SOURCE: IDRW.ORG
In a significant leap for India’s defence and aerospace sector, Paras Defence and Space Technologies Ltd. has announced that India’s first locally-manufactured hydrogen-powered drones are ready for deployment. This milestone follows the company’s strategic joint venture (JV) with Israel’s HevenDrones, a subsidiary of the US-based Heven, known for its expertise in autonomous, hydrogen-powered, mission-specific unmanned aerial vehicles (UAVs). The announcement, made by Munjal Sharad Shah, Managing Director of Paras Defence, underscores India’s growing capabilities in cutting-edge defence technologies and aligns with the ‘Make in India’ initiative.
In a significant leap for India’s defence and aerospace sector, Paras Defence and Space Technologies Ltd. has announced that India’s first locally-manufactured hydrogen-powered drones are ready for deployment. This milestone follows the company’s strategic joint venture (JV) with Israel’s HevenDrones, a subsidiary of the US-based Heven, known for its expertise in autonomous, hydrogen-powered, mission-specific unmanned aerial vehicles (UAVs). The announcement, made by Munjal Sharad Shah, Managing Director of Paras Defence, underscores India’s growing capabilities in cutting-edge defence technologies and aligns with the ‘Make in India’ initiative.
Unlike conventional battery-powered UAVs, hydrogen-powered drones offer significant advantages, including up to five times longer flight endurance and quieter operations, making them ideal for stealth and long-range missions. These drones combine Israeli combat readiness, American aerospace inputs via Heven’s US subsidiary, and Indian manufacturing scale, creating high-impact, reliable platforms ready for immediate deployment.
The JV’s focus extends beyond defence, with plans to develop logistics and cargo drones for civilian applications. This dual-use approach positions the partnership to address both India’s immediate security needs and long-term global market opportunities. Shah highlighted the battlefield validation of HevenDrones’ systems, noting, “What sets Heven’s systems apart is their battlefield validation. These drones have operated under real combat stress in Israel, which matters when you’re protecting human lives.”
The announcement comes on the heels of Paras Defence’s stellar financial performance in Q4 FY25, with net profit soaring 97% year-on-year to ?19.7 crore and revenue rising 36% to ?108.2 crore. The company also inked a separate drone technology deal with Israel’s MicroCon Vision, further solidifying its presence in defence and intelligence, surveillance, and reconnaissance (ISR) technologies. Paras Defence’s stock surged 40.5% in just three days leading up to the Q4 results, reflecting strong market confidence in its growth trajectory.
The timing of the JV is particularly significant, coinciding with heightened India-Pakistan tensions following recent cross-border incidents. While the hydrogen-powered drones are not directly linked to the reported use of Israeli-made Harop drones in Operation Sindoor, the partnership underscores India’s push to bolster its indigenous defence capabilities amid evolving regional security dynamics.
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