announced that on February 25 it has received authorization for export of its largest order ever . The order, which comes from an end-user in China, is worth 5.5 million Euros.
ISP – The Swedish Agency for Non-Proliferation and Export Controls – gave on Tuesday export permits for the large order CybAero announced in January. The end user is a Chinese customer who will use CybAero unmanned helicopter APID 60 operating from ships.
” 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” , says Mikael Hult , CEO of CybAero AB.
The name of the end user will be published shortly, as soon as the end customer approves publication. Delivery will take place starting in late 2014. In recent years CybAero has heavily worked the Asian market and now the company receives confirmation that the efforts paid off.
“We have received this order in strong competition with both domestic and global suppliers. This is an important customer with great development potential and we look forward to a long term cooperation” , says Niklas Nyroth, Sales and Marketing Director at CybAero .
Source: Press Release