Boost to Drone Industry
InsideFPV signs Strategic development MoU with Israel-based UAV Dynamix, to Supply 10,000 Drones
InsideFPV, Indian deep tech drone company revolutionizing consumer, agriculture and defence drones, has entered into a strategic Memorandum of Understanding (MoU) with UAV Dynamix, an Israel-based drone company.
InsideFPV is also committed to supply an estimated quantity of 10,000 drones to UAV Dynamix over the next decade.
The objective of the MoU is to combine the technological prowess of both companies to create innovative drone solutions to drive global expansion.
The partnership signifies a significant opportunity for exchanging technologies, encompassing hardware and software.
It will also emphasize the development of relevant and efficient solutions using innovative technologies from both companies.
In the last few years, InsideFPV’s drones have garnered significant validation and popularity among Indian defence forces in numerous demonstrations, and the goal is to establish a reliable outlook among key foreign defence partners, amplifying growth.
The agreement also aligns with InsideFPV’s long-term vision to become the leading global drone manufacturer, pushing the boundaries through innovation, originality, and execution.
The Indian drone company has recently achieved a new milestone through its modernistic drones, by registering a flight time of 141 minutes on a single charge.
Currently, the Indian drone company plans to break the Guinness World Record. The Indian drone company’s record-setting flight has been achieved through the company’s extensive research efforts since 2020, including countless work hours to rigorous field testing.
Presently, the Indian drone company has 3+ design rights and technology. It has recently achieved another milestone in controlling drones from anywhere in the world, with control from 7,000 kilometers away (Netherlands, Oman, and Bangalore), which highlights InsideFPV’s phase 1 development for its defence vertical.
Additionally, InsideFPV’s dedicated research department has achieved significant success in developing extended battery life for drones.
According to Arth Chowdhary, CEO of InsideFPV, “As a company dedicated to solving problems through extensive R&D, we tackled the issue of flight time, leading to significant improvements. Recognizing India’s nascent stage in drone technology, we established drone labs in schools and colleges. Our agreement to supply 10,000 drones underscores our commitment to India’s Make in India initiative and vision to become a global drone manufacturing hub. We eagerly anticipate further advancements in the drone sector by doing R&D.”
Mr. Tal Appelbaum, CEO of UAV Dynamix, has emphasized the growing needs of UAVs in various aspects of modern aviation, saying, “From surveillance to surveying operations, the growing dependence of UAVs is critical to shape the future of modern aviation. InsideFPV represents India’s technological brilliance, and coupled with UAV Dynamix’s substantial experience in the sector and extensive network of international pilots, drone technology in aerial imagery, surveillance and surveying will mark a sizable contribution to the future of this sector”
The Gujarat-based firm has also launched Drone Labs, a research laboratory, which offers training and exposure in drones to army schools, students through diverse interactive learning initiatives. Its objective is not only to raise awareness regarding drones, but to supplement the passion for STEM education through hands-on learning with Drone Arena. This is done by exposing learners to electronics, coding and robotics through advanced drone platforms, curriculum support, teacher training, and technical assistance.
The Drone Labs is powered by InsideFPV’s advanced simulator, allowing anyone to learn to fly drones in a risk-free environment. This training program offers beginners to practice in multiple scenarios, helping them to build confidence and muscle memory.
This initiative has no eligibility criteria, and anyone can undergo this training irrespective of age, gender or educational qualification.
It may be noted that InsideFPV is the leading Indian drone manufacturer dedicated to transforming global drone technology. With a commitment to innovation, quality, and customer satisfaction, InsideFPV continues to lead the industry with its advanced drone solutions in consumer, defence and agriculture sector with educational initiatives.
InsideFPV is a funded startup and has raised over 3.85 crores in two rounds backed by IPV, Soonicorn Ventures, Mumbai Angels, Dlabs at ISB Hyderabad, also the founders of Fasal and Managing Directors of Blackstone Group and KPMG.
It has also featured in Shark Tank India Season 2, garnering significant interest. InsideFPV has also been featured in Forbes 30 Under 30 Asia 2024 award, under the Consumer Technology segment.