PR87607

MUMBAI, India, 14 January 2021 /PRNewswire=KYODO JBN/ --

    The Indian Army has signed an approximately $20 million contract for

undisclosed quantities of a high-altitude variant of ideaForge's SWITCH UAV

which will be delivered over a period of 1 year. ideaForge has been awarded

this contract after it emerged as the only vendor that qualified the operational

requirements in an evaluation done in real-world conditions, for a fast-track

procurement. The contract marks a strategic shift in the Indian defence

procurement process as the Indian Army goes on an aggressive modernization

drive. It has also cemented ideaForge's position as India's largest manufacturer of

drones for defence, homeland security and industrial applications.

    SWITCH UAV is an indigenous system built to cater for the most demanding

surveillance operations of the Indian Forces. This Fixed Wing VTOL (Vertical

Take-off and Landing) UAV can be deployed at high altitude and harsh

environments for day and night surveillance in Intelligence, Surveillance and

Reconnaissance (ISR) missions. It is man-portable and has the highest time on

target compared to any other UAV in its class.

    Speaking on the development, ideaForge CEO, Ankit Mehta said, "SWITCH UAV

is the culmination of insights and knowledge we have gained over years of

experience in helping the Indian Forces operationalize UAVs in their ranks. The

trials saw about a dozen national and global players compete to meet the

operational requirements. SWITCH UAV is the only product that cleared the

Indian Army's stringent product trials and surpassed expectations. It is a

testimony of the fact that our systems are built like a bird and tested like a

tank. Our systems are fully ready to serve nations that seek to protect their

territorial sovereignty."

    "A combination of world-class technology and a deep understanding of

customer requirements has resulted in ideaForge bagging this contract against

global competition. With the backing of reputed institutional investors such as

WRVI, Infosys and Qualcomm, ideaForge is all set to grow rapidly. We plan to

work with like-minded investors and partners to achieve our vision of premier

drone company serving enterprise, security and surveillance market globally",

said Ganapathy Subramaniam, Partner - WRVI Venture Capital who also serves as

Executive Chairman - ideaForge.

    About ideaForge

    Built on a strong foundation of interdisciplinary engineering, ideaForge

has become a global leader in UAV technology. Its drones offer class-leading

performance and reliability, and have been widely adopted for defence, homeland

security and enterprise applications. In India, ideaForge has by far the

largest market share in the security, surveillance and industrial market of

drones. Its customers include Indian Defence Forces, Central Armed Police

Forces and State Police Forces, and have conducted over 150,000 missions using

its drones. ideaForge has a diverse list of industrial customers as well in

sectors such as geospatial surveying, oil & gas, mining and many more. For more

information, visit www.ideaforge.co.in  

    Contact:

    Kruthi Aramanamada

    ideaForge Technology Pvt Ltd

    press@ideaforge.co.in

    Source: ideaForge Technology