DroneAcharya Aerial Innovations announced a major milestone in its partnership with American Blast Systems (ABS), California, USA, as it has secured a master contract worth USD 1.75 million (Rs 14.80 crore) for specialized drone consultancy services.The contract encompasses a primary agreement and four key project-specific Purchase Orders (POs), reflecting the ambition and scale of the partnership: 1. U.S. Drone Market Study: This study will offer crucial insights into the U.S. drone market landscape and enable strategic alignment of DroneAcharya products to meet U.S. market needs. 2. Business Plan and Roadmap Consultancy Services: This consultancy phase will develop a robust business strategy and roadmap to enter and expand within the U.S. market effectively. 3. Product Design Services for 8 Specialized Drones: DroneAcharya will design eight drones targeting distinct applications, including toy drones for children (5+ years), law enforcement drones for crowd monitoring, AI and thermal scanning, agricultural drones for spraying and seed bombing, FPV (First Person View) drones, and survey drones equipped with GPS. 4. Manufacturing Setup Consultancy Services: This phase will involve a comprehensive guide on establishing manufacturing infrastructure in the U.S., facilitating local production and meeting stringent certification standards. The partnership between DroneAcharya and ABS will see co-production and certification of these eight products in the U.S., thereby reinforcing the market position of both companies in the American drone landscape. Powered by Capital Market - Live News

Droneacharya Aerial Innovations will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live News

Droneacharya Aerial Innovations announced that the Annual General Meeting (AGM) of the company will be held on 4 September 2024.Powered by Capital Market - Live News

Droneacharya Aerial Innovations will hold a meeting of the Board of Directors of the Company on 29 May 2024.Powered by Capital Market - Live News

DroneAcharya Aerial Innovations has signed a Memorandum of Understanding with Airbots Aerospace Technologies. This collaboration aims to bolster their joint efforts in the drone industry, with a strong focus on the agricultural sector.Under the MOU, DroneAcharya will serve as a non-exclusive partner, acquiring the selling rights for Airbots` agricultural drones and distributing them within designated territories. This enables DroneAcharya to leverage its market presence and distribution strengths to amplify the reach and impact of Airbots` cutting-edge drone solutions. Additionally, DroneAcharya will have the authority to secure tenders and contracts on behalf of both companies, enhancing market opportunities and competitive advantage.DroneAcharya will also establish Remote Pilot Training Organizations (RPTOs) to offer specialized training programs for drone pilots. These programs, conducted at DroneAcharya`s state-of-the-art facilities, will focus on the operation and maintenance of Airbots` agricultural drones. By providing comprehensive training, DroneAcharya aims to ensure that pilots are well-equipped with the necessary skills and knowledge to utilize Airbots` advanced drone technology effectively. In turn, Airbots Aerospace Technologies will supply high-quality, rigorously tested drones, backed by robust warranty policies. This commitment to quality will instill confidence in customers regarding the performance and reliability of their drone purchases. Additionally, Airbots will direct interested parties to DroneAcharya`s training programs, ensuring seamless integration between product acquisition and skill development. Airbots will also conduct paid drone demonstrations and provide operational training on basic maintenance to support their customers further. Both companies will engage in collaborative promotional activities, including extensive marketing campaigns in electronic media to showcase the strengths and benefits of this strategic partnership. Additionally, promotional drone tours across various regions in India will demonstrate the capabilities and advantages of our agricultural drones to a wider audience.Powered by Capital Market - Live News