Magellanic Cloud Ltd

🇮🇳 Magellanic Cloud Partners with Rayonix for Defence UAVs – Up to ₹150 Crore Investment

• Magellanic Cloud Limited signed a Strategic Investment and Collaboration Agreement with Rayonix Tech Private Limited on April 25, 2026.

• Partnership aims to develop and supply warfare-grade UAVs and drones for India’s national security needs.

• Total agreement size is up to INR 150 Crore, covering capital and operational expenditures.

• Focus on local manufacturing, deployment, and scaling of next-generation UAV solutions.

• Supports India’s Atmanirbhar Bharat initiative for self-reliance in defence.

• Aims to enhance indigenous defence manufacturing and provide access to advanced drone technologies for tactical operations, surveillance, and reconnaissance.