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CybAero
CybAero is an aerospace company industry based in Sweden. CybAero develops and manufactures remotely piloted helicopters. The company is a public company traded on First North on Stockholm Stock Exchange. In June 2018, the firm filed for bankruptcy. History The company was founded in 2003, based on research initiated in 1992 by FOA (later FOI) and Linköping University. The company develops, manufactures and sells unmanned aerial vehicles systems consisting of helicopters, ground stations, sensors and data links. CybAero is headquartered at Mjärdevi Science Park in the Nordic region's leading aeronautics town, Linköping. Research and development is conducted in part with other companies and research institutions. CybAero has approximately 55 employees and is listed on the NASDAQ OMX First North since 2007. Milestones * On January 8, 2008 the APID 55 unmanned helicopter performed the first flight of a UAV in the capital of Sweden, Stockholm. * In February, 2008 the first flight ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Stockholm Stock Exchange
Nasdaq Stockholm, formerly known as the Stockholm Stock Exchange ( sv, Stockholmsbörsen), is a stock exchange located in Frihamnen, Stockholm, Sweden. Founded in 1863, it has become the primary securities exchange of the Nordic countries. As of March 2021, a total of 832 companies are listed on Nasdaq Stockholm with 385 companies on the main market and additional 447 listed on secondary markets (Nasdaq First North and Nasdaq First North Premier). History The Stockholm Stock Exchange was acquired by futures exchange OM in 1998. After OM merged with the Helsinki Stock Exchange to form what is now OMX in 2003, the Stockholm and Helsinki exchanges' operations were merged. Since 2008, the Stockholm Stock Exchange has been part of Nasdaq, Inc. (formerly called ''Nasdaq OMX Group'') and its Nasdaq Nordic markets. As of October 2014, the exchange operated under the legal name ''Nasdaq OMX Stockholm AB'' (renamed ''Nasdaq Stockholm AB'' in 2015). Prior to the introduction of electroni ...
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2003 Establishments In Sweden
3 (three) is a number, numeral and digit. It is the natural number following 2 and preceding 4, and is the smallest odd prime number and the only prime preceding a square number. It has religious or cultural significance in many societies. Evolution of the Arabic digit The use of three lines to denote the number 3 occurred in many writing systems, including some (like Roman and Chinese numerals) that are still in use. That was also the original representation of 3 in the Brahmic (Indian) numerical notation, its earliest forms aligned vertically. However, during the Gupta Empire the sign was modified by the addition of a curve on each line. The Nāgarī script rotated the lines clockwise, so they appeared horizontally, and ended each line with a short downward stroke on the right. In cursive script, the three strokes were eventually connected to form a glyph resembling a with an additional stroke at the bottom: ३. The Indian digits spread to the Caliphate in the 9th ...
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Companies Established In 2003
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Defence Companies Of Sweden
Defense or defence may refer to: Tactical, martial, and political acts or groups * Defense (military), forces primarily intended for warfare * Civil defense, the organizing of civilians to deal with emergencies or enemy attacks * Defense industry, industry which manufactures and sells weapons and military technology * Self-defense, the use of force to defend oneself * Haganah (Hebrew for "The Defence"), a paramilitary organization in British Palestine * National security, security of a nation state, its citizens, economy, and institutions, as a duty of government ** Defence diplomacy, pursuit of foreign policy objectives through the peaceful employment of defence resources ** Ministry of defence or department of defense, a part of government which regulates the armed forces ** Defence minister, a cabinet position in charge of a ministry of defense * International security, measures taken by states and international organizations to ensure mutual survival and safety Sports ...
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Aerospace Companies Of Sweden
Aerospace is a term used to collectively refer to the atmosphere and outer space. Aerospace activity is very diverse, with a multitude of commercial, industrial and military applications. Aerospace engineering consists of aeronautics and astronautics. Aerospace organizations research, design, manufacture, operate, or maintain both aircraft and spacecraft. The beginning of space and the ending of the air is considered as 100 km (62 mi) above the ground according to the physical explanation that the air pressure is too low for a lifting body to generate meaningful lift force without exceeding orbital velocity. Overview In most industrial countries, the aerospace industry is a cooperation of the public and private sectors. For example, several states have a civilian space program funded by the government, such as National Aeronautics and Space Administration in the United States, European Space Agency in Europe, the Canadian Space Agency in Canada, Indian Space Research ...
