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$