CybAero is an

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 astrona ...

company industry based in

Sweden Sweden, formally the Kingdom of Sweden,The United Nations Group of Experts on Geographical Names states that the country's formal name is the Kingdom of SwedenUNGEGN World Geographical Names, Sweden./ref> is a Nordic country located on ...

. CybAero develops and manufactures remotely piloted helicopters. The company is a public company traded on

First North Nasdaq First North Growth Market is a division of Nasdaq Nordic and an alternative stock exchange (legally a multilateral trading facility) for smaller companies in Europe. The market place Nya Marknaden in Stockholm changed name to First North in ...

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 o ...

. In June 2018, the firm filed for

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 ...

History

The company was founded in 2003, based on research initiated in 1992 by FOA (later FOI) and

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 fou ...

. The company develops, manufactures and sells

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 ...

systems consisting of helicopters, ground stations, sensors and data links. CybAero is headquartered at

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 compani ...

in the Nordic region's leading aeronautics town,

Linköping Linköping () is a city in southern Sweden, with around 105,000 inhabitants as of 2021. It is the seat of Linköping Municipality and the capital of Östergötland County. Linköping is also the episcopal see of the Diocese of Linköping (Church ...

. 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 with the

NRL The National Rugby League (NRL) is an Australasian rugby league club competition which contains clubs from New South Wales, Queensland, Victoria, the Australian Capital Territory and New Zealand. The NRL formed in 1998 as a joint partnership ...

Cybaero joint venture UAV called Vantage was performed near Washington DC. * In October, 2009 CybAero signed a teaming agreement with Spanish defense and security group Indra Sistemas.

Remotely Piloted Aircraft Systems (RPAS)

The main products are * APID One

References

External links

* {{DEFAULTSORT:Cybaero Aerospace companies of Sweden Defence companies of Sweden Companies established in 2003 2003 establishments in Sweden Helicopter manufacturers Companies based in Östergötland County