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IdeaForge Technology Ltd, a trailblazer in Indian drone technology, has entered a strategic joint venture (JV) with First Breach Inc, a Delaware-based corporation. The JV aims to design, manufacture, and distribute select IdeaForge unmanned aerial vehicles (UAVs) across the United States, marking a significant expansion effort for IdeaForge into the global drone market.
Key Highlights Of The Joint Venture
The JV agreement was signed on September 23, 2025, between IdeaForge Technology Inc (a wholly owned subsidiary of IdeaForge Technology Ltd) and First Breach Inc.
Both entities will hold equal ownership, with 50% shares each in the JV, and equal board representation ensuring balanced decision-making.
The JV will focus on licensing, sourcing, engineering, manufacturing, assembly, marketing, and selling specific IdeaForge UAV products primarily in the US market.
The agreement is subject to regulatory approvals and due diligence, aiming for completion by the end of FY 2025-26.
This collaboration leverages IdeaForge’s advanced drone technology and First Breach’s established US infrastructure and market expertise.
Strategic Importance And Future Outlook
This partnership represents a critical step for IdeaForge to enter one of the world’s largest drone markets with local manufacturing and distribution capabilities. It enhances the company’s ability to deliver cutting-edge UAV solutions tailored to defense, industrial, and commercial segments fueled by growing demand across sectors such as security, agriculture, and infrastructure inspection.
By combining India’s homegrown technological innovation with First Breach’s American operational experience, the JV sets the foundation for accelerated growth and sustained global leadership in the UAV industry.
Source: NSE India corporate filing, IdeaForge Technology official release
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