ideaForge and L&T Ink MoU for Unmanned Aerial Systems
ideaForge, India’s largest manufacturer of Unmanned Aerial Vehicles (UAVs) and Larsen and Toubro (L&T), India’s multinational engineering conglomerate and the largest private-sector defence company have entered an MoU to offer drones and allied systems for defence use.
Both the companies will combine their strengths to offer hi-tech, integrated drone solutions to enhance security and surveillance. They will also offer anti-drone solutions to counter the threat of malicious or unintended usage of drones.
The MoU involves collaboration on technology, products, deployment and go-to-market strategies. It will unlock the full potential of unmanned aerial systems in security, surveillance and protection solutions. With the ever-increasing adoption of drone technology, the ideaForge-L&T partnership will redefine the landscape of unmanned systems.
Mr. Ankit Mehta, CEO, ideaForge said, “We are excited to partner with L&T as it will bring their vast experience in design and development of Defence systems to our product offerings as well as a global orientation to address market demands. Our collaboration will create a platform to help develop mission-specific, fully integrated solutions that customers worldwide are looking for.”
Commenting on this, Mr. J D Patil, Whole Time Director & Senior Executive Vice President (Defence & Smart Technologies), L&T, said, “We are teaming as partners of choice to provide indigenously developed unmanned systems for the Indian and global markets. We are confident, this alliance will create a successful Make in India collaboration between a diversified engineering conglomerate and a young, technology-driven company for across the range offerings.”
About ideaForge
Built on a strong foundation of interdisciplinary engineering, ideaForge has emerged as a global leader in UAV technology. Its drones offer class-leading performance and reliability and have been widely adopted for defence, homeland security and enterprise applications. In India, ideaForge has over 90% market share in the security and surveillance market of homegrown drones.
About Larsen & ToubroLarsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over USD 21 billion in revenue. It operates in over 30 countries worldwide. A strong, customer–focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for eight decades.
