Olee Space, a Pune-based startup founded in 2023, specializes in cutting-edge photonics, satellite communication, and defense-grade laser technologies. The company aims to create a global satellite mesh network with ultra-high bandwidth and quantum-secure capabilities. Recently securing $3 million in seed funding, it focuses on revolutionizing communication and defense sectors.
By N. C. Bipindra New Delhi: American firm Liquid Robotics, a Boeing company, has signed a Memorandum of Understanding (MoU) with Sagar Defence Engineering Private Limited, an Indian unmanned systems startup, to co-develop and co-produce Autonomous Surface Vessels (ASV). The agreement builds on the joint US-India Roadmap for […]
By A Correspondent Bengaluru (Karnataka): India will host Asia’s largest air show at the Yelahanka air base here beginning Feb. 10, 2025, and it has attracted over 900 aerospace and defence companies, including 150+ foreign and 750+ Indian firms, to showcase their military hardware to the world. India’s […]
By N. C. Bipindra New Delhi: In pursuance of Prime Minister Narendra Modi-led government’s vision of ‘Viksit Bharat @ 2047’’ (Developed India by 2047) with technologically advanced and ‘Aatmanirbhar’ (Self-Reliant) armed forces, India’s budget for 2025-26 fiscal has provisioned Rs. 6,81,210.27 crore (~US$79 billion) to the Ministry of […]
By A Correspondent New Delhi: Chennai-based start-up Zuppa OEG GEN5 Technologies Private Limited is now working on the development of ‘Zuppa Vector‘, a unique fixed-wing drone for mapping and surveillance. Having Vertical Take-Off and Landing (VTOL) capabilities, Zuppa Vector could soon be aiding Indian provinces’ drive to map […]
New Delhi: As a tangible demonstration of their growing military technological cooperation, India and Israel today signed a bilateral agreement for innovation in dual use technologies and to accelerate research and development in startups and micro, small and medium enterprises (MSMEs). The agreement, according to a statment from […]
New Delhi: India today announced Production-Linked Incentives (PLI) worth for the drone sector, to boost manufacturing capabilities and to act as a catalyst to drive growth. The PLI scheme was in line with Prime Minister Narendra Modi’s ‘Atmanirbhar Bharat’ vision and over the next three years, will lead […]
New Delhi: Nearly nine months after it demonstrated the swarm drones concept during the Army Day parade here on Jan. 15, a Bengaluru-based startup has bagged a $15-million order to supply 100 units of the system earlier this week. This is the first such purchase for swarm drone […]
New Delhi: India‘s air force has placed a $21.2-million order on a domestic Small and Medium Enterprise for a counter-drone system that uses means other than a ‘hard kill’ to destroy hostile unmanned objects. The contract, worth Rs 155 crore, was signed earlier this week between Indian Air […]
New Delhi: India today notified a new set of business rules for drones, providing the much-needed booster shot for the struggling unmanned systems industry that has witnessed mushrooming of startups nationwide but lesser orders over the last decade. The new rules, reportedly amended after its first release in […]
New Delhi: India‘s navy and state-run Bharat Electronics Limited (BEL) will jointly set up a Technology Incubation Forum, to promote innovation and creativity in developing futuristic technologies. Indian Navy and BEL signed a Memorandum of Understanding (MoU) here today at the naval headquarters here, according to an official […]
New Delhi: India today said it has approved a $68-million funding programme to help startups to boost innovations in defence technologies over the next five years. India’s Minister of Defence Rajnath Singh has “approved the budgetary support of Rs 498.8 crore to Innovations for Defence Excellence (iDEX) – […]
(Editor’s Note: Adds SIDM statement on the Second Positive Indigenisation List at Paragraph 16.) New Delhi: India today announced the addition of 108 defence platforms and equipment to a list of items that are banned from imports, further boosting the Narendra Modi government’s resolve to give preference to […]
New Delhi: Less than a month after information technology major Infosys Limited said it will invest an additional $1 million (about Rs 7.2 crore) in ideaForge Technology Private Limited, the drone maker has attracted another round of $2 million investment (about Rs 15 crore) in a venture debt […]
New Delhi: Amidst a military conflict in the Ladakh border with China, Indian Army has signed a $20-million contract with a local drone maker for the supply of a tactical Unmanned Aerial Vehicle for high altitude deployment. The nearly Rs 140-crore contract, signed with Indian startup ideaForge set […]
