Primex News International

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Future of shoes has arrived, Drifbolt has launched India’s first 3d Printed Shoes

    November 12, 2026

    Magellanic Cloud Announces Readiness of UAV Facility Premises (Counter-Drone) Under Joint Venture; Phased Operational Rollout Planned

    November 12, 2026

    Rajesh Power Delivers Robust H1 FY27 Performance: Revenue Soars 46%, PAT Surges 35%; Aggregate Order Book Of ~Rs 4,000 Crore Ensures Strong Visibility

    November 12, 2026
    Facebook Twitter Instagram
    Primex News International
    • Home
    Facebook Twitter Instagram
    Primex News International
    Home»Finance»Magellanic Cloud Announces Readiness of UAV Facility Premises (Counter-Drone) Under Joint Venture; Phased Operational Rollout Planned
    Finance

    Magellanic Cloud Announces Readiness of UAV Facility Premises (Counter-Drone) Under Joint Venture; Phased Operational Rollout Planned

    Mohit ReddyBy Mohit ReddyNovember 12, 2026No Comments4 Mins Read
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Telegram Email

    Pioneering Defence Innovation with Rayonix Tech and XTEND to Deliver Next-Generation Autonomous Tactical Drones for Indian Armed Forces and Security Agencies

    Hyderabad (Telangana) [India], November 12: Magellanic Cloud Limited (NSE: MCLOUD | BSE: 538891) announced that the premises for its advanced Unmanned Aerial Vehicle (UAV) manufacturing and testing facility under its joint venture, MCRAY XTEND INDIA PRIVATE LIMITED (“MCRAY”), are ready, with the deployment of production and testing capabilities and the commencement of commercial operations planned in phases. The facility forms part of the joint venture announced in April 2026 with Rayonix Tech, in collaboration with Israel-based XTEND. The facility is designed to support the phased rollout of manufacturing, assembly, system integration, testing, and distribution of tactical drone systems powered by XTEND’s proprietary XOS autonomy platform.

    Key Highlights:

    Joint Venture – Facility Premises Ready: The physical premises are ready to support the planned phased deployment of manufacturing, calibration, system integration, and flight-testing capabilities under one roof.

    Phased Rollout of Operational Capabilities: Production and testing capabilities will be deployed in phases, with commercial operations planned to commence progressively in alignment with Indian defence and security requirements.

    60% Equity Stake in Joint Venture: Magellanic Cloud holds a 60% equity stake in MCRAY.

    Powered by XTEND’s XOS Platform: MCRAY is positioned as the exclusive manufacturing and distribution partner in India for select platforms running on XTEND’s proprietary XOS operating system, delivering AI-assisted human-guided autonomy, autonomous navigation, and unified multi-domain robotic control.

    Planned Tactical Drone Portfolio: The facility is structured to support the assembly and rollout of tactical platforms, including:

    • Wolverine: AI-assisted tactical and combat operations.
    • Scorpio 500 & Scorpio 1000: Precision strike capabilities and extended-range reconnaissance.
    • XTENDER: Micro-ISR indoor and outdoor surveillance in GPS-denied environments.
    • Honey Badger: Rugged operations in harsh, mission-critical environments.

    Supporting Make in India Defence Modernisation: The project aligns with Aatmanirbhar Bharat objectives and positions the Company to participate in government defence initiatives.

    Strategic Outlook & Operational Focus

    Addressing Defence & Security Requirements: The facility aims to cater to evolving procurement requirements across Indian defence and security agencies following operational commencement.

    Integrated Lifecycle & Support Model: The proposed business model combines tactical platform sales with potential software licensing, localised maintenance, repair & overhaul (MRO), and lifecycle support services.

    Cross-Ecosystem Synergies: The planned UAV platforms and autonomous software architecture may complement Magellanic Cloud’s existing AI surveillance ecosystem (iVIS) and drone capabilities (Scandron).

    Global Export Potential: The collaboration may support future export opportunities, subject to applicable approvals, regulatory requirements, and market conditions.

