The freshly raised capital will be deployed to enhance Vayudh's R&D capabilities, scale its manufacturing infrastructure, and accelerate deployment of drone systems across India's defence forces.
The newly raised capital will help Aereo further solidify its position as a leader in commercial drone solutions, focusing on expanding its presence in international markets.
The capital raised will primarily be used to launch the company's first satellite, known as the "Drishti Mission," and to advance their multi-sensor payload technology.
The Bengaluru-based company provides business intelligence solutions for managing large capital assets using proprietary drones and AI-powered analytics, serving high-tech, aerospace, maritime, and defense sectors.