Creative Newtech partners with Jupiter Electric Mobility for drone battery distribution

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AI summary

Creative Newtech has signed a pan-India distribution partnership with Jupiter Electric Mobility (JEM), a subsidiary of Jupiter Wagons Limited, to distribute JEM's drone batteries across India. Creative Newtech will use its nationwide network to reach customers and resellers. The lead product is JEM Vaayu 1.0, a BIS-certified battery with 24,000 mAh capacity, 518.4 Wh energy, 17C discharge rate, and over 400 life cycles at 80 percent depth of discharge, aimed at agricultural and professional drones.

Likely market impact

Adds a new drone technology category and supports revenue diversification; no financial terms or material impact disclosed in this announcement.