    Commenting on development, Mr. Joseph Sudheer Reddy Thumma, Chairman & Managing Director, Magellanic Cloud Limited, said: “The readiness of the premises for our UAV facility under the previously announced joint venture is an important step in strengthening our defence technology capabilities. Through MCRAY and our collaboration with Rayonix Tech and XTEND, we intend to develop local capabilities for advanced autonomous systems and pursue opportunities to serve India’s evolving defence and security requirements.”

    About XTEND

    XTEND is an Israel-based defence and robotics company specialising in AI-powered UAVs and autonomous software systems. Its proprietary XOS operating system supports AI-driven navigation and human-guided robotic operations.

    About Magellanic Cloud Limited

    Magellanic Cloud Limited (NSE: MCLOUD | BSE: 538891), headquartered in Hyderabad, India, is a global technology company specialising in digital transformation, Generative Artificial Intelligence (AI), cloud computing, e-surveillance, and drone technologies. The company delivers solutions across smart infrastructure, defence, fintech, and enterprise IT, serving over 100 clients across the USA, Europe, and Asia.

    With a strong ecosystem of subsidiaries and joint ventures—Motivity Labs, Provigil Surveillance Limited, IVIS International, Scandron, MCRAY XTEND India, and JNIT Technologies—Magellanic Cloud offers integrated capabilities across IT services and AI-driven surveillance systems. Its solutions are deployed in critical infrastructure projects, including railways, highways, BFSI, PSUs, and urban security systems.

    The company is backed by a team of over 1,600 professionals and has achieved CMMI Maturity Level 3 certification.

    Disclaimer: Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

    Finance
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Mohit Reddy
    • Website

    Related Posts

    Intense Technologies Announces H1 FY27 Results; Expands Client Portfolio and Strengthens BFSI Presence

    November 12, 2026

    Orient Green Power clocks Rs 106 Cr H1 FY27 Net Profit with an industry-leading 76% EBITDA margin

    November 12, 2026

    Aayush Wellness shares rise nearly 7% after robust financial results

    November 12, 2026

    Classic Electrodes (India) Limited Reports H1 FY27 Results; Total Income Up 18% YoY

    November 11, 2026

    Sumax Engineering Limited Reports Strong H1 FY27 Results; Net Profit Up 60% YoY

    November 11, 2026

    Capital India Finance Reports Strong H1 FY27 Growth; Disbursements Rise 39%, AUM Grows 25% and Interest Income Increases 47%

    November 7, 2026

    Comments are closed.

    Top Reviews
    Editors Picks

    Future of shoes has arrived, Drifbolt has launched India’s first 3d Printed Shoes

    November 12, 2026

    Magellanic Cloud Announces Readiness of UAV Facility Premises (Counter-Drone) Under Joint Venture; Phased Operational Rollout Planned

    November 12, 2026

    Rajesh Power Delivers Robust H1 FY27 Performance: Revenue Soars 46%, PAT Surges 35%; Aggregate Order Book Of ~Rs 4,000 Crore Ensures Strong Visibility

    November 12, 2026

    Intense Technologies Announces H1 FY27 Results; Expands Client Portfolio and Strengthens BFSI Presence

    November 12, 2026
    About Us
    About Us
    Our Picks

    Future of shoes has arrived, Drifbolt has launched India’s first 3d Printed Shoes

    November 12, 2026

    Magellanic Cloud Announces Readiness of UAV Facility Premises (Counter-Drone) Under Joint Venture; Phased Operational Rollout Planned

    November 12, 2026

    Rajesh Power Delivers Robust H1 FY27 Performance: Revenue Soars 46%, PAT Surges 35%; Aggregate Order Book Of ~Rs 4,000 Crore Ensures Strong Visibility

    November 12, 2026
    Top Reviews
    © 2026 Primex News International. Designed by Primex Media Services.
    • Home

    Type above and press Enter to search. Press Esc to cancel.