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 […]
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