Airbound, a Bangalore-based drone startup founded by Naman Pushp at age 15 during the COVID-19 lockdown, has raised $8.65 million in seed funding. The round was led by Lachy Groom, co-founder of Physical Intelligence, with participation from Humba Ventures, Lightspeed Venture Partners, and senior leaders from Tesla, SpaceX, and Anduril....
India-US $7.5 Billion Deals for Armed Drones, Spy Planes in Pipeline
Amid growing military ties between India and the US, the Indian military is moving closer towards deals for procuring American defense equipment worth over $7 billion from the United States, including armed drones and naval spy planes. The two projects are moving ahead separately, since one of them is a...
Japan's Terra Drone to Launch Center of Excellence in India
Tokyo-based Terra Drone Corporation is one of the world's largest providers of industrial drone solutions. In partnership with Terra Drone India and the Indian Institute of Technology (IIT), a premier engineering college in Hyderabad, the company will establish a Center of Excellence for Unmanned Aerial Vehicles in the campus of...