CBA, CybAero (Aerovironment) Drone UAV UAS Helicopter Tier 2
CybAero develops and manufactures unmanned helicopters known as UAVs (Unmanned Aerial Vehicles) for an international market. The helicopters are adapted to the unique requirements of each individual client, and cost effectively and safely reduce the risks to people in hazardous environments.
Over the past decade, UAVs have seen the most dynamic growth of any sector in the aviation industry, and this strong growth is forecast to continue until 2020. Most UAVs are currently fixed-wing UAVs, over which unmanned helicopters have many advantages. For example, they don't need long runways, which most ships don't have, and they can capture images better when hovering sice they operate at lower altitudes.
The APID 60 is an innovative product developed by CybAero's world-class aircraft engineers and has been tried and tested by our clients in hostile environments the world over. CybAero is at the leading edge of developments to create an unmanned future.
Market cap $20M , 10-12-2013
http://www.netfonds.no/quotes/analysis.php?paper=CBA.ST
Stock
http://www.netfonds.se/quotes/ppaper...e=ST&depth=200
http://cybaero.se/en/
Cybaero is involved in the following projects:
Indra Pelicano, Cybaero built Helicopter
http://www.youtube.com/watch?v=eFT0Zzxs7w0
Cassadian (EADS) Tier2, Cybaero built Helicopter
http://www.cassidian.com/web/guest/tanan-300
http://www.cassidian.com/en_US/web/g...and%20missions
Aerovironment (US), Cybaero built Helicopter,
http://www.avinc.com/resources/press...nmanned_aircra
http://www.virtual-strategy.com/2012...system-strateg
http://defense-update.com/20121203_a...us-market.html
http://cybaero.se/en/
Nasdaq, First North
+ Aftersales, 3 * sales over 10-15 years :)
AeroVironment Management Discusses Q2 2013 Results - Earnings Call TranscriptMultiple AV customers have an unmet need for a vertical takeoff and landing capability in this Tier II class, and AV will offer a practical and reliable solution for this need. We now have months of developments and flight test experience with pioneering European product solution that we have optimized for U.S. customer requirements.
The agreement we announced yesterday with the Swedish company CybAero positions AV for entry into this Tier II UAS category. We have integrated this solution with our existing handheld Ground Control System and concept of operation to minimize system footprint, operating cost and complexity. This system integration will expand our Family of Systems to a broader solution for those customers that need both small UAS and Tier II vertical takeoff and landing. An important example of such a customer need for both capabilities is the Department of State, as is evidenced by their request for proposal for Unmanned Airplane System services described earlier. This VTOL UAS will also enable a new standalone Tier II solution with compelling competitive advantages for customers with that need. We believe the dollar value of the Tier II UAV market to be larger than the Tier I market. We expect this new UAS to capture a growing share of the Tier II market and drive significant revenue growth with both current and new customers.
Leveraging our balance sheet to acquire rights to the CybAero UAS got us to a great customer solution faster and cheaper than developing the core capability internally. We look forward to serving important customer needs through a mutually-rewarding relationship with CybAero.
http://m.seekingalpha.com/article/1045311Aerovironment Annual report 2013
http://files.shareholder.com/downloa...nualReport.pdf
"Tier II Unmanned Aircraft System.
We are expanding our family of UAS to include a
tier II unmanned helicopter that is capable of longer duration, higher altitude and carrying
heavier payloads, to address an unmet and growing market opportunity. Our supplier provides the base aircraft that we then modify significantly to serve the needs of our target markets. We believe this offering will enhance our value proposition to customers through more capable mission services as well as hardware sales, both as a stand-alone solution and combined with our small UAS. Our tier II unmanned helicopter will be the only such aircraft that can be operated from our portable and interoperable common ground control system, providing a level of portability, flexibility and ease of use not available elsewhere."
CybAero asia order is a major breakthrough. I Think this is the start of a real success story . At last, a small technology company with a good product, low Market value and that seems to have competent salesstaff . Niklas Nyroth is an accomplished salesman picked from their biggest competitor Schiebel . Smart move CybAero .
From the press release last fall : " - Work in China is an extremely interesting part of the marketing effort we began a year ago . Just disaster Preparedness alone expected China to invest in about 2,000 UAVs. " and yesterday this "We see a number of markets in Asia that have the potential to evolve and become interesting for us. This is our first order in Asia and hopefully the beginning of a long-term cooperation , says Niklas Nyroth . "
( use Google translate)
https://www.avanza.se/placera/pressm...va-i-kina.html
https://www.avanza.se/placera/pressm...oner-euro.html
Do not forget that this large order is just the beginning and that the aftersales is a larger revenue than the sale itself. And that the next order if it is China it could be significantly higher . Market just on disaster preparedness is expected to be about 2,000 helicopters in China. This order is just a small bunch of helicopters. Aftersales is significant business in this market segment.
" CybAero has since 2011 expanded marketing efforts , which subsequently produced results. The agreement with AeroVironment is a direct result of this bet. A significant number of prospective clients in Asia, Middle East Africa awaits demonstration of APID 60. potential order values ranging from 10 million to several hundred million per contract ( CybAero , for example, during October 2013 received a " Request for Proposal " on new market for contracts with a total contract value exceeding EUR 200 million). "
1 Euro = 1.354$
Notice SMA short crossover
My Prediction on a Swedish uniquely fast growing company Drones, UAS, UAV market is facing its breakthrough, the U.S. should have regulations ready for civilian use in 2015, Europe has the same plans.
CybAero CEO Mikael Hult:
"In 2020 the market is expected to be worth more than four billion SKR annually. CybAero aims to take advantage of 30% of the pie, it would mean an annual turnover of around 1.3-1.5 SKR billion by 2020."
DoS contract is not considered in this forecast.
forecast 2014-2020 (currency SKR)
http://ge.tt/api/1/files/4ynPFhG1/0/blob?download
How much should be priced into the course at present instance, my cheapest price now is SKR 40-50 with 50M SKR order approved
To say the least exciting adventures that await us.
http://www.stockpicker.se/ViewArticle.aspx?PageId=1002
SMA graph
http://www.stockopedia.com/share-pri...STO:CBA/chart/