Drone Destination stock gains as it partners with Marvel Geospatial for drone services

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Drone Destination and Marvel Geospatial join hands to offer drone services in India

Drone Destination Limited, India’s largest drone training organization and a leading drone-as-a-service company, has signed a memorandum of understanding (MoU) with Marvel Geospatial Solutions Private Limited, a geospatial and engineering consultancy company, to undertake drone service projects across various sectors in India.

What is Drone Destination Limited?

Drone Destination Limited is a DGCA-authorized remote pilot training organization that has developed an integrated drone ecosystem built around drone manufacturing, certified training, services, and rent a drone. The company is headquartered in New Delhi and is backed by a well-experienced team of aviation and drone experts with a total experience of over 350 years.

Drone Destination operates the largest network of DGCA-certified drone pilot training programs along with its training partners, and has recently crossed a key landmark by becoming the first flying organization in the country to train 1,000 drone pilots. The company also offers cutting-edge aerial solutions for surveying, mapping, and surveillance to its esteemed clients such as Reliance, Tata, Airbus, ITC, Aditya Birla Group, and Bayer.

Drone Destination currently operates eight “Drone Hubs” at Gurugram, Dharamshala, Chandigarh, Gwalior, Ahmedabad, Bangalore, Coimbatore and Madurai and plans to open 150 Drone Hubs over the next three years. These drone hubs offer drones on rent along with certified pilots, drone enterprise solutions, repair and maintenance support and specialized training.

What is Marvel Geospatial Solutions Private Limited?

Marvel Geospatial Solutions Private Limited is a geospatial and engineering consultancy company that provides end-to-end solutions for spatial data acquisition, processing, analysis, and visualization. The company is headquartered in Hyderabad and has offices in Delhi NCR, Mumbai, Bangalore, Chennai, Kolkata, Pune and Ahmedabad.

Marvel Geospatial offers services such as GIS mapping and analysis, remote sensing and image processing, LiDAR data processing and analysis, photogrammetry and 3D modeling, web GIS and geoportal development, geospatial application development, geospatial data management and integration. The company caters to various sectors such as urban planning and development, infrastructure and utilities, natural resources and environment, agriculture and forestry, mining and exploration.

What is the MoU between Drone Destination and Marvel Geospatial?

The MoU between Drone Destination and Marvel Geospatial is aimed at leveraging the synergies of both the companies to offer drone services in India. Under the agreement, Drone Destination will provide its fleet of drones along with trained pilots to Marvel Geospatial for executing various GIS projects across the country. Marvel Geospatial will provide its expertise in geospatial data processing and analysis to Drone Destination for delivering high-quality outputs to the clients.

The MoU will enable both the companies to expand their market presence and customer base in the fast-growing drone industry in India. The MoU will also facilitate knowledge sharing and capacity building between the two companies.

What are the benefits of the MoU for both the companies?

The MoU will benefit both the companies in several ways:

  • It will help them to offer a comprehensive range of drone services to their existing and potential clients across various sectors.
  • It will help them to reduce their operational costs and increase their efficiency by utilizing each other’s resources and capabilities.
  • It will help them to enhance their competitive edge by offering innovative solutions that meet the evolving needs of the market.
  • It will help them to create employment opportunities for skilled drone pilots and geospatial professionals in India.
  • It will help them to contribute to the ‘Make-in-India’ initiative by promoting local manufacturing and service delivery of drones.

Conclusion

Drone Destination Limited and Marvel Geospatial Solutions Private Limited have signed an MoU to undertake drone service projects across various sectors in India. The MoU will enable both the companies to leverage their strengths and offer a complete range of drone services to their clients. The MoU will also benefit both the companies in terms of cost reduction, efficiency improvement, market expansion, innovation enhancement, employment generation, and ‘Make-in-India’ promotion.

Drone Destination, Marvel Geospatial, MoU, Drone Services, Geospatial Solutions, Partnership, Stock Market, Investor Confidence, Growth Prospects, Drone Industry, GIS Projects, Synergy, Make-in-India, Employment Generation, Innovation


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