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Droneacharya expands to the Middle East with its wholly owned UAE based subsidiary DRONE ENTRY AERIAL SERVICES LLC



Posted On : 2024-12-16 20:34:25( TIMEZONE : IST )

Droneacharya expands to the Middle East with its wholly owned UAE based subsidiary DRONE ENTRY AERIAL SERVICES LLC

DroneAcharya Aerial Innovations Limited is pleased to announce its strategic expansion into the Middle East with the incorporation of a new company in Abu Dhabi, UAE with the trade name of DRONE ENTRY AERIAL SERVICES L.L.C. (Economic License No. CN 5634874). The licensed activities of the newly established entity include:

1. Aerial surveys by drones;
2. Drone sales and leasing; and
3. Surveillance and inspection by drones.

DroneAcharya holds 99% stake in this newly established entity. This marks a significant milestone in our journey of growth and global outreach.

The expansion into the Middle East opens up a realm of opportunities for DroneAcharya:

Access to High Growth Markets: The region is witnessing a surge in demand for drone technology, particularly in industries like oil & gas, real estate, logistics, and smart cities.

Strategic Partnerships: Collaborations with leading Middle Eastern firms will enhance our technical capabilities and market reach.

Enhanced Revenue Streams: Entry into a new market ensures diversification of revenue sources, reducing dependency on a single region.

Technology Leadership: Establishing a strong presence in the Middle East reinforces DroneAcharya's position as a global innovator in UAV technology.

This move underscores DroneAcharya's commitment to redefining aerial innovations on a global scale. With a strong foundation in India and a growing presence internationally, we are excited to explore uncharted territories, create impactful collaborations, and empower industries with our state of theart drone technology.

Source : Equity Bulls

Keywords

DroneAcharyaAerialInnovations StrategicExpansion MiddleEast DroneEntryAerialServicesLLC