Magellanic Cloud forms $11M UAV JV with Rayonix Tech & XTEND

Magellanic Cloud Ltd has announced a strategic joint venture (JV) valued at approximately US$11 million (₹100 crore) to manufacture advanced Unmanned Aerial Vehicle (UAV) systems in India. The JV is formed with India-based defence technology company Rayonix Tech and Israel-based AI-powered robotics firm XTEND. This initiative aims to establish end-to-end manufacturing, testing, and distribution capabilities in India, catering to the surveillance, reconnaissance, and mission-critical needs of the armed forces and security agencies. XTEND's XOS operating system will power these UAVs, enabling human-guided autonomy and AI-driven navigation. Magellanic Cloud will serve as XTEND's exclusive manufacturing and distribution partner in India for selected platforms, including tactical drones like SCORPIO and WOLVERINE. This partnership strengthens Magellanic Cloud's position in drone technologies and AI-led surveillance, aligning with India's "Make in India" defence vision.