Accedere Ltd's subsidiary Freebird Aerospace updates on surveillance drone

Accedere Limited's subsidiary Freebird Aerospace had an overwhelming response to its first surveillance drone, the TrailBird UAV, launched at DefExpo 2022. The TrailBird UAV generated a lot of interest from the various units of the Ministry of Defense and Ministry of Home Affairs for its unique features like vertical take-off and landing, advanced multi-sensor intelligence, surveillance, and reconnaissance (ISR) features while being extremely tactical.

Freebird Aerospace is now starting to conduct trials of its TrailBird UAV with various Defense units. Aceedere's strategic plan for FY23-24 strongly believes in the products of its subsidiary Freebird Aerospace. Accedere plans to further infuse more capital considering the overwhelming response of TrailBird UAV at DefExpo 2022 and the exponentially growing drone industry.

Shares of Accedere Ltd. was last trading in BSE at Rs. 53.65 as compared to the previous close of Rs. 53.60. The total number of shares traded during the day was 681 in over 14 trades.

The stock hit an intraday high of Rs. 56.25 and intraday low of 50.95. The net turnover during the day was Rs. 37612.00.

Source : Equity Bulls

Keywords

Accedere INE578B01015 FreebirdAerospace TrailBirdUAV DefExpo2022 OverwhelmingResponse