DroneAcharya Bags Contract To Offer Training Courses For Army Officials

Listed drone solutions provider DroneAcharya has bagged a contract worth INR 7.53 Lakh from the defence ministry to provide drone-centric training courses.

As per the contract, the startup will provide a drone pilot training course and drone building course for 8 Indian Army Officials, DroneAcharya said in a BSE filing.

“DroneAcharya Aerial Innovations Limited has been awarded a contract valued at INR 7,53,040 by the Ministry of Defence, Department of Military Affairs, Mechanised Army Courses Group Ahmednagar,” the filing added.

The training programme will commence on February 3 and will conclude on February 12.

Notably, this is not the first time that DroneAcharya has received a contract to provide drone training. In August 2024, the Pune-based startup received  a service order worth INR 50.44 Lakh from the Indian Institute of Technology (IIT), Ropar, to upskill 150 individuals in drone technology. 

Around the same time, the listed dronetech startup received the approval from the Directorate General of Civil Aviation (DGCA) to open its fifth Remote Pilot Training Organization (RPTO) in Karnataka’s Dharwad to train 240 officials from the Karnataka forest department. The contract is worth INR 96 Lakh.

Before this, DroneAcharya also bagged a contract from the Adani Group to provide DGCA certified drone pilot training.

Earlier this month, DroneAcharya announced securing an order worth INR 5.5 Lakh from Tata Communications for building customised drone solutions.

Last month, the company also partnered with Canada-based Volatus Aerospace to manufacture drones for the latter in India.

On the financial front, DroneAcharya’s consolidated profit after tax (PAT) dropped 62.1% to INR 1.50 Cr during the six months ended September 2024 (H1 FY25), against INR 3.96 Cr during the same period in the previous fiscal.