Adani Enterprise News: Adani Ent to acquire 50% stake in General Aeronautics

[ad_1]

Adani Defence Systems and Technologies, a wholly-owned subsidiary of on Friday signed a definitive agreement to acquire a 50% stake in Bengaluru-based commercial drone maker General Aeronautics for cash consideration.

The company will be leveraging its military drone and AI/ML capabilities and work with General Aeronautics to provide solutions for the domestic agricultural sector.

General Aeronautics is an agri solution provider that provides robotic drones and drone-based solutions for crop protection services, crop health, precision- farming and yield monitoring using artificial intelligence and analytics for the agricultural sector. It was incorporated in 2016.

[ad_2]

Source link

https://businesstantra.in/folder