UrbanMatrix and Orxa Energies Announce INR 20 Crore Partnership to Revolutionize Global Drone Manufacturing

Dec 19, 2023 - 12:21
Dec 19, 2023 - 12:21
 0
UrbanMatrix and Orxa Energies Announce INR 20 Crore Partnership to Revolutionize Global Drone Manufacturing
UrbanMatrix and Orxa Energies Forge INR 20 Crore Collaboration to Revolutionize Global Drone Manufacturing

Bangalore-based UrbanMatrix, a pioneer in Drone Technology, and Orxa Energies, a distinguished energy systems company specializing in high-performance drone battery packs, have joined forces in a monumental Research and Development (R&D) collaboration. Valued at INR 20 Crores, this strategic alliance is poised to launch an expansive export business, meeting the surging global demand for advanced drone solutions in civil applications.

Orxa Energies, recognized as one of the first battery pack manufacturers in the medium-class drone category to receive type certification in India, brings its expertise to the table. Collaborating with UrbanMatrix, a frontrunner in cutting-edge drone systems, the partnership aims to develop high-power and high-capacity battery packs tailored for civil applications. This landmark agreement highlights the shared commitment of both companies to innovation and excellence in aerial technology, with a specific emphasis on serving the international market.

Rishabh Verma, CEO of Urban Matrix, expressed enthusiasm about the collaboration, stating, "We're thrilled to announce this historic collaboration between Urban Matrix and Orxa Energies! This groundbreaking alliance signifies a significant leap forward in advancing drone technology for global industrial applications. With a shared dedication to innovation and excellence, we are poised to meet the escalating demand for cutting-edge drone solutions on the international stage."

Dr. Prajwal Sabnis, Co-founder of Orxa Energies, echoed the sentiment, stating, "Urban Matrix and Orxa Energies have marked a transformative leap in advancing drone technology for global industrial applications. As a reliable provider of advanced battery packs for the medium to heavy drone category, we intend to remain at the forefront of high power and high-density battery packs for drones."

Established in 2019 by visionary co-founders from IIT Madras, UrbanMatrix Technologies has quickly become India's premier drone technology company. Renowned for its cutting-edge drone systems and proprietary software infrastructure, UrbanMatrix has set industry benchmarks with seamless drone control and management. Notably, it made history as the first Indian drone manufacturer to receive type certification from the Directorate General of Civil Aviation (DGCA) for its 4G-enabled UMT Hawk4G drone. The co-founders, recipients of prestigious awards, including the 'Best Entrepreneur Award' from IIT Madras, and the 'Certificate of Excellence' by the DRDO, have solidified their standing with numerous patents and scholarly contributions.

Orxa Energies continues to lead in the battery pack manufacturing industry, specializing in the design and production of high-performance Li-ion battery packs for drones. With a robust reputation for delivering cutting-edge technology and expertise in both defense and private sectors, Orxa Energies has achieved BIS certification in the medium to heavy drone class in India. The company's portfolio includes multiple proprietary Battery Management Systems (BMS), Thermal Management Systems, and unparalleled design and engineering expertise. Recently launching its flagship product, the Mantis, Orxa Energies aims to contribute to the EV ecosystem.

About Urban Matrix

Founded in 2019, Urban Matrix is a Bangalore-based Drone Technology Company dedicated to providing end-to-end drone solutions. With partnerships across diverse industries, the company possesses a keen understanding of clients' needs, enabling continual enhancement of technology to cater precisely to requirements.

About Orxa Energies

Orxa Energies, a high-performance electric vehicle and energy systems startup based in Bengaluru, India, is at the forefront of EV innovation. Founded in 2015 by Dr. Prajwal Sabnis and Ranjita Ravi, the company aims to electrify all transport rapidly. With fully-electric performance vehicles and performance battery packs, Orxa is on a mission to change perceptions of EVs, targeting future ranges of 500km and 1000km for electric motorcycles.

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