Top News
|Starmer resigns as UK Prime Minister amid mounting Labour Party pressure | US, Iran War Ends with a Binding Commitment from Iran to Never Produce Nuclear Weapons | Oil Starts Flowing Freely Through Strait of Hormuz | US and Iran both Allow Movement of Oil Tanker’s | ONGC to Invest $1.5 billion to Boost India’s Oil Storage by 33 % | Qatar Amir-gifted Boeing 747 is new US Air Force Presidential Jet | Meta and Reliance to set up a huge Global Digital Hub in Jamnagar | Modi, Trump meet warmly again, this time at G7 | Modi showers praise on Trump for his Middle East peace effort | Trump says We always had Tremendous Relationship with India | Trump praises Modi, jovially calling him ‘a killer’ for his negotiating skills at G7 | Modi said Freedom of Navigation in the Strait of Hormuz is A Must | Trump expressed condolences for the Indian sailors killed in US Navy attack in the Gulf | Trump said US and Iran will sign an MoU to end their war on Friday June 19 | All the G7 Leaders supported the Peace Effort | Modi, UAE President Shaikh Mohammed agree to work together on Middle East Peace, Security and Stability | Piyush Goyal discusses expanding partnership with Prince Albert II of Monaco | Eurosatory 2026 opens in Paris with matching 2026 defence exhibitors from 68 countries | Huge display of advanced weapons for precision attacks and defense | UAE’s three Satellites are fully Operational in Low Earth orbit | NASA announces Artemis III Space mission for 2027 with Four Astronauts | It will be a ‘highly complex’ mission to test Rendezvous and Docking capabilities between spacecraft | Three Astronauts are Americans, and one Italian | They include Commander Randy Bresnik, mission Specialists Frank Rubio and Andre Douglas, and Pilot Luca Parmitano of Italy | Vice Admiral Vineet McCarty is Commander in Chief, Andaman and Nicobar Command | Maj Gen Rachel Thomas takes over as Additional Director General, Indian Military Nursing Service | Susan Elias takes over as the first Woman Principal of Delhi’s prestigious St Stephen’s College in its 145 years history | St Stephen’s has produced many of India’s top Civil and Military officers | A Boys college for long, it’s now a coveted Co-ed institution | India Strategic salutes Lt Gen Dhahi Khalfan and Dubai Police for marking 70 Years of Excellence in Public Safety | Dubai is among the Safest Cities on the World | US asks historically neutral Oman to take sides and cut ties with Iran | Moscow’s ties with New Delhi are Strong As Always, says Russian Foreign Minister Sergey Lavrov | India, Australia to sign MoU on deepening defence ties | Nvidia to introduce advanced AI chips for PCs from 2026 | Malaysia bans Social Media accounts for children under 16 | President Trump arrives in China for a high stakes Summit with President Xi Jinping | Trump says the only thing on Iran is ‘They Can’t Have A Nuclear Weapon’ | US F 35 fighter jets from amphibiius assault ship USS Tripoli continue Patrol Operations around Iran | UAE and Saudis hit Iranian oil facilities in retaliation, including the key Lavan refinery | Trump asks Iran to make a deal or be decimated | US will finish the job - of denying Iran nuclear capability - Peacefully or Otherwise | Iran parks it’s Air Force aircraft in Pakistan to escape from US strikes, reports CBS | India slams China’s military support to Pakistan during 2025 Operation Sindoor against Pali terrorists | China gave long range anti-aircraft missiles to Pakistan among other sophisticated weapons | In a global Oil Shock, UAE leaves OPEC, from May 1 | Iran declares Strait of Hormuz open for all | Oil Prices Plunge | IMF warns of Global Recession if Iran War doesn’t end | British economy worst hit with the war, says IMF | Israel and Lebanon hold talks for the first time after 1993 | They focus on removing Iran-supported ‘terrorists like Hezbollah’ | US, Iran likely to hold a second round of Peace Talks | IEA reminds the oil prices do not yet reflect the severity of the global Energy crisis | President Trump, Prime Minister Modi speak for 40 minutes over phone to discuss the Iran War | Modi says Happy to receive call from My Friend Trump and discussed the Importance of Keeping the Hormuz Open and Secure | Ambassador Sergio Gor says US and India ties are On A Strong Footing | US, Iran likely to resume talks | Israeli and Lebanese officials to meet in Washington, Hamas opposes talks | India, France review expanding strategic ties | Iran reiterates No Restrictions on Indian Ships in the Strait of Hormuz |
DEFENCE INDUSTRYTECHNOLOGY

