Magellanic Cloud Limited Announces Massive $11 Million UAV Joint Venture to Advance India’s Make in India Defence Vision

Mumbai (Maharashtra) [India], April 29: Magellanic Cloud Limited (NSE: MCLOUD | BSE: 538891 | INE613C01026), a technology-driven enterprise focused on emerging and high-growth sectors, today announced the formation of a strategic joint...

Harshita Choudhary
Harshita Choudhary Verified Public Figure • 30 Mar, 2026 Chief Editor
Apr 29, 2026 • 5:30 PM  0
B
Business
NEWS CARD
Logo
Magellanic Cloud Limited Announces Massive $11 Million UAV Joint Venture to Advance India’s Make in India Defence Vision
“Magellanic Cloud Limited Announces Massive $11 Million UAV Joint Venture to Advance India’s Make in India Defence Vision”
Favicon
Read more on spotlight.aiadda.in
29 Apr 2026
https://spotlight.aiadda.in/magellanic-cloud-limited-announces-massive-11-million-uav-joint-venture-to-advance-indias-make-in-india-defence-vision
Copied
Magellanic Cloud Limited Announces Massive $11 Million UAV Joint Venture to Advance India’s Make in India Defence Vision

Mumbai (Maharashtra) [India], April 29: Magellanic Cloud Limited (NSE: MCLOUD | BSE: 538891 | INE613C01026), a technology-driven enterprise focused on emerging and high-growth sectors, today announced the formation of a strategic joint venture (JV) to manufacture advanced Unmanned Aerial Vehicle (UAV) systems in India.

The Company has entered into the JV with Rayonix Tech, an India-based defence technology company, in partnership with XTEND, an Israel-based AI-powered robotics, UAV, and software systems company. This development marks a significant step in Magellanic Cloud’s expansion within the fast-growing defence and security technology sector.

rss_feed Disclaimer
Story published through syndicated feed.
favorite Follow us for the latest updates:

Harshita Choudhary Verified Public Figure • 30 Mar, 2026 Chief Editor

Editor

Digital Archives

Follow Us

Recommended Posts

home Home amp_stories Web Stories local_fire_department Trending play_circle Videos mark_email_unread Newsletter