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Magellanic Cloud forms Rs 100-crore JV with Rayonix Tech, Israel's Xtend to make drones in India
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Magellanic Cloud forms Rs 100-crore JV with Rayonix Tech, Israel's Xtend to make drones in India

Home/India Tech/Magellanic Cloud forms Rs 100-crore JV with Rayonix Tech, Israel's Xtend to make drones in India

Indian firms Magellanic Cloud and Rayonix Tech are partnering to build drones in India. This joint venture, valued at Rs 100 crore, will collaborate with Israel's Xtend. The initiative aims to meet India's increasing demand for advanced unmanned aerial vehicles. Drone sets are expected to be ready w

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๐Ÿ“… Apr 28, 2026ยทโฑ 1 min readยทET Tech โ†—
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https://economictimes.indiatimes.com/tech/startups/magellanic-cloud-forms-rs-100-crore-jv-with-rayonix-tech-israels-xtend-to-make-drones-in-india/articleshow/130583795.cms
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