English
Published: 2017-06-30 13:30:00 CEST
CybAero AB
Announcement from First North
Financing update
CybAero announced to the market on June 13th that the company is in a
strained
liquidity situation and the capital for current operations is expected
to be
consumed at the end of June 2017, unless additional capital is obtained.
CybAero
has through restrictive measures managed to secure capital for taxes
and wages
for July. The company is still working intensively with continued
financing and
is currently exploring different funding
options.
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 13.30
CET on June 30 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.

 


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