Got to speak to a close friend who works in developing anti drone solutions. He had met Zen guys in an army cantonment in the North for a demo. His feedback – Zen and aidintech are importing all the hardware for the drones and only assembling them in India which is what the CEO of Zen also corroborated. He also said that the firmware which goes on these is also imported from Bulgaria/Malaysia and these companies have people who just fiddle with it and do small changes here and there. In essence, these are just assemblers and don’t have any in house IP as such. But in the absence of anyone else in India, they are winning the contracts. It’s more to do with no other options available than anything else as of now. Track 1 from Indian govt allows you to assemble in India and sell it to the Defence. This also explains the lack of core tech talent in these companies.
Disc – Not invested and tracking
| Subscribe To Our Free Newsletter |
