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Private Sector | Multi State - India | PID: 203130
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Domestic wearables and telecom equipment manufacturer Optiemus Infracom plans to invest around Rs 140 crore in a drone-as-a-service model under its drone-making subsidiary. The company's subsidiary Optiemus Unmanned Systems (OUS) formed to design drones has announced a range of drones for agricultural and mapping use-cases.
The company will adopt a service model for its drone business, where it will be training 6,000 pilots to manage a fleet of 5,000 drones by the end of 2025. It is targeting a revenue of Rs 600-900 crore by the end of calendar 2025. It is based on ground-level research, and OUS has targeted to achieve a minimum of 65 percent local value addition in its drones, with plans to increase it to 75 percent by the end of this financial year. The company has already indigenised various components such as the power distribution board, anti-spark switch, flight controller, airframe, and motor.
The company plans to launch the new drones for precision farming and spraying, which will enable mass deployment and adoption of drones across the country, as a cost-effective and efficient solution for agricultural and defense needs. After-sales service and support will be another key focus area to ensure that operations are run smoothly.
| Updated on: 12 - Jul - 2024
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