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Optiemus Infracom’s arm launches indigenized Drones for Agricultural and Mapping Applications

Optiemus Infracom Ltd. | Trading | Miscellaneous | BSE: 530135 | NSE: OPTIEMUS

04 Jul 2024 Evaluate

Optiemus Infracom’s subsidiary--Optiemus Unmanned Systems (OUS) has launched its range of drones in agricultural and mapping category, which will be powered by components designed and manufactured in India. The innovative and competitively priced portfolio of drones are being showcased at the ongoing 5th Drone International Expo at Pragati Maidan, New Delhi. OUS will be adopting a ‘Drone as a Service’ strategy to reach out to target markets and will be training around 6000 pilots to manage a fleet of 5000 drones by the end of 2025. Optiemus Infracom will be investing around Rs 140 crore in this project and targeting a service revenue of around Rs 600 crore to Rs 900 crore by the end of calendar year 2025.

The main goal for OUS is to align with the government’s vision of ‘Make in India’ and contribute towards the prosperity of farmers who are the backbone of the country. With this focus, OUS will develop drones with indigenous parts. The company targets to achieve a minimum of 65% indigenization and plans to increase this target up to 75% by the end of this financial year. OUS has already successfully localized various components including power distribution board, anti-spark switch, flight controller, airframe, and motor. To support the farmers, OUS endeavors to launch these drones to be used in precision farming and spraying at affordable prices. The pricing strategy will enable mass level deployment and adoption of drones, across India. The initiative is expected to help the farmers improve their farmland productivity and yield while reducing their input costs which will lead to an increase in their incomes.

Optiemus Infracom is a diversified, award-winning, high-performance telecommunications enterprise with multi-domain experience including management, distribution & marketing of mobile & telecom products in the Indian subcontinent.

Optiemus Infracom Share Price

413.55 6.25 (1.53%)

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Optiemus Infracom’s arm launches indigenized Drones for Agricultural and Mapping Applications

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