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Naval Research Laboratory
The United States Naval Research Laboratory (NRL) is the corporate research laboratory for the United States Navy and the United States Marine Corps. It was founded in 1923 and conducts basic scientific research, applied research, technological development and prototyping. The laboratory's specialties include plasma physics, space physics, materials science, and tactical electronic warfare. NRL is one of the first US government scientific R&D laboratories, having opened in 1923 at the instigation of Thomas Edison, and is currently under the Office of Naval Research. As of 2016, NRL was a Navy Working Capital Fund activity, which means it is not a line-item in the US Federal Budget. Instead of direct funding from Congress, all costs, including overhead, were recovered through sponsor-funded research projects. NRL's research expenditures were approximately $1 billion per year. Research The Naval Research Laboratory conducts a wide variety of basic research and applied r ...
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Mjärdevi Science Park
Science Park Mjärdevi (formerly Mjärdevi Science Park) is a city district and technology area in Östergötland in the city of Linköping. The area is located just outside Linköping University Campus Valla. The area includes about 350 companies with a total of 6,500 employees (2017). Many of these companies have been started because of the innovations at Linköping University. The companies operate primarily in technology sectors such as telecommunications, business systems, software and systems engineering, electronics, home communications and vehicle safety. The largest residents of Mjärdevi are Ericsson, Releasy, IFS, Sectra, Infor, Combitech and CGI Group CGI Inc. is a Canadian multinational information technology consulting and systems integration company headquartered in Montreal, Quebec, Canada. CGI has a market value of $21.8 billion, making it one of the top 30 companies in Canada. The c .... A computer history museum, IT-ceum, was built up in Mjärdevi i ...
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Unmanned Aerial Vehicles
An unmanned aerial vehicle (UAV), commonly known as a drone, is an aircraft without any human pilot, crew, or passengers on board. UAVs are a component of an unmanned aircraft system (UAS), which includes adding a ground-based controller and a system of communications with the UAV. The flight of UAVs may operate under remote control by a human operator, as remotely-piloted aircraft (RPA), or with various degrees of autonomy, such as autopilot assistance, up to fully autonomous aircraft that have no provision for human intervention. UAVs were originally developed through the twentieth century for military missions too "dull, dirty or dangerous" for humans, and by the twenty-first, they had become essential assets to most militaries. As control technologies improved and costs fell, their use expanded to many non-military applications.Hu, J.; Bhowmick, P.; Jang, I.; Arvin, F.; Lanzon, A.,A Decentralized Cluster Formation Containment Framework for Multirobot Systems IEEE Tra ...
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Linköping University
Linköping University (, LiU) is a public research university based in Linköping, Sweden. Originally established in 1969, it was granted full university status in 1975 and is one of Sweden's largest academic institutions. The university has four campuses across three cities: Campus Valla and Campus US in Linköping, Campus Norrköping in Norrköping and Campus Lidingö in Stockholm. It is organized into four faculties: Arts and Sciences, Medicine and Health Sciences, Educational Sciences, and the Institute of Technology. In order to facilitate interdisciplinary work, there are 12 large departments combining knowledge from several disciplines and often belonging under more than one faculty. Linköping University emphasises dialogue with the surrounding business sphere and the community at large, both in terms of research and education. In 2021 the university was home to 35,900 students and 4,300 employees. It is a member of the European Consortium of Innovative Universities, as ...
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Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, and the term ''bankruptcy'' is therefore not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian ''banca rotta'', literally meaning "broken bank". The term is often described as having originated in renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment so that the public could see that the banker, the owner of the bench, was no longer in a condition to continue his business, although some dismiss this as a false etymology. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into " ...
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Aerospace
Aerospace is a term used to collectively refer to the atmosphere and outer space. Aerospace activity is very diverse, with a multitude of commercial, industrial and military applications. Aerospace engineering consists of aeronautics and astronautics. Aerospace organizations research, design, manufacture, operate, or maintain both aircraft and spacecraft. The beginning of space and the ending of the air is considered as 100 km (62 mi) above the ground according to the physical explanation that the air pressure is too low for a lifting body to generate meaningful lift force without exceeding orbital velocity. Overview In most industrial countries, the aerospace industry is a cooperation of the public and private sectors. For example, several states have a civilian space program funded by the government, such as NASA, National Aeronautics and Space Administration in the United States, European Space Agency in Europe, the Canadian Space Agency in Canada, Indian Space Re ...
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