Defence Drone Company Bags New Order Worth Rs 14,80,00,000 From American Blast Systems (ABS), California, USA
The contract encompasses a comprehensive range of services, including market research, business strategy development, drone design, and manufacturing setup consultancy.
DroneAcharya Aerial Innovations Ltd has forged a significant partnership with American Blast Systems (ABS) to expand its footprint in the U.S. drone market. This strategic collaboration has resulted in a master contract valued at USD 1.75 million or Rs 14.80 crore, solidifying DroneAcharya's position as a key player in the global drone industry. The contract encompasses a comprehensive range of services, including market research, business strategy development, drone design, and manufacturing setup consultancy.
The partnership between DroneAcharya and ABS will focus on developing and manufacturing a diverse range of drones tailored to specific U.S. market needs. These drones will cater to various sectors, including consumer, commercial, and industrial applications. Some of the key drone categories include toy drones for children, law enforcement drones for surveillance and security, agricultural drones for precision farming, and FPV drones for recreational and professional use.
A crucial aspect of this collaboration is the establishment of a manufacturing facility in the U.S. This strategic move will enable DroneAcharya to meet local demand, comply with stringent regulatory standards, and optimize supply chain operations. By leveraging its expertise and innovative technologies, DroneAcharya aims to position itself as a leading provider of advanced drone solutions in the North American market. This partnership not only strengthens DroneAcharya's global presence but also contributes to the growth of the Indian drone industry.
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About the Company
DroneAcharya Aerial Innovations Ltd has emerged as a dominant force in the drone industry, driving innovation and contributing to the development of advanced applications. The company's revenue has soared by 89.52 per cenrt year-on-year, fuelled by its diverse range of services, including drone training, sales, and strategic alliances with renowned organizations. Expanding its operations to Southeast Asia, the Middle East, the European Union, and the United States, DroneAcharya has solidified its international presence.
A key factor in DroneAcharya's success is its commitment to training and development. The company has trained 391 DGCA-certified drone pilots in the past year through its Remote Pilot Training Organizations (RPTOs). Additionally, DroneAcharya has executed high-profile projects, such as delivering COVID-19 vaccines and creating the largest greeting card by a drone, showcasing the practical applications and potential of drone technology. The company continues to innovate by developing products like the AgriVeer agricultural spraying drone and FPV drones for ISR missions, enhancing its product portfolio and technological capabilities.
Disclaimer: The article is for informational purposes only and not investment advice.