Summary:
Mumbai, Maharashtra, India – Business Wire India • The deal is part of the 100 Cr Investment planned by Trentar for the UAV Ecosystem • The acquisition will focus on commercialising multirotors and helicopters for both commercial and defense segments in India and global markets.
Trentar Pvt Ltd announced yet another significant acquisitions in the UAV manufacturing sector, alongside a controlling stake with One of India"s most innovative startups in the UAV Design to Delivery space, RFLY Innovations.
The acquisition will focus on commercialising multirotors and helicopters for both commercial and defense segments in India and global markets.
This acquisition along with the others done by Trentar recently will help make India independent and self-sufficient in the complete UAV Ecosystem.
Trentar had recently acquired TM Aerospace which specializes in Fixed Wing UAV Platform and GarudaUAV, a leading Drone based services and platform company.
Trentar had earlier committed to invest Rs.
100 Cr in 3 years to design and build specialized Drones for Defence and Civil purposes along with Indigenously built subsystems.
Chennai based RFLY Innovations specialises in the Multi Rotor segment and already has products for survey, surveillance, heavy lift and tethered platform, which will find its use both in civil and defence segments with deployment at both plains and high Altitude.
The Heavy Lift, LIDAR integrated and the Tethered platforms will prove to be game changers in the industries across verticals.
RFLY Innovations is also committed to launch their Heli Platforms for both surveillance and load lifting at the high altitudes.
Development of these and their Autopilot & Communication platforms are currently in progress and slotted for launches in the near future.