Company of Ex-IITians make deal of Drones with Indian Army Worth ₹ 130 Crore – Indian Army inks Rs 130 crore deal for drones with IIT alumni company

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new Delhi:

Three alumni of the Indian Institute of Technology Bombay (IIT-Bombay) and a company formed by the country’s top engineering institute have signed a Rs 130 crore deal with the Indian Army to manufacture drones. The company, called ideaForge Technology, was formed in the year 2007 by Ankit Mehta, Rahul Singh and Ashish Bhatt in Bombay IIT’s incubator SINE.

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6o369eeoideaForge Technology Company was formed by three students of IIT Bombay, Ankit, Rahul and Ashish

IIT Bombay wrote on its official Facebook page, ‘SINE and Ankit, our congratulations to Rahul and Ashish. It is indeed laudable that he has been selected for this Alumni Achiever Award last year. On its website, the company wrote in a statement that it will provide unmanned aerial vehicles of ideaForge’s Switch UAV to the Indian Army. This idea was given to ideaForge because of its ability to meet all operational requirements.

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Significantly, the Switch UAV is a fixed wing VTOL (vertical takeoff and landing) craft that can be monitored day-night and deployed in harsh environments. The company said that it is man-portable and can monitor the target for longer than any other UAV in its category.

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