Axiscades and Drone Volt in MoU

Axiscades and Drone Volt announced signing of a Memorandum of Understanding ( MoU) to jointly address the growing market for drones in the Indian defence and aerospace sector. Under the MOU, both companies will evaluate opportunities for drones to address the requirements for the aerial surveillance, including disaster management and hazardous site security.

Axiscades is a licensed defence manufacturer and a preferred Indian Offset Partner ( IOP) for high- end strategic technologies for aerospace and defence solutions. This partnership will help Axiscades increase its contribution in the ‘Make in India’ initiative and become an integral part of OEM’s global supply chain delivering drone solutions. French-based, Drone Volt, listed in AlterNext (Euronext Paris), has more than five years of expertise in developing drones, providing a full range of solutions worldwide.