CybAero has received a recall of a previously issued export license from the
ISP
– The Inspectorate of Strategic Products. The export authorization referred
to a
helicopter system for demonstration flights in China with the end customer
AVIC.
On February 20, 2017, CybAero had previously informed investors that the
ISP had
rejected a new application to export one helicopter system for
demonstartion
flights in China where the end receiver was also AVIC Supply and
Marketing
Huabei CO., LTD.

CybAero will continue to examine its chances for a
different outcome on appeal
and the likelihood of any future export
authorizations to AVIC.

CybAero has informed ACC its exclusive agent and
distributor in China of the
ISP’s decision and ACC has agreed to start
unconditional discussions about a new
frame agreement and a new helicopter
contract in good faith.

As mentioned in the February release, the ISP's
decision does not affect the
ongoing Factory Acceptance Tests of three systems
with Jolly in China.
Contact:
Michael Auerbach, Chairman of the
Board

Telephone: 013-465 29 00

Email: ir@cybaero.se

This information is
information that CybAero AB is obliged to make public
pursuant to the EU Market
Abuse Regulation. The information was submitted for
publication, through the
agency of the contact person set out above, at 08:15
CET on April 12
2017.

Web:  www.cybaero.se          Videos: www.youtube.com/cybaero
About
CybAero
CybAero develops and manufactures Remotely Piloted Aircraft Systems
(RPAS) for
safer and more effective aerial operations in various environments,
including
those hazardous in nature. The company has made a great international
impact
with its APID One helicopter, which can be adapted for both military
and
civilian applications such as coastal and border surveillance, search and
rescue
missions, and mapping. CybAero’s head office is located in the Mjärdevi
Science
Park in Linköping, Sweden. The company has around 50 employees and has
been
listed on the Nasdaq First North since 2007. FNCA Sweden AB is the
company's
certified adviser.