City-based drone maker ideaForge Technology Ltd has been awarded a contract worth Rs 100 crore by the Indian Army for its next-generation tactical unmanned vehicle, Zolt, and all-terrain VTOL drone, SWITCH 2.
The capital emergency procurement order for its Zolt is valued at around Rs 75 crore, following an extensive and rigorous evaluation process — extensive field trials in electronic warfare (EW) environments and stringent country-of-origin checks — while the SWITCH2 order is valued at Rs 30 crore.
"This order underscores our commitment to delivering best-in-class systems to our soldiers and creating long-term value for our shareholders while actively shaping the future of this technology and driving adoption," Ankit Mehta, Co-founder and CEO, ideaForge Technology Ltd, said.
Both the above-mentioned UAVs were launched by the company at the Aero India show in Bengaluru earlier this year.
Zolt is a multi-role platform capable of long-range ISR (intelligence, surveillance, and reconnaissance) and precision payload delivery, and is purpose-built for present-day defence operations, combining performance, autonomy, and resilience for ISR, while SWITCH 2 is already battle tested and inducted into the Indian Army's arsenal for ISR operations.
Zolt is designed to perform in high-threat, high-altitude, and signal-contested environments. It delivers robust electronic counter-countermeasures capabilities, including GNSS denied autonomy and resilience to communication jamming.
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