Adani Ent to acquire 50% stake in General Aeronautics

Adani Ent to acquire 50% stake in General Aeronautics
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Synopsis

Adani Defence Systems and Technologies, a wholly-owned subsidiary of Adani Enterprises on Friday signed a definitive agreement to acquire a 50% stake in Bengaluru-based commercial drone maker General Aeronautics.

Agencies
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Adani Defence Systems and Technologies, a wholly-owned subsidiary of on Friday signed a definitive agreement to acquire a 50% stake in Bengaluru-based commercial drone maker General Aeronautics for cash consideration.

The company will be leveraging its military drone and AI/ML capabilities and work with General Aeronautics to provide solutions for the domestic agricultural sector.

General Aeronautics is an agri solution provider that provides robotic drones and drone-based solutions for crop protection services, crop health, precision- farming and yield monitoring using artificial intelligence and analytics for the agricultural sector. It was incorporated in 2016.

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