“We customised our product, the requirement of which came up after the tension at the China border. Since we have been developing this technology for a long time, we were confident of meeting the military’s expectations, mainly of it being lightweight and the quality of the imagery,” he said. The deal has cemented ideaForge’s position as India’s largest drone maker for defence, homeland security, and industrial applications, experts said.
This is crucial, as India’s drone market is primarily flooded by Chinese drones.
“Without complete control of technology, it is not possible to customise a product in a short time. The companies
that have higher control of their technology will be able to deliver it better. The airframe, autopilot is our software. We also build the control station and communication systems,” Mehta said.
The company, backed by marquee institutional investors such as WRVI, Infosys and Qualcomm, is open to looking for a new source of funding to expand product portfolio. “We can look at like-minded investors. We believe that any amount of support is going to help us take the next leap,” he said.
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