Defexpo 2018: Cyient, BlueBird Aero Systems sign JV to offer UAV systems to India
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Cyient and BlueBird Aero Systems sign joint venture (JV) to offer UAV systems to Indian Defence & Industry during the DefExpo India 2018, an international land, naval, and internal homeland security systems exhibition.
IDR News Network reported that Cyient, a provider of engineering design, manufacturing, geospatial, networks, and operations management services to global industry leaders and Israel-based BlueBird Aero Systems, a leader in design, development, and production of micro, mini, and small tactical Unmanned Aerial Systems (UAS) today announced they have entered into a joint venture to offer field-proven UAV systems to Indian defence, paramilitary, security, and police forces.The joint venture, named Cyient Solutions & Systems Private Limited, has 51% and 49% shareholding by Cyient and BlueBird respectively.
Cyient and BlueBird signed the JV agreement today at DefExpo 2018. In attendance were stakeholders from both companies and distinguished industry representatives from India and Israel.
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The joint venture’s portfolio includes the SpyLite, ThunderB, and MicroB systems that offer highly-innovative UAS technology designed to fulfill covert, real-time intelligence, and tactical mapping-on-demand missions across open areas or crowded urban environments. Cyient Solutions & Systems recently conducted field trials in India that successfully demonstrated the SpyLite’s outstanding performance in a tactical surveillance role at high altitude and in extreme weather conditions.
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Ronen Nadir, Founder & CEO, BlueBird Aero Systems said, “We are proud to team with Cyient in this joint venture that enables indigenization, manufacturing, training, and support of our advanced, field-proven UAV systems in India. Bluebird is pleased to transfer to Cyient Solutions & Systems its latest, innovative technology and know-how to further enhance what we see as a long-term partnership with Cyient for the benefit of the Indian UAV market.”
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