Magellanic Cloud secures a significant logistics drone order, venturing into the thriving Indian market.
Magellanic Cloud, represented by its subsidiary Scandron, has clinched a notable logistics drone contract worth ₹43 crore from an Indian robotics firm. This move marks the conglomerate’s strategic entry into the burgeoning logistics sector.
The contract entails the acquisition of 45 CargoMax series drone kits, comprising state-of-the-art components such as Ready-to-Fly (RTF) Quadrotor Airframe and Flight Controllers. These kits, manufactured at Magellanic Cloud’s advanced facility in Bangalore, aim to revolutionise logistics operations.
With Scandron being the first entity approved by the Directorate General of Civil Aviation (DGCA) for logistics drone operations in India, Magellanic Cloud targets a 5 percent market share of the USD 6 billion last-mile delivery market. Leveraging a combination of B2B and B2C models, the company aims to pioneer eco-friendly and efficient drone delivery services in the evolving Indian e-commerce landscape.
