Magellanic Cloud JV UAV Facility Premises Ready

Magellanic Cloud Ltd has announced that the premises for its advanced Unmanned Aerial Vehicle (UAV) manufacturing and testing facility are ready. This facility, under the joint venture MCRAY XTEND INDIA PRIVATE LIMITED ("MCRAY"), will support end-to-end manufacturing, assembly, system integration, high-precision testing, and distribution of advanced tactical drone systems powered by XTEND’s proprietary XOS autonomy platform. Magellanic Cloud holds a 60% equity stake in MCRAY, a collaboration with Rayonix Tech and Israel-based XTEND. This development signifies a strategic expansion into the defence and security sector, aligning with 'Make in India' and 'Aatmanirbhar Bharat' initiatives. Commercial operations are planned to commence in phases.