Introduction:
Prominent drone solutions provider partners with a Canadian aerospace company to enhance drone-based logistics in India. This collaboration focuses on local manufacturing, cutting-edge cargo delivery technology, and a significant exchange of drone expertise.
Share price movement of DroneAcharya Aerial:
On December 18, 2024, DroneAcharya Aerial opened at ₹120.00, up 0.21% from its previous close of ₹119.75. The stock reached a high of ₹128.80 (+7.56%) and a low of ₹119.25. By 3:25 PM, it traded at ₹123.00, a 2.71% increase, with a market cap of ₹295.06 crore.
DroneAcharya partners with Volatus for logistics:
DroneAcharya Aerial Innovations Limited has partnered with Volatus Aerospace Inc., based in Canada, to enhance drone-based logistics in India. The MoU, signed on December 17, 2024, combines expertise in drone surveying, training, and delivery systems.
As part of the MoU, DroneAcharya will serve as the manufacturing partner for Volatus in India, focusing on local production and distribution of drones. A key product is the Condor, a heavy-payload drone designed for efficient cargo delivery solutions.
The partnership also includes technology exchange, allowing Volatus to leverage DroneAcharya’s FPV drone technology. This collaboration is expected to expand Volatus’s service offerings, setting new industry standards for innovation and efficiency in logistics and drone technology.
Recent news on DroneAcharya Aerial:
As of December 04, 2024, DroneAcharya Aerial Innovations has secured new work orders worth Rs. 70,80,000 for a drone survey project in Gujarat’s Dholera Special Investment Region. The project, spanning 242 sq km, will use advanced VTOL drones for precision mapping.
Stock performance of DroneAcharya Aerial for Period of 1 week, 6 months and 1 year:
DroneAcharya Aerial Innovations Ltd has seen a modest 1.18% return over the past week. However, the stock has faced a decline of 19.6% over the last 6 months and 41.4% over the past year, indicating a challenging performance.
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Shareholding pattern of DroneAcharya Aerial:
| All values in % | Sep 2024 | Mar 2024 |
| Promoter | 28.20% | 28.20% |
| FII | 1.60% | 2.00% |
| DII | 0% | 0% |
| Public | 70.20% | 69.80% |
About DroneAcharya Aerial:
DroneAcharya Aerial Innovations Limited (BSE: 543713) was incorporated in 2017 as a private company and later became public in 2022. Based in Pune, Maharashtra, it specializes in drone operation training, drone supply, maintenance services, and management consultancy.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
