Taking Flight: Drone Destination Expands to Cyprus for European Ambitions

Drone Destination Ltd. has initiated the process of setting up a subsidiary in Cyprus, marking a significant step in its international expansion strategy. The move is aimed at strengthening its presence in the European market, leveraging Cyprus as a strategic hub for drone technology and services.

 

The company, known for its DGCA-approved drone pilot training and manufacturing, is looking to tap into Europe’s growing demand for commercial drone applications. Cyprus offers business-friendly regulations, tax advantages, and access to key European markets, making it an ideal location for Drone Destination’s expansion.

 

Industry experts believe this development will boost the company’s global footprint, allowing it to offer advanced drone solutions across sectors like agriculture, infrastructure, and surveillance. The subsidiary is expected to focus on training, drone-as-a-service (DaaS), and research collaborations with European institutions.

 

Drone Destination’s leadership has emphasized that the Cyprus expansion aligns with its vision of creating a global drone ecosystem, integrating manufacturing, certified training, and specialized services. The company has already established a strong presence in India, and this move signals its ambition to become a key player in the international drone industry.

 

With regulatory approvals underway, the subsidiary is expected to be operational by early 2026, paving the way for new partnerships and market opportunities.

 

Source: Drone Destination, Open Company Cyprus, Arihant Capital