By PTI
Mumbai: Drone technology firm Garuda Aerospace on Thursday said it has secured multiple contracts from various government departments in Gujarat, Tamil Nadu and Jharkhand for its AI-powered drone solutions.
The tenders in the mining sector, which come on the back of the company’s engagement with Odisha Mining Corporation Ltd, include various works like annual surveys, creating digital databases for mine closure planning and preparing survey maps, among others, Garuda Aerospace said.
Besides securing contracts from Gujarat Mineral Development Corporation Limited (GMDC) and the Central Mine Planning & Design Institute (CMPDI), Garuda Aerospace has also won tenders from Tamil Nadu’s Department of Geology and Mining (DGM) and Greater Chennai Corporation (GCC), it added.
In addition to this, it has also secured tenders from Jharkhand Exploration and Mining Corporation Limited (JEMCL). These agreements cover drone-based survey and monitoring of mine leases nationwide, the firm said.
As part of these agreements, the company will provide annual surveys for detailed imagery and elevation models, quarterly updates on mine conditions (face, roads, slopes, dumps), and comprehensive data processing.
The company will also create digital databases for mine closure planning and prepare survey maps, covering both existing and new lease areas for clients like the DGM of Tamil Nadu and GMDC.
“These recent contract wins are a testament to the advanced capabilities of our drones. This represents a significant boost to our revenue stream, propelling our multi-million dollar growth.
“More than just financial milestones, these contracts powerfully affirm the immense trust placed in our Drone-as-a-Service (DaaS) model by both government and private entities,” Garuda Aerospace founder and CEO Agnishwar Jayaprakash said.
Garuda Aerospace already has six DGCA approvals in place for drone manufacturing and training. This consistent securing of high-value contracts and tenders signifies the increasing adoption of the company’s Drone-as-a-Service (DaaS) model, which offers clients a flexible, scalable, and cost-effective solution for high-precision drone-based services, the company said.