Adani Defence & Aerospace has acquired strategic stake in digital led leading agri-drone solution provider General Aeronautics
Adani Defence & Aerospace has entered into definitive agreements for acquiring 50 per cent equity stake in agricultural drone start up – General Aeronautics.
General Aeronautics, a Bangalore based start-up specialises in developing robotic drones to offer tech enabled crop protection services, crop health monitoring, precision farming and yield monitoring using artificial intelligence and data analytics while working very closely with the farmers and agricultural chemical companies. General Aeronautics also has the presence of some reputed venture capital firms like Mela Ventures, founded by former Mindtree founders.
“The cross-industry application of drones is nearly limitless and continues to make great strides. It offers countries like ours the opportunity to leapfrog generations of infrastructure, healthcare, logistics, agriculture and defence advancements and break several process barriers. When combined with next generation imaging technologies, longer battery life, edge based artificial intelligence and machine learning capabilities, the possibilities are endless. The partnership between General Aeronautics and Adani Defence & Aerospace fuses our military and civilian objectives by integrating several capabilities Adani Group’s military UAV capabilities with the capabilities of General Aeronautics thereby providing us with a platform with far reaching possibilities” said Ashish Rajvanshi, CEO of Adani Defence & Aerospace.
The acquisition aligns to the objectives of Adani Defence & Aerospace in providing a platform to startups and MSMEs for rapid growth and scalability of innovative technologies.
