Garuda Aerospace to set up drone factory in Malaysia
Chennai-based drone startup Garuda Aerospace Pvt Ltd on June 22 announced that it has teamed up with Malaysia-based HiiLSE Global Sdn Bhd (HiiLSE Drones) to set up a 2.42 hectares drone factory in Malaysia with an investment of Rs 115 crore.
Speaking with The Indian Express, Agnishwar Jayaprakash, founder and CEO of Garuda Aerospace, said that the true potential of drone technology is yet to be tapped. “We are still only looking at the tip of the iceberg when it comes to drone applications and Garuda Aerospace was founded with a vision of disrupting multi-billion dollar business sectors using drone tech,” he said.
The startup recently deployed white knight delivery drones in Assam to support the state disaster management department’s rescue efforts amid the ongoing floods, Jayaprakash said.
