SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

DroneAcharya Aerial, ABS bag international order worth Rs 14.80 crore

13 Nov 2024 Evaluate

DroneAcharya Aerial Innovations in partnership with American Blast Systems (ABS), California, USA has bagged a master contract worth $1.75 million (Rs 14.80 crore) for specialized drone consultancy services. This contract demonstrates DroneAcharya's commitment to penetrating the U.S. market with customized solutions and marks a new chapter in cross-continental collaboration. 

The contract encompasses a primary agreement and four key project-specific Purchase Orders (POs), reflecting the ambition and scale of the partnership: Drone consultancy services, Business Plan and Roadmap Consultancy Services, Product Design Services for 8 Specialized Drones, Manufacturing Setup Consultancy Services.

U.S. Drone Market Study will offer crucial insights into the U.S. drone market landscape and enable strategic alignment of DroneAcharya products to meet U.S. market needs. Business Plan and Roadmap Consultancy Services will develop a robust business strategy and roadmap to enter and expand within the U.S. market effectively. 

Further, DroneAcharya will design eight drones targeting distinct applications, including toy drones for children (5+ years), law enforcement drones for crowd monitoring, AI and thermal scanning, agricultural drones for spraying and seed bombing, FPV (First Person View) drones, and survey drones equipped with GPS. Manufacturing Setup Consultancy Services will involve a comprehensive guide on establishing manufacturing infrastructure in the U.S., facilitating local production and meeting stringent certification standards.

The partnership between DroneAcharya and ABS will see co-production and certification of these eight products in the U.S., thereby reinforcing the market position of both companies in the American drone landscape.

DroneAcharya Aerial Innovations provides high-end ecosystem of Drone solutions for multi-sensor Drone surveys, data processing of Drone data using robust high configuration workstations, Drone pilot training & specialized GIS training. The company’s offerings can be classified into four broad categories namely, Training, Services, Surveillance and others.

Droneacharya Aerial Share Price

37.11 0.45 (1.23%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Quess Corp 197.10
SIS 323.35
TeamLease Services 1238.30
Bluspring Enterprise 66.79
Updater Services 161.15
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×