and Lockheed Martin Canada CDL Systems have signed a Memorandum of Understanding (MOU) to integrate Garuda Aerospace’s Made-In-India drones with Lockheed Martin Canada CDL Systems’ advanced Uncrewed Aerial Systems (UAS) software solutions for defense and commercial purposes.
The companies are committing to exploring expanded partnership opportunities – working closely to build a strong data processing capability and develop joint algorithms which will cater to a wide range of drones and various drone-based service applications in sectors such as defence, agriculture, mining, large scale mapping and industrial inspection.
“I’m delighted and thrilled to be working with Lockheed Martin Canada CDL Systems. This partnership will give Garuda Aerospace a strong competitive edge to cement market dominance in several sectors.”
Agnishwar Jayaprakash, Founder and CEO, Garuda Aerospace, said,
“Ever since our Honorable Prime Minister, Shri Narendra Modi Ji launched 100 Garuda drones in 100 locations across the country and MS Dhoni becoming our Brand Ambassador, Garuda Aerospace has built a tremendous order book with immense credibility to deliver drones to various sectors and this is why global corporations, like Lockheed Martin, have faith in Garuda as worthy partners”
concluded Agnishwar Jayaprakash.
“For over 30 years our team has developed advanced software solutions for the UAS market and we look forward to working with Garuda Aerospace to bring that technology and experience to their Made-In-India drones. This collaboration is a testament to our commitment to support the growth of an indigenous defence and aerospace manufacturing ecosystem in India. This will be a step forward in bringing world class drone software solutions to diverse market segments in India and creating high tech job opportunities”
said Michael Baker, General Manager of Lockheed Martin Canada CDL Systems.
Garuda Aerospace recently commenced its $30 million Series A round at $250 million valuation. Former Indian cricket team captain Mahendra Singh Dhoni has invested and is also the Brand Ambassador of the company.
Garuda Aerospace boasts of a drone fleet of 400 drones and a well-trained team of over 500 pilots across 26 different cities.
Garuda Aerospace has been termed as India’s most valuable startup and expects to be India’s first drone Unicorn startup in the near future.
About Garuda Aerospace
India’s Start-up Garuda Aerospace is a human-centric brand that is focused on developing low-cost drone solutions to optimize industries through accurate data. Started in 2015, The company has already made a significant mark on the drone industry with Drone-As-A-Software aggregator. This aggregator designs drones for a myriad of human and industrial needs with offering various drone solutions to the industry. Garuda Aerospace has received national and international recognition for its success in the drone sector.
About Lockheed Martin
Present in India for over three decades, Lockheed Martin is proud of its longstanding relationships and commitment to customers and partners on existing and future programs.
These range from transport, maritime and fighter aircraft, to sea and land-based air and missile defence projects, as well as capabilities in civil sectors including new and renewable energy.
A strategic partner and developer of sovereign industrial, workforce and enterprise capability, Lockheed Martin India’s joint ventures, apprenticeships, and founding membership of the India Innovation Growth Program underscore its conviction in Indian industry, talent and progress.
About Lockheed Martin Canada CDL Systems
Lockheed Martin Canada CDL Systems is a division of Lockheed Martin Canada that specializes in the development, integration, and application of unmanned systems software for commercial, civil, and military customers.
For more than 30 years, Lockheed Martin Canada CDL Systems has provided open, standards-based command and control solutions for the operation of over 40 types of UAS that have operated for over 2.5 million flight hours, including the US Army’s MQ-1C and RQ-7B platforms.
Photo: Garuda Aerospace Agricultural Drone
Source: Press Release