Corporate Presentation Content

Leadership Team

  • Ankit Mehta, Chief Executive Officer: Bachelor of Tech. (M.E.) & Master of Tech. from IIT Bombay
  • Ashish Bhat, VP – Engineering: Bachelor of Technology (M.E.) from IIT Bombay
  • Vipul Joshi, VP – R&D: Bachelor of Technology (E.E.) from IIT Bombay
  • Vishal Saxena, VP – Sales & BD: Bachelor in Sci. & Tech. from Jawaharlal Nehru University, New Delhi; PG in Management from Indian School of Business, Hyderabad
  • Vipul Joshi, Chief Financial Officer: B.Com (Hon.) from Jai Narain Vyas University, Jodhpur; MBA from University of Business & Finance, Switzerland

Market Position & Experience

  • 19+ years of experience from design to deployment
  • Market leadership position as of December 31, 2024, based on global report by Drone Industry Insights (DII)
  • 950,000+ missions completed

Technology & Innovation

  • Founded in 2004 with early autopilot development for Micro Air Vehicles (MAV) in 2007
  • Vertically integrated operations with end-to-end control of hardware and software
  • Proprietary ground control software (one of few global OEMs with this capability)
  • Indigenous development of: autopilot, radio & data transmission, payloads (EO/IR), GNSS denied navigation, and operating software
  • 50%+ workforce in Technology & Product Development
  • 20%+ revenue invested in Product Development
  • 108 patents: 56 granted and 52 pending as of May 31, 2026
  • EW Resilience Stack: Indigenously developed dual-layer navigation and communication resilience including Visual Positioning System (VPS) for GNSS-denied operations and CRPA for anti-jamming and anti-spoofing

Product Portfolio

Versatile Scout: All-purpose quadcopter for security, surveillance, crowd management, mining site planning

  • Flight time: ≥40 mins (1000m AMSL), Range: Up to 4 km
  • Payloads: HD daylight with 10x optical zoom, thermal, multispectral

Q6 V3: Rugged quadcopter for public safety, defence, day & night vigilance, mapping, disaster response

  • Flight time: ≥60 mins (MSL), Range: Up to 2 km
  • Payloads: HD daylight with 27x optical zoom, thermal, photogrammetry, multispectral

Mapping Drone: Quadcopter for large scale mapping, urban planning, digital twin, forest & agri mapping

  • Flight time: 55 mins (MSL), 50 mins (LiDAR)
  • Range: Up to 5 km RLOS and 2 km VLOS
  • Payloads: LiDAR, RGB imaging, photogrammetry, 3D oblique imaging, dual day-night payload

Advanced Quadcopter: Rugged workhorse for public safety, emergency response, mapping, defence

  • Flight time: Up to 75 mins (1000m AMSL)
  • Range: Up to 15 km
  • Payloads: HD daylight with 27x optical zoom, thermal, mapping payload

Resilient Platform: Future-proof platform with onboard AI, open interface for payloads, collision avoidance & AES 256 encryption

  • Flight time: 60 minutes (Take off 1000m AMSL)
  • Range: 10 Km (extendable up to 15 km)
  • Payloads: Primary: Dual Integrated EO (30x) & IR; Secondary: LiDAR, multispectral, SAR, mapping, drop payload (up to 2kg)

SWITCH V2: VTOL-Fixed Wing Hybrid for public safety, defence, day & night vigilance, utility

  • Flight time: ≥120 mins (1000 AMSL)
  • Range: Over 15 km
  • Payloads: Daylight surveillance with 25x optical zoom, thermal

ZOLT: Enhanced multi-role capability with 25% overall boost in performance

  • Flight time: 150 mins (up to 1000m AMSL)
  • Range: Over 20 km
  • Payloads: Daylight surveillance with 30x FHD, thermal, oblique, dual payload, and mapping payload

High Performance Platform: For ISTAR & fire correction, tactical multi-role drone swarms, border management, disaster management

  • Flight time: Up to 3 hours (MSL)
  • Range: Up to ~50 km
  • Payloads: Daylight surveillance with 30x FHD/thermal payload & DOOAF payload

YETI Logistics UAV: Game changer logistics platform with multiple operational modes:

  • Medical Evacuation Mode: 200 kg payload with 50 km range
  • Tactical Transport Mode: 200 kg lifting capability with 50 km range
  • Delivery in Cargo Mode: 50-200 kg payload with 200-50 km range (customizable)
  • Middle to Long range version also available

Autonomous Capabilities

Platforms feature autonomous navigation, autonomous return to home (RTH), autonomous landing, and autonomous take-off across NETRA 5, Q6 V3, SWITCH V2, and ZOLT platforms.

Combat Drone Capability

  • Airframe: Self-developed, matured technology
  • Propulsion: Self-developed, matured
  • Electronics/Intelligence: Self-developed, matured
  • Targeting: Self-developed, under development
  • Munition: Partner-provided, matured
  • Munition Integration: Self and/or partner, under development

Business Model Diversification

  • Product Sale
  • After Sales (AMC, iFCare, Upgrades)
  • Drone as a Service
  • Software Solutions
  • Components/subsystems
  • Integrated solutions

Certifications & Qualifications

  • World-class certifications: AS9100, DGQA FFIMU, NATO NSN, ISO9001, ISO27001
  • Qualified for sustained operation in extreme temperatures, high humidity, marine environments, heavy rainfall, and dust/sand conditions
  • Designed for tactical discretion with low noise signature
  • Proven in contested electromagnetic environments

Market Opportunity

Global Defense Trends:

  • Ukraine drone production: 3,000 in 2022, 2.2 million in 2024, projected 4.5 million in 2025
  • Operation Sindoor: Indigenous UAVs and C-UAS successfully countered waves protecting infrastructure

Indian Defense Procurement:

  • ₹1,981.90 Cr Emergency Procurement (EP6)
  • ₹20,000 Cr Fast-Track Procurement roadmap in progress
  • DFPDS 2026: MoD triples ceiling of funds at disposal of field commanders for operational procurements
  • 2026 UAS Capability Roadmap identified 30 distinct drone types for long term demand visibility

Global Initiatives:

  • US Security Drone Act (NDAA) and FAA regulations creating trusted-origin requirements
  • US "Replicator" Initiative: Fielding thousands of attributable autonomous systems at scale
  • Australia: AUD 1.3 billion investment over 10 years in Counter-UAS (C-UAS)
  • European Union: Dedicated Drone Alliance for industrialization

Civil Applications:

  • SVAMITVA: 3.28L villages; 2.76 Cr property cards
  • NAKSHA: Land record digitisation across 157 ULBs, 29 states & UTs
  • Op. Dronagiri: Real-world targeted applications via GIS
  • NHAI mandates monthly drone-video highway audits
  • Railways deploy drones for track surveillance and bridge surveillance

Regulatory Environment

  • Drone Rules 2021 replaced Unmanned Aircraft Rules 2021
  • ~90% of Indian airspace classified as green zone
  • Production-linked incentive (PLI) Scheme for drones and drone components
  • General Authorisation for Export of Drones (GAED) 2023
  • Certification Scheme for Unmanned Aircraft Systems 2022 notified
  • Mission 'Drone Shakti' launched as part of the Union Budget
  • Ban on import of foreign drones by DGFT
  • Draft Civil Drone (Promotion and Regulation) Bill, 2025 released for public comments
  • GST rate rationalization to uniform 5%