Droneacharya gains over 3% on MoU with Vimaan Aerospace for drones and training services

This alliance is poised to commence with projects in Satara, Maharashtra, and expand nationwide in the near future. “We believe that this collaboration will not only enhance our capabilities but will also position both entities as leaders in the ongoing drone revolution,” Prateek Srivastava, founder and managing director of DroneAcharya, said.

Last month, DroneAcharya secured a new order from the defence ministry for the drone training of the Indian Army personnel. Under the contract, it would provide capacity building and advanced drone training at the Mechanised Army Courses Group, Ahmednagar.

In the same month, DroneAcharya announced that it had received a contract worth ₹11.80 lakh for the training of 20 officers from the Northern Command Pre-Induction Training School at Bhalra, Jammu and Kashmir.

DroneAcharya is India's sole private company certified by the Directorate General of Civil Aviation (DGCA) for drone pilot training. With over 580 training sessions completed, it has further provided over 200 drone pilot training sessions to various defence organisations nationwide.

At 10.16 AM, shares of DroneAcharya were trading 2.18% higher at ₹183 apiece on BSE.