Droneacharya Aerial Innovations Share Price

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DroneAcharya Aerial Innovations has partnered with Volatus Aerospace Inc a publicly listed Canadian company to transform drone-based logistics and services in India. The collaboration brings together DroneAcharyas expertise in surveying and training with Volatuss advanced logistics technologies. A key highlight is the introduction of the Condor a heavy payload drone with a capacity of 180 kg. DroneAcharya will also serve as Volatuss manufacturing partner in India enabling local production and distribution. Additionally the partnership facilitates a technology exchange integrating DroneAcharyas FPV drone and room intervention expertise into Volatuss global operations.

DroneAcharya Aerial Innovations announces its expansion into the Middle East with the incorporation of its wholly-owned subsidiary DRONE ENTRY AERIAL SERVICES L.L.C. in Abu Dhabi UAE. With licensed activities including aerial surveys drone sales and leasing and surveillance this move solidifies DroneAcharyas position as a global player in UAV technology. The expansion offers access to high-growth markets strategic partnerships and enhanced revenue streams.

DroneAcharya has secured work orders worth INR 7080000/- from AgroCast Analytics Private Limited an IIT Gandhinagar incubated Company specializing in advanced analytics and technology solutions for the agriculture and infrastructure sector. The project involves a drone-based survey of 242 sq.km. of Dholera Special Investment Region (SIR) Gujarat using advanced fixed-wing VTOL drones equipped with a 42 MP camera and PPK technology for high precision mapping. The project will be executed in two phases with DroneAcharya initiating the tasks specified in Phase-1 valued at INR 3540000/-

DroneAcharya Aerial Innovations Limited has been awarded a prestigious contract for a UAV-based LiDAR and RGB survey of the Bengaluru Ring Rail Project worth Rs. 5575500/- commissioned by Aarvee Associates in collaboration with the Southwestern Railway (SWR). The 350 kilometer survey will be executed in two phases with Phase 1 covering 200 kms worth INR 3186000/-. Utilizing the cutting-edge drone technology the project aims to deliver high-precision data critical to rail infrastructure development cementing DroneAcharyas leadership in drone-based engineering solutions.

Stakeholders are hereby informed that the statement of NIL deviation for the half year ended September 30 2024 is attached herewith.