AeroVironment and CybAero have been working together very effectively to incorporate capabilities required to meet the requirements of United States government and other customers.“AeroVironment is the clear leader in the man-portable, hand-launched UAS market, with an intimate understanding of customer operational requirements,” said Leif Erlandsson, CybAero’s chief executive officer. “We believe that AeroVironment possesses the experience, relationships and systems integration skills to bring all the benefits of our VTOL system to customers in the United States and beyond. We look forward to continuing our work together to increase the safety and operating effectiveness of AeroVironment’s customers.” About AeroVironment AeroVironment is a technology solutions provider that designs, develops, produces, supports and operates an advanced portfolio of Unmanned Aircraft Systems (UAS) and electric transportation solutions. Agencies of the U.S. Department of Defense and allied military services use the company’s electric-powered, hand-launched unmanned aircraft systems extensively to provide situational awareness to tactical operating units through real-time, airborne reconnaissance, surveillance and communication. Multiple government agencies have helped to fund the development and demonstration of Global Observer®, a hybrid-electric, stratospheric UAS designed to provide affordable, persistent reconnaissance and communication over any location on the globe. Switchblade™ is a loitering munition designed to provide a rapid, lethal, pinpoint precision strike capability with minimal collateral damage. AeroVironment’s electric transportation solutions include a comprehensive suite of electric vehicle (EV) charging systems, installation and network services for consumers, automakers, utilities and government agencies, power cycling and test systems for EV developers and industrial electric vehicle charging systems for commercial fleets. More information about AeroVironment is available at www.avinc.com. About CybAero CybAero AB develops and manufactures autonomous, unmanned helicopter (called VTOL UAVs) and related sensor systems that can be adapted for both defense and civilian missions. CybAero formed in 2003 on the foundations laid in 1992 through a research collaboration between Linköping University and the FOI (Swedish Defence Research Agency). CybAero is now established as a leading global player in the VTOL UAV field. CybAero is headquartered at Mjärdevi Science Park in Linköping. The company is listed on NASDAQ OMX First North. Thenberg & Kinde Fondkommission, phone 08-545 84 500, is Certified Adviser.
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