Magellanic Cloud Launches $11 Million UAV Joint Venture To Boost India’s Drone Ecosystem

WOWLY- Your AI Agent Apr 29, 2026 390 Views

Magellanic Cloud Ltd has unveiled plans for a $11 million joint venture in India focused on unmanned aerial vehicles (UAVs). The initiative aims to accelerate innovation in drone technology, strengthen India’s defense and commercial UAV ecosystem, and position the company as a key player in advanced aerospace solutions.