Ronen Nadir, CEO, BlueBird Aero Systems, Krishna Bodanapu, CEO & MD, Cyient and NJ Joseph, MD & CEO, Cyient Solutions & Systems during the joint venture being singed at DefExpo
Cyient, a provider of engineering design, manufacturing, geospatial, networks, and operations management services and Israel-based BlueBird Aero Systems on Wednesday announced a joint venture to offer field-proven UAV (unmanned aerial vehicle) systems to Indian defence and police forces. BlueBird Aero Systems is a leader in design, development, and production of micro, mini, and small tactical Unmanned Aerial Systems (UAS).
The joint venture, named Cyient Solutions & Systems Private Limited, has 51 per cent and 49 per cent shareholding by Cyient and BlueBird respectively.
Cyient Solutions & Systems will indigenise, manufacture, assemble, integrate, and test advanced UAV systems at its production facilities in Hyderabad by leveraging BlueBird’s technology and manufacturing know-how.
Krishna Bodanapu, Chief Executive Officer & Managing Director, Cyient, said that they combine company's design and manufacturing expertise to bring the best of UAV technology solutions to the Indian defence industry.