BlueBird Aero, Cyient in JV for UAVs

Cyient Chief Executive Officer and Managing Director, Krishna Bodanapu and BlueBird Aero Systems Founder-CEO, Ronen Nadir, signed the agreement at the ongoing DefExpo, organised by the Defence ministry at Thiruvidanthai. 

As per the agreement, a joint venture company named – Cyient Solutions and Systems Pvt Ltd has been floated in which Cyient would hold 51 per cent stake while the remaining 49 per cent with Israel-based BlueBird Aero Systems. 

“...The joint venture would offer field-proven UAV systems to Indian defence, paramilitary, security forces,” Cyient, Engineering design, manufacturing, geospatial and networks provider, said. Cyient would manufacture, assemble, integrate and test advanced UAV systems at its facility in Hyderabad by leveraging the technology know-how of BlueBird Aero Systems. 

“I am excited about the joint venture with BlueBird Aero Systems that combines our design and manufacturing expertise to bring the best of UAV technology solutions,” Bodanapu said.