Garuda Aerospace signs pact with French Thales to promote drone ecosystem
Under the agreement, Thales will provide expertise in unmanned traffic management (UTM) solutions, UAV detection, and system integration, whilst Garuda will bring its skills in manufacturing, Thales said.
French aerospace major Thales has inked an initial pact with UAV maker Garuda Aerospace to promote the development of the drone ecosystem in the domestic market, the company said on Tuesday.
Under the agreement, Thales will provide expertise in unmanned traffic management (UTM) solutions, UAV detection, and system integration, whilst Garuda will bring its skills in manufacturing, Thales said.
This collaboration aims to foster innovation and to advance the development of technological solutions that can enable safe and secure drone operations and help the growth of drone-based applications in India, Thales said.
"The government is providing a robust foundation for the drone ecosystem, fostering opportunities for collaboration, innovation, and growth. We are partnering with Garuda Aerospace in paving the way for the development of advanced UTM systems in India by leveraging our extensive global experience and expertise in aeronautical solutions," said Ashish Saraf, VP and Country Director, Thales in India.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Centre set to rename Chhatrapati Shivaji Maharaj Terminus, Churchgate, Bandra, & other 2 dozen Mumbai Metro stations
SBI Senior Citizen 3-year FD vs Post Office 3-year FD: Which will give higher returns on investments of Rs 1 lakh, Rs 2 lakh, Rs 3 lakh and Rs 4 lakh
Nomura double upgrades Vodafone Idea to 'buy', says worst now behind as AGR overhang concludes; sees 45% potential gains
SBI Amrit Vrishti FD: How much maturity amount you will get on Rs 1.5 lakh, 2.5 lakh, 3.5 lakh, 4.5 lakh and Rs 5.5 lakh investments under this guaranteed return scheme
15x15x15 Formula: How your Rs 15,000 SIP investment may help you build over Rs 1 crore corpus; see calculations
07:54 PM IST