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DRONE STARTUPS REVENUE INCREASE
Indian tech firm delivers 106 turbojet-powered drones with precision strike capability to ArmyThe Indian Army has received 106 advanced kamikaze drones. These turbojet-powered drones, named Peacekeeper (Agniveg), can strike deep insi...- SatSure bags $2.6 million grant to build AI-powered Earth observation modelsIndian space startup SatSure Analytics received a $2.57 million grant to develop AI models for Earth observation, bolstering the nation's s...
- Deeptech startup Ethereal Machines raises $28.5 million from Avataar Ventures, Peak XV, othersDeeptech startup Ethereal Machines secured $28.5 million in funding. This capital will fuel the construction of a large manufacturing facil...
- Mygate closes Rs 225 crore deal with Dharana CapitalHousing society management platform Mygate has secured Rs 225 crore in a funding round led by Dharana Capital. The deal, which includes pri...
- Fear of Ukrainian drones empties the guesthouses in Latvia's Land of Blue LakesTourism in eastern Latvia faces a crisis. Stray Ukrainian drones are causing tourists to cancel bookings. Guesthouses and local businesses ...
- At FIFA World Cup stadiums, there will be zero tolerance for drones because of the threat they poseSecurity is heightened for the World Cup with a strict no-drone policy over stadiums. Law enforcement has new powers to disable or shoot do...
- Kiran Mazumdar-Shaw shares drone cleaning video, asks startups: 'Where's your innovation?'Kiran Mazumdar-Shaw, Biocon founder, sparked debate by questioning startup innovation. She shared a video of a drone cleaning windows in Be...
- Geopolitical shifts to boost indigenous tech, five-fold jump in job creation in defence sector: SurveyIndia's defence sector is set for major growth. Indigenous technology adoption will surge, reaching USD 36.45 billion in three years. This ...
- AI coding startup Cursor, courted by SpaceX, picks London as European hubElon Musk's SpaceX, which is readying for a closely watched IPO this week, said in April it had secured an option to either acquire code-...
- US Army Apache helicopter crashes near Strait of Hormuz: ReportA U.S. Army Apache helicopter gunship crashed near the Strait of Hormuz on Monday, with both crew members safely rescued. The cause of the ...
- US forces shoot down two Iranian attack drones in Strait of Hormuz amid fresh escalationUnited States forces have intercepted and destroyed two Iranian drones. These drones posed a threat to commercial shipping in the Strait of...
- Ukraine fires wave of drones at RussiaUkraine launched a massive drone attack on Russia early Saturday. The strikes targeted Saint Petersburg, hitting an oil depot and a naval b...
- Russia plans to launch its smaller version of Starlink next yearRussia is developing its own satellite broadband system. This new service aims to rival Elon Musk's Starlink. The company Iks Holding is le...
- Silicon Valley’s South Park Commons ramps up India deeptech pushSouth Park Commons is increasing its focus on India's deeptech sector, shifting investments beyond traditional software to areas like semic...
- Defence ministry doubles financial powers of field commandersDefence ministry has doubled financial powers for field commanders. This move aims for faster procurement and efficient operations. Army co...
- AI video startup TrueFan raises $10 million led by Baring PE, Z3PartnersGurugram's TrueFan AI secured $10 million, valuing it at $40 million, to fuel its AI-generated video platform. Serving over 100 enterprises...
- Remember GoPro, the king of action cameras? The once-$11 billion giant is now fighting just to stay aliveGoPro bankruptcy risk: Once an $11 billion market cap giant, GoPro now faces an uncertain future. Its auditor raised "substantial doubt" ab...
- India set for $2-billion drone order in biggest buy, industry body saysIndia is poised to significantly boost its drone capabilities with a potential order exceeding $2 billion from domestic manufacturers this ...
- Russia repels drone attack over Leningrad region as economic forum kicks offRussia intercepted 50 drones over Leningrad region overnight. This comes as President Putin's economic forum, the 'Russian Davos', starts i...
- Japan’s MUFG readies $250 million India fund as investor mix shifts in startup fundingJapan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus on early and growth-stage companies...
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