Enord Pvt Ltd said to be India’s first AI on the edge drone tech startup is engaged in the business that specializes in designing and developing AI-based drones and signed an MOU with Vyorius Pvt Ltd provides software services for drones and web tools for remote supervision.
According to an official press release, The memorandum of understanding (MOU) was signed on April 4th, 2023, by Mr Muhammad Anas (Founder & CEO) of Enord and Mr Nishant Singh Rana (Founder & CEO) of Vyorius, marking a significant step forward for the drone industry.
Under the terms of the MOU, Enord and Vyorius collaborate for the strategic development of the Ground Control Station (GCS) and Go-to-Market (GTM) strategies.
Enord and Vyorius will collaborate on various projects for technical input, advice and collaboration on specific projects. Vyorius will also assist Enord in connecting with their existing clients as and when required.
Additionally, both companies will share information on events and activities that may be of common interest.
Enord recently got shortlisted among the Top 10 participants in the ‘Mehar Baba’ Swarm Drone Competition phase-II by the Indian Air Force for Indian start-ups to develop a swarm drone-based system to detect foreign objects on aircraft operating surfaces.
India’s drone market was worth Rs 6,700 crores in FY20 and is predicted to grow 14.5% by 2026, with increased use of autonomous drones in agriculture, defence, power, and telecommunications to enhance productivity and decrease operational expenses.