Defence Drone Company Signs MoU with RV Connex, Promoting 100% Non-Chinese Drones, Expansion in Asia, Europe & Middle East

On Friday, shares of DroneAcharya Aerial Innovations Limited plunged 1.7 per cent to Rs 64.35 per share from its previous closing of Rs 65.45 per share. The stock’s 52-week high is Rs 152 per share and its 52-week low is Rs 58.05 per share.

DroneAcharya Aerial Innovations Limited, along with its associate company Drone Entry (Thailand) Co. Ltd., has signed a Memorandum of Understanding (MoU) with RV Connex, a prominent defence and aerospace technology company. This partnership is designed to bring Non-Chinese drone technology to India under the Make in India initiative. By combining DroneAcharya's market presence in India, Drone Entry's role as a regional hub, and RV Connex’s expertise in defence and aerospace, the collaboration aims to accelerate local manufacturing in both India and Thailand. The alliance seeks to expand opportunities for these Non-Chinese drone products across Asia, Europe, and the Middle East, aligning with Prime Minister Modi's vision of Atmanirbhar Bharat (self-reliant India).

This collaboration will fast-track the indigenisation of India’s drone industry, reducing the nation’s dependence on Chinese imports. RV Connex, known for its advanced UAV platforms and anti-drone systems, will provide its technology to be manufactured locally. The MoU reflects a shared vision among the three companies to build a globally competitive, indigenous drone ecosystem that is 100 per cent Non-Chinese. This strategic move strengthens self-reliance and promotes a framework for local production, not only in India but also in Thailand, under the Made in Thailand framework.

About the Company

DroneAcharya Aerial Innovations Ltd, established in 2017 and headquartered in Pune, is a DGCA-certified drone solution provider. The company offers comprehensive services, including drone pilot training, sales, maintenance, and project work in sectors such as oil & gas and GIS data processing. Additionally, DroneAcharya provides consultancy, reality capture software, anti-drone solutions, and UTM air traffic management. Through partnerships, they deliver integrated drone solutions for bathymetry, drone shows, and environmental monitoring, serving diverse sectors including defence, agriculture, infrastructure, and emergency services. The company is dedicated to advancing UAV technology and training skilled professionals, setting new industry standards in innovation.

In FY25, the company reported net sales of Rs 47.79 crore and a net profit of Rs 5.57 crore. The company has a market cap of over Rs 150 crore and the stock is up over 10 per cent from its 52-week low of Rs 58.05 per share.

Disclaimer: The article is for informational purposes only and not investment advice.