID 60 unmanned helicopter, the company’s largest order.
In a press release on February 25, CybAero said the end user, which it did not identify pending the customer’s approval, will operate the APID 60 from ships. The company will begin deliveries later this year.
“We are extremely excited about the confidence we received from the customer. This is our biggest-ever order and proof that we are an interesting provider in a geographic market that is rapidly growing in use and needs of our system,” said Mikael Hult, CybAero CEO. Niklas Nyroth, the company’s sales and marketing director, said CybAero won the order against “strong competition with both domestic and global leaders.”
CybAero, based in Linköping, Sweden, was formed in 2003 from a research collaboration between Linköping University and the Swedish Defense Research Agency dating to 1992. The company became profitable in 2010.
The APID 60 is the successor to CyAero’s earlier APID 55, which the company developed with funding and technical assistance from Saab Aerosystems. In 2004, CybAero signed its first major contract to supply seven APID 55 systems to the UAE armed forces.