City
Epaper

Optiemus to invest Rs 140 cr to create fleet of 5,000 drones by 2025 end

By IANS | Updated: July 4, 2024 15:50 IST

New Delhi, July 4 Optiemus Unmanned Systems (OUS), a subsidiary of homegrown telecommunications and electronics manufacturing company Optiemus ...

Open in App

New Delhi, July 4 Optiemus Unmanned Systems (OUS), a subsidiary of homegrown telecommunications and electronics manufacturing company Optiemus Infracom Limited, said on Thursday that it will invest Rs 140 crore and offer a pioneering model of 'Drone as a Service' for the agriculture sector with a fleet of 5,000 drones by the end of 2025.

The company has launched its range of drones in the agricultural and mapping category, which will be powered by components designed and manufactured in India.

The company also said that it will train around 6,000 pilots to manage a fleet of 5,000 drones by the end of 2025, adding that it is targeting a service revenue of around Rs 600 crore to Rs 900 crore by next year's end.

"It is our effort to revolutionise traditional farming practices and enhance crop yields while promoting sustainability and environmental stewardship," Ashok Kumar Gupta, Chairman, Optiemus Infracom Limited, said in a statement.

"We have already got a portfolio of military-grade drones and have started selling our drones to India’s defence and paramilitary forces," he added.

The company said its main goal is to align with Prime Minister Narendra Modi's vision of 'Make in India' and contribute towards the prosperity of farmers who are the backbone of the country.

To support and contribute towards PM Modi’s vision, OUS has launched the 'Agri Shakti 10L' at a starting price of Rs 2.25 lakh plus GST.

The Agri Shakti 10L is an agricultural drone that can fly for up to 15 minutes at maximum capacity and supports a 10-litre spray tank capable of spraying 1 acre in approximately 7 minutes.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

NationalUK-based don Kapil Sangwan’s two shooters arrested after encounter in Delhi

NationalAllahabad HC rejects plea to declare Shahi Idgah mosque as disputed structure

Other SportsKidambi Srikanth, Valishetty, and Subramanian advance to Canada Open quarterfinals

NationalCUET UG Result 2025 Released at cuet.nta.nic.in; Know How to Download

Other SportsFormula 1: Tim Mayer announces bid for FIA presidency, says governing body can do better

Technology Realted Stories

TechnologyRBI withdraws Rs 1 lakh crore from banking system through VRRR auction to tackle surplus liquidity

TechnologyAustralian study establishes new framework for deep-sea mining impact assessment

TechnologyShubhanshu Shukla's parents await his return, share experience of watching mesmerising sunrise from space

TechnologyDefence stocks up over govt’s Rs 1.05 lakh crore procurement drive

Technology2 Indian-origin students selected for internship at NASA’s Jet Propulsion Lab