Announced Wed, 13 Aug · 16:41 IST

DroneAcharya Aerial Innovations Limited has been awarded a work order worth INR 99.67 Lacs by the Indian Army - Ministry of Defence for the supply of drones and the establishment of an ....

Govt Defence OrderBusiness Updates View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Droneacharya Aerial Innovations has secured a work order worth INR 99.67 lakh from the Indian Army under the Ministry of Defence. The contract involves supplying combat-ready FPV drones (10-inch and 7-inch), surveillance drones, training drones, and customised nano drones, along with setting up an advanced Drone Lab and integrated drone systems. The project runs from August 8, 2025 to November 6, 2025 (about 3 months) and aims to modernise combat engineering training and boost situational awareness for military personnel. This follows the company's earlier INR 55 lakh project for another Indian Army establishment, indicating a repeat-customer relationship with the defence sector.

Likely market impact

The order strengthens Droneacharya's defence-sector credentials and could open doors to larger MoD contracts, though the size (under INR 1 crore) means limited immediate revenue impact. Positive sentiment signal for retail investors tracking the company's defence vertical growth.