Paras Defence share price rose today after the company said its arm, Paras Anti-Drone Technologies, has bagged an order worth ₹46.19 crore from the Ministry of Defence, Government of India.
Drone costs can range from just a few hundred to several thousand dollars, and their price tag is rapidly depreciating as innovation and mass production pick up
Each virtual device is an exact copy of its real counterpart. To create such detail, the developers used the powerful Unreal Engine game engine
Facing a property slump and youth unemployment, many in China are now training as drone flight planners-part of a government push to build a $210 bn low-altitude economy
Defence Minister Rajnath Singh says the UAV platform is a major boost to India's military capability and indigenous research and development
The weapon system has been made by Solar Defence and Aerospace Limited and is a big step forward in protecting the country from drone threats
As many as 550 drone companies have come up in India in 5 years. More than 100 companies are in the defence sector. Drone market revenue is expected be worth $11 billion by FY30
ICMR, in collaboration with Aiims Delhi and Ministry of Civil Aviation, has conducted drone-based transport of a human cornea followed by successful transplantation surgery
BSE-listed DroneAcharya Aerial Innovations has signed a term sheet for a strategic merger with AVPL International. The financial terms of the deal were not disclosed. A joint release announcing the strategic merger said the move marks a significant step towards strengthening India's position as a global leader in drone technology and innovation. "DroneAcharya Aerial Innovations has officially signed a term sheet for a strategic merger with AVPL International (AITMC Ventures Ltd), marking a pivotal moment in India's drone technology landscape," it said. The collaboration aims to transform the Indian drone ecosystem by combining DroneAcharya's expertise in R&D and innovation with AVPL's vast infrastructure and talent-skilling capabilities, the release said. Together, the companies plan to drive advancements in drone manufacturing, ensuring state-of-the-art technology is accessible across industries such as agriculture, logistics, infrastructure, and defence. Preet Sandhuu, Founder
Throughout the seminar, nine Israeli defence companies showcased advanced technologies to counter the drone threat
Drone manufacturer Garuda Aerospace Pvt Ltd has inaugurated its first exclusive drone showroom in the city as it plans to sell 50,000 agricultural and consumer drones in the next few years. The city-based company, backed by cricket legend Mahendra Singh Dhoni, has served over 750 clients across the country. In a statement on Tuesday, the company said it has received the Directorate General of Civil Aviation approval for manufacturing of small and medium drones. "We pride ourselves on the impactful intelligence our drone solutions have to offer. We have 750 + satisfied clients all around India with 350 finished projects and 50 designed works. Our team includes 200 plus employees, with a group of advisory board members, expertise heads for various departments, and well-versed pilots," company CEO Agnishwar Jayaprakash said in the statement. "Garuda Aerospace has sold 2,500 drones so far, out of which 2,000 are agri drones. We plan to sell 25,000 agri-drones in the next two years and
Integration of artificial intelligence with drone technology can enhance capabilities, efficiency, and operational intelligence, such as autonomous navigation, real-time data processing, and advanced analytics, a survey said. A recent survey conducted by Nexgen Exhibitions, the organisers of Drone International Expo, revealed that India's AI mission would significantly boost the growth of the Indian drone sector, a statement said on Wednesday. The survey reached out to more than 150 drone manufacturing and service-providing companies across 11 cities - Delhi, Ghaziabad, Noida, Pune, Hyderabad, Bengaluru, Ahmedabad, Mumbai, Chennai, Gurugram, and Coimbatore. Additionally, it highlighted the potential for India to become a global leader in drone technology and innovation, providing an overview of current trends, challenges, and future opportunities in the Indian drone sector. It stated that the India AI mission, an ambitious government initiative aimed at harnessing artificial ...
Over the last three years, Zen Technologies has logged a spectacular rise in earnings
Iran-aligned Houthi militants have launched repeated drone and missile strikes in the Red Sea, Bab al-Mandab Strait and Gulf of Aden since November, forcing shippers to re-route cargo
A win for the homegrown IDEX startup, promoting indigenous technology
An emergency damaged an apartment building in St Petersburg Saturday morning, Russian authorities said. Russian state news agency Tass said that the damage was caused by an explosion, while local news and social media said that a drone had hit the building. The Associated Press could not verify these claims. There were no casualties, St Petersburg Governor Alexander Beglov wrote on Telegram. The Mash news site said that the apartment building was hit by a Ukrainian drone. It published videos appearing to show the moment the apartment building was struck, showing a strong flash of light engulfing one side of the building and fragments of debris flying into the air. Another video showed car alarms going off. The videos could not be immediately verified. Russia's Defence Ministry has not commented on the incident.
He said that according to preliminary information, there were no casualties, but the facades of some non-residential buildings were damaged
An Israeli drone struck a car near Lebanon's southern port city of Sidon on Saturday, killing at least two people and wounding two others, security officials said. The strike came as tensions across the Middle East grow with the Israel-Hamas war, a drone attack last month that killed three US troops in northeastern Jordan near the Syrian border, and attacks by Yemen's Iran-backed Houthi rebels on vessels passing through the Red Sea. The drone strike near the coastal town of Jadra took place about 60 kilometres from the Israeli border, making it one of the farthest inside Lebanon since violence erupted along the Lebanon-Israel border on October 8. An Israeli security official, speaking on condition of anonymity, said the target of the strike in Sidon was Hamas official Basel Saleh, who was "injured to an unknown extent". The official said Saleh was responsible for enlistment of new Hamas recruits in Gaza and the West Bank. Two Lebanese security officials said the strike damaged a c
A US drone strike hit a car in the Iraqi capital Wednesday night, killing three members of the powerful Kataib Hezbollah militia, including a high-ranking commander, officials said. The strike came on a main thoroughfare in the Mashtal neighborhood in eastern Baghdad. A crowd gathered as emergency response teams picked through the wreckage. A U.S. official familiar with the matter said that a senior Kataib Hezbollah commander was targeted in a U.S. strike on Wednesday in Iraq. The official was not authorized to comment publicly and requested anonymity. Two officials with Iran-backed militias in Iraq said that one of the three killed was Wissam Mohammed Abu Bakr al-Saadi, the commander in charge of Kataib Hezbollah's operations in Syria. The officials spoke on condition of anonymity because they weren't authorized to speak to journalists. The strike came amid roiling tensions in the region and days after the U.S. military launched an air assault on dozens of sites in Iraq and Syria
The court directed the district administration to make the necessary arrangements in the next seven days