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    Odisha CM Launches ShaktiShree App for Female Students in Higher Education Institutions

    Odisha CM Launches ShaktiShree App for Female Students in Higher Education Institutions

    UP Govt Transfers 38 IAS Officers; IAS Sameer Verma Made Special Secretary, IT & Electronics

    UP Govt Transfers 38 IAS Officers; IAS Sameer Verma Made Special Secretary, IT & Electronics

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    5 State Election Results Tomorrow – From Bengal to Tamil Nadu, Majority Math Across 824 Seats to Shape Power Equations at the Centre

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    Punjab IAS Reshuffle: 6 IAS Transferred, IAS Neelima Made Home Secretary

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    Sikkim Govt Transfers Three IAS Officers; IAS Agawane Rohan Ramesh Made Collector, Gangtok

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    From Tamil Nadu to Top Policy Role: IAS Brajendra Navnit Takes Charge as Additional Secretary in 8th Pay Commission

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    GST Collections Rise to Record Rs 2.43 Lakh Crore in April Amid Global Tensions

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    Odisha CM Launches ShaktiShree App for Female Students in Higher Education Institutions

    Odisha CM Launches ShaktiShree App for Female Students in Higher Education Institutions

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    Ambuja Cements Q4 Cons Net Profit Falls 33.5% to Rs 569 Crore, Declares Rs 2 Dividend

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    Exide Industries Q4 Cons Net Profit Rises 11% to Rs 217 Crore, Declares Rs 2 Dividend

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    Rajasthan Govt Signs MoU to Boost Foreign Language Skills Among Students

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    DMart Operator Avenue Supermarts Q4 Profit Jumps 16.9% to Rs 724 Crore, Revenue Rises 19%

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ideaForge inks an investment deal with NW Engineering

By: APAC Media

by APAC Media
February 2, 2023
in News
Reading Time: 2 mins read
ideaForge inks an investment deal with NW Engineering
Summarize with:

New Delhi: ideaForge, has invested in NW Engineering Private Limited (Nautical Wings Aerospace), a composite propeller manufacturing company based in India. ideaForge serves across defence and civil, dual-use applications, particularly surveillance and mapping. Whether supplying survey grade UAVs for large scale mapping for Survey of India or helping locals during floods, ideaForge drones can serve a myriad of applications such as anti-terror activities, crime control, border security, land survey, mining area planning, etc.

ideaForge UAVs offer a wide range of products for diverse applications. Its drone portfolio currently includes Q4i and Q6 which are small category UAVs, NINJA UAV, and RYNO UAV which is a survey grade micro category drone. Moreover, NETRA V4+ is used for intelligence, surveillance and reconnaissance by homeland security and defence customers and is tested in high-altitude while SWITCH is a VTOL and fixed-wing UAV deployed for surveillance and security purposes.

“Investing in Nautical Wings Aerospace is a key step in ideaForge’s journey”, said Vipul Joshi, CFO of ideaForge. Further, he stated, “The ability to build composites with their own techniques is what made Nautical Wings Aerospace attractive to us.”

Describing this investment from ideaForge, Shiv Varun Singh Rajput, CEO Nautical Wings Aerospace said, “With ideaForge on board, we’re taking our mission to electrify aviation to new heights. Their presence in the UAV industry, in defence and civil end-use products, coupled with our passion for developing electric propulsion systems makes for a powerful partnership. This investment is turbocharging our efforts, and we would like to create an impact in the aerospace industry.”

Summarize with:
Tags: ideaForgeNW Engineering Private Limited
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