DroneAcharya secures work order worth 1.09 Cr. for the supply of 180 FPV Drones from the Indian Army
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Droneacharya Aerial Innovations has bagged a work order worth Rs 1.09 crore (approximately Rs 1.09 lakh per drone on average) from the Indian Army under the Ministry of Defence for supplying 180 First-Person View (FPV) drones. The contract is domestic in nature and is at arm's length, with no related party involvement. Delivery is split into three equal lots of 60 drones each, to be completed between April 2026 and October 2026. The company says this order reinforces its focus on the defence and security segment and validates its FPV drone manufacturing capabilities. The order date is October 16, 2025.
Positive for sentiment as it is a prestigious defence endorsement, though the order size is modest in absolute terms. More meaningful could be follow-on orders, as a successful delivery to the Indian Army may open doors to larger defence contracts in the future.