DroneAcharya Partners With American Blast Systems Inc
Tie-up opens a huge overseas market across three continents for India’s drone hardware and services
DroneAcharya Aerial Innovations expanded its global presence by signing a memorandum of understanding (MoU) with American Blast Systems (ABS) Inc. to bring cutting-edge drone solutions to the American, European, and UK markets. This partnership aims to introduce 'Made in India' drone technology into the American market while ABS produces these drones locally in the United States to accelerate sales.
The collaboration marks a significant milestone in DroneAcharya’s mission to provide Enterprise, Industrial, and Defence drone solutions across key regions, including North and South America and Europe. The MoU was signed on 2 October 2024, by Prateek Srivastava, Founder and Managing Director, DroneAcharya, and Donald Culver, Chairman, ABS.
The partnership comes at a time when the U.S. commercial drone market is experiencing unprecedented growth. The market, valued at USD 6.39 billion in 2024, is projected to reach USD 14.11 billion by 2033, growing at a compound annual growth rate (CAGR) of 9.2 per cent. With 77 per cent of the market share held by the commercial segment in 2023, there is ample opportunity for DroneAcharya and ABS to capture a significant portion of this rapidly growing market.
Additionally, the Public Safety Drone Market, valued at USD 1.1 billion in 2023, is projected to grow to USD 2.0 billion by 2028, with a CAGR of 13.0 per cent. This opens up new opportunities for the development of defence-grade drones and Anti-Drone solutions tailored for law enforcement, military, and security applications.
DroneAcharya and ABS will offer a diverse range of drone solutions, including hardware, software, and services for sectors such as defence, law & order, agriculture, logistics, retail, and various industries. The drones will be co-designed, co-developed, and manufactured in Los Angeles, certified by local authorities, and branded as Made in America. These drones will feature innovative capabilities, enabling superior performance for border security, surveillance, counterinsurgency, and logistics.
Prateek Srivastava, Founder & Managing Director of DroneAcharya, stated, “This partnership will open a large overseas market for DroneAcharya’s drone hardware and services. We see tremendous potential in this collaboration as it positions India at the forefront of the global drone industry. Our goal is to deliver cutting-edge, India-made drone technology that ensures secure data transmission and complete data privacy.”
