Paras Defence and HevenDrones Joint Venture for Hydrogen-Powered Drones in India
Key Ideas
- Paras Defence and HevenDrones are joining forces to develop hydrogen-powered drone systems for logistics, surveillance, and defense applications in India.
- The partnership aims to support India's 'Atmanirbhar Bharat' mission by delivering world-class Made in India drone systems for both local and global markets.
- The joint venture will focus on designing, manufacturing, and supplying next-generation drone systems, combining engineering capabilities and technology expertise.
- The collaboration includes technology transfer, training programs, and governance overseen by a joint board to ensure successful implementation.
Paras Defence & Space Technologies Ltd. and HevenDrones Israel have announced a joint venture to manufacture advanced hydrogen-powered drone systems in India. This strategic partnership combines Paras Defence's engineering capabilities with HevenDrones' hydrogen-powered drone technology to create solutions for logistics, surveillance, and defense applications. The collaboration aims to support India's 'Atmanirbhar Bharat' mission by delivering high-quality Made in India drone systems for both local and global markets. The joint venture will be based in India and will focus on designing, manufacturing, and supplying next-generation drone systems for various applications. Through technology transfer, training programs, and joint governance, the companies aim to ensure the success of this innovative initiative. This partnership signifies a significant step towards setting new benchmarks in performance-driven UAV solutions for global markets, leveraging engineering expertise and combat-tested technology. By combining resources and knowledge, Paras Defence and HevenDrones are poised to make a positive impact on the defense technology sector in India and beyond.