
Garuda Aerospace, Lockheed Martin Canada inks MoU to collaborate on drones, drone systems
CIOTechOutlook Team | Monday, 17 October 2022, 08:45 IST
In order to leverage Lockheed Martin CDL Systems' Unmanned Aerial Systems (UAS) software solutions for commercial and defence drones, Lockheed Martin CDL Systems and Chennai-based drone startup Garuda Aerospace have inked a memorandum of understanding (MoU).
The two companies will also “work closely" to build a strong data processing capability and co-develop algorithms for drone-based applications that can be used in agriculture, mining, large-scale mapping, and industrial inspection, according to Garuda Aerospace.
“This partnership will give us a strong competitive edge to cement market dominance in several sectors," said Agnishwar Jayaprakash, founder and chief executive of Garuda Aerospace.
Jayaprakash said his company has received large orders to deliver drones to various sectors, which is helping it partner with large global corporations such as Lockheed Martin.
“For over 30 years our team has developed advanced software solutions for the UAS market and we look forward to working with Garuda Aerospace to bring that technology and experience to their Made-In-India drones," said Michael Baker, general manager of Lockheed Martin Canada CDL Systems.
Baker pointed out that access to world-class drone software solutions will create high-tech job opportunities and also support the growth of an indigenous defence and aerospace manufacturing ecosystem in India.
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