India, May 6 -- Paras Defence and Space Technologies Ltd, an Indian defence engineering company specialising in advanced optics, optronic systems and defence solutions, has announced a strategic joint venture with HevenDrones Israel an independent subsidiary of Heven, a US-based company known for its autonomous, hydrogen-powered, mission-specific drones.
The joint venture (JV) will establish a new entity in India to design, manufacture, and supply next-generation drone systems tailored to the requirements of India's defence and homeland security sectors. There are also long-term plans to expand into international markets.
The collaboration combines Paras Defence's manufacturing and engineering capabilities with HevenDrones' proprietary ...
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