SOURCE: UNI
On Tuesday, Hyderabad-based autonomous robotics firm Grene Robotics announced the completion of its acquisition of Apogee C4I LLP’s C4ISRT platform, a defence technology company. In 2021, Grene Robotics introduced its comprehensive drone defence system, Indrajaal, which has the capability to cover up to 4,000 sq km per system.
To further enhance Indrajaal’s capabilities, Grene Robotics acquired deep tech IP, enabling it to strengthen its drone and anti-drone defence programme. Indrajaal defends against various low RCS threats, including medium and high-altitude long endurance UAVs, loitering ammunition, smart bombs, rocket showers, nano and micro drones, swarm drones, and more.
With the global anti-drone market projected to reach $12.6 billion by 2030, Grene Robotics’ Executive Director of Finance and Investments, Vamsi Vellanki, stated that he anticipates the acquisition will significantly increase shareholder value and drive the company’s growth.