Defence Minister Rajnath Singh has approved the enhancement of funding under the Technology Development Fund (TDF) scheme to 50 crore rupees per project from 10 crore rupees.
Chennai-based drone startup Garuda Aerospace Pvt Ltd on June 22 announced that it has teamed up with Malaysia-based HiiLSE Global Sdn Bhd (HiiLSE Drones) to set up a 2.42 hectares drone factory in Malaysia with an investment of Rs 115 crore.
Datair Technology Private Limited a Bengaluru based private firm, has joined the PACE mission of NASA, the space agency of the USA as an early adopter.
EXAMIANS