Adani Ent to acquire 50% stake in General Aeronautics

Adani Defence Systems and Technologies, a wholly-owned subsidiary of Adani Enterprises on Friday signed a definitive agreement to acquire a 50% stake in Bengaluru-based commercial drone maker General Aeronautics for cash consideration.

"The partnership between General Aeronautics and Adani Defence & Aerospace fuses our military and civilian objectives by integrating... Adani Group's military UAV capabilities with the capabilities of General Aeronautics thereby providing us with a platform with far reaching possibilities," Ashish Rajvanshi, CEO of Adani Defence & Aerospace, said in a statement.

The company will be leveraging its military drone and AI/ML capabilities and work with General Aeronautics to provide solutions for the domestic agricultural sector.


"I am delighted that Adani Defence & Aerospace is partnering with us to lead us into the next era of growth in this rapidly evolving space.

"I look forward to our partnership unlocking substantial scale, leveraging their vision and commitment to the unmanned capabilities which will help facilitate India becoming the drone hub of the world," General Aeronautics CEO Abhishek Burman said.

General Aeronautics is an agri solution provider that provides robotic drones and drone-based solutions for crop protection services, crop health, precision- farming and yield monitoring using artificial intelligence and analytics for the agricultural sector. It was incorporated in 2016.

with agency inputs