Shield AI
November 12, 2024
Shield AI Unicorn News - November 12, 2024
JSW Defence and Shield AI have announced a strategic partnership to indigenize and manufacture the V-BAT Unmanned Aerial System in India. With a $90 million investment, the collaboration aims to establish a local supply chain and advanced manufacturing facility, positioning India as a global hub for Shield AI's production.
() Introduction
() JSW Defence and Shield AI Announce Defence Collaboration
On October 10, 2023, JSW Defence, an Indian defense company, and Shield AI, a U.S.-based defense technology firm, announced a strategic partnership aimed at the indigenization and manufacturing of the 'V-BAT,' a Group 3 Unmanned Aerial System. This collaboration is marked by a significant investment of approximately $90 million from JSW Group over the next two years, with $65 million allocated in the first 12 months. The partnership's primary objectives include establishing a global compliance program, setting up a manufacturing facility for technology licensing, and training manpower. The initiative is designed to create a local supply chain and an advanced facility in India for the manufacturing, assembling, and testing of V-BAT aircraft. The overarching goal is to enable large-scale production to meet the needs of the Indian Armed Forces and to position India as a global production hub for Shield AI. This collaboration underscores a significant step towards enhancing India's defense manufacturing capabilities and fostering technological advancements in the sector.
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