Adani Enterprises to Buy 50 Percent Shares in Agri Drone Start-up ‘General Aeronautics’
- ByStartupStory | May 28, 2022
Adani Enterprises, an Indian multinational conglomerate has inked a definitive agreement to acquire a 50 percent stake in General Aeronautics Private Limited, which offers commercial drone-based plant protection solutions. The agreement value was not yet disclosed.
Ahmedabad -based, Adani Defence Systems and Technologies Limited will use its military drone and AI/ML capabilities to provide end-to-end solutions for the domestic agriculture sector in collaboration with General Aeronautics.
CEO of Adani Defence & Aerospace Ashish Rajvanshi “The cross-industry application of drones is nearly limitless and continues to make great strides. It offers countries like ours the opportunity to leapfrog generations of infrastructure, healthcare, logistics, agriculture, and defense advancements and break several process barriers. When combined with next-generation imaging technologies, longer battery life, edge-based artificial intelligence, and machine learning capabilities, the possibilities are endless,”
The acquisition fits with Adani Defence’s goals of offering a platform for start-ups and Micro, Small, and Medium Enterprises (MSMEs) for quick growth and scalability of new technology, according to the company.
Founded in 2016, by Abhishek Burman, Kota Hari Narayana, and Anutosh Moitra General Aeronautics is a Bengaluru-based end-to-end Agri platform solution provider which offers robotic drones and drone-based solutions for crop protection, crop health, precision farming, and yield monitoring in the agriculture industry, utilizing artificial intelligence and analytics.
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