Hyderabad Firm Unveils Game Changing Agricultural and Logistics Drones

Recently a Hyderabad- based company known as Magellanic Cloud has introduced agricultural and logistics drones with different capacities and ranges. A robust design with additional features in their drone provides effective benefits, claims Magellanic Cloud.

Known for its best human capital services, IT solutions, excellent quality drone manufacturing, and e- surveillance, this company provides drones with autonomous features. They provide a wide range of products including agri-spraying drones, logistics drones, and custom-based drones too. Magellanic Cloud’s agricultural logistics can cover a range of 5 km to 60 km and can even carry cargo payloads weighing from 2 kg to 100 kg.

Sudheer Reddy Thumma, Chief Executive Officer (CEO) of Magellanic Cloud told that “With our recent acquisitions, we have solidified our leadership in the realms of video-based e-surveillance and drone sectors, offering groundbreaking technology that seamlessly integrates advanced drone capabilities with AI/ML algorithms.”

In addition, he also told that “Our company is targeting to increase their reach. Our expertise in e- surveillance can provide various benefits combined with delivery services which will allow us to link with agriculture, pharma, several e-commerce platforms, real estate, and defense platforms.” He also told that they have put in their complete efforts and finished Stage 2 testing of drones for carrying heavy-duty logistics which can function well in defense.

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In a momentous declaration during their annual results announcement on Wednesday, the company's executives proudly proclaimed a remarkable surge in consolidated revenue, skyrocketing by an astounding 37.2 % to an impressive Rs 387.5 crore, surpassing the previous fiscal year's mark of Rs 282.7 crores. Even more astonishing was the profit surge, soaring to extraordinary heights with a staggering increase of 151.6 %, reaching an awe-inspiring Rs 74.1 crore in FY23 compared to the already remarkable figure of Rs 29.4 crore in FY22.

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Sanjay Chauhan, Chief Financial Officer told that they expect rapid growth in the drone segment in the upcoming future. Proper implementation of government initiatives including the National Logistics Policy (NLP) and Kisan Drone Shakti will help to carry these operations further.

- New Indian Express

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