Indian Indigenous Drone Company AKSI Aerospace Group secures Rs. 85 Crore Manufacturing Order from FIXAR Global

Bengaluru, February 10. At Aero India 2025 in Bengaluru, AKSI Aerospace Group and FIXAR Global have entered into a strategic agreement for licensed drone manufacturing in India, valued at up to Rs. 85 crore ($10 million). This collaboration marks a significant milestone in India’s drone industry, reinforcing the country’s self-reliance in drone manufacturing and strengthening its position as a global hub for drone production.

As part of this agreement, AKSI Aerospace Group will manufacture drones in India for both domestic and global markets, leveraging its expertise in end-to-end indigenous development of drone subsystems—such as navigation systems, propulsion, batteries, airframe composites, and imaging systems. By manufacturing these critical components in-house, AKSI is reducing India’s dependence on foreign imports, while ensuring trust-worthy, secure and high-quality drone production.

FIXAR Global is a leading software and aircraft design developer, powering commercial autonomous drones for industrial applications. FIXAR has a global footprint spanning North America, Europe, the Middle East, and Africa, offering world-class drone solutions through an extensive network of distribution partners.

By collaborating with AKSI Aerospace Group, FIXAR aims to scale its manufacturing operations in India for global markets, leveraging AKSI’s state-of-the-art production, quality control, training, and maintenance capabilities. This move aligns with FIXAR’s vision of expanding its advanced drone technology into high-growth markets while reinforcing India’s position in global drone manufacturing.

Vasily Fainveits Lukashov, Founder and CEO, FIXAR Global, commented on the partnership: “We are thrilled to partner with AKSI Aerospace Group and support the expansion of India’s Indigenous drone manufacturing ecosystem. As drones become essential across industries, the need for reliable, locally manufactured UAVs has never been greater. At FIXAR Global, we are committed to bringing our technologies to the Indian market with the vision of being the ‘Apple’ of the drone industry. In this journey, AKSI Aerospace Group is set to become akin to our ‘Foxconn,’ enabling us to scale production and drive the growth of indigenous drone manufacturing in India for export.”

“We are not only focusing on the Indian market but also adopting a global strategy where FIXAR leads as a strong research and development partner, and AKSI becomes a centre for excellence in production, quality control, training, and maintenance for Asia and other markets. Our $10 million collaboration with AKSI reflects our confidence in their engineering expertise and commitment to end-to-end indigenous development. This partnership aligns with our vision of working with manufacturers who prioritize innovation, security, and self-reliance in drone technology.”

Pankaj Akula, Group MD, AKSI Aerospace Group, highlighted the significance of the collaboration: “At AKSI Aerospace Group, our mission is to make India self-reliant in drone manufacturing by developing critical drone subsystems in-house, including navigation systems, batteries, propulsion, composites, and cameras. Each of our group companies is dedicated to the indigenous design, development, and production of these key components, reducing reliance on foreign imports and creating a holistic indigenous drone ecosystem.”

“FIXAR Global’s trust in our capabilities is a testament to India’s transition from ‘Make in India’ to ‘Made in India’ in the drone sector. By focusing on domestic manufacturing, we are not just building drones—we are contributing to India’s growth in aerospace innovation and strengthening its position in the global drone industry.”

This partnership between AKSI Aerospace Group and FIXAR Global is expected to accelerate India’s leadership in drone manufacturing, reduce dependency on foreign components, and enhance the country’s role in the global drone supply chain.

Related Articles

Back to top button