Colab Platforms has signed a non-binding Memorandum of Understanding (MoU) with RRP Drones Innovation, RRP Group Company (RRP Drones). This marks the company’s entry into an entirely new technology vertical that aligns with its strategy of building future-ready platforms in sunrise industries.
The proposed partnership aims to establish a Special Purpose Vehicle (SPV) for the development, manufacturing, and deployment of AI-powered autonomous drones with applications spanning Border Security surveillance, Industrial sites, Law Enforcement, Agriculture & Environment Protection. By joining hands with RRP Drones, the company is expanding from digital, sports, fintech and esports platforms into aerospace & drone technology, a sector projected to scale rapidly in India and globally.
Colab Platforms (formerly known as Colab Cloud Platforms) is mainly engaged in Trading in Shares & Securities. It also engaged in Computer Hardware and Software Processing Jobwork.
