Listed drone startup DroneAcharya announced that it has signed a Memorandum of Understanding with Gujarat-based robotics company Gridbots Technologies to enter the drone manufacturing space.
Aside from manufacturing, the partnership will assist DroneAcharya in developing products and new technologies, cross-selling products and services, and sharing technology, knowledge, network, and resources for projects, according to an exchange filing by the startup. DroneAcharya, which began operations with a focus on pilot training, intended to first produce drone-in-a-box solutions as well as underground and underwater drones. The collaboration will allow both companies to offer a broader range of products that are tailored to the specific needs of their customers.