Provider of drones for defence, agriculture and other industries
2018
Noida (India)
Seed
Aerosense Technologies is a privately held company specializing in the development, production, and distribution of advanced aerospace equipment, with a particular focus on unmanned aerial vehicles (UAVs) and drone solutions for defense, homeland security and commercial sectors. The company is recognized for its engineering and development services, which serve a range of industries including transport, logistics, agriculture and construction, reflecting a broad application of its core technologies.
Micro drones and UAVs for defense, surveillance and commercial applications.
Naval shipborne unmanned systems for maritime security.
Drone-based delivery solutions (e.g., drone ambulances, cargo delivery).
Artificial intelligence and robotics solutions for automation and data analytics.
Clean energy initiatives for environmentally sustainable operations.
Revenue Generation: Primarily through product sales of drones and robotics, with additional income from licensing, custom development and after-sales support.
Latest Data: In FY22, net sales reached INR 89.38 million, though total income was reported at INR 7.46 million (reflecting possible data discrepancies or reporting differences).
Customer Segmentation: Predominantly B2B (government, defense, enterprise), with limited B2C engagement.
Geographic Focus: India-centric, with potential for expansion into South Asia and global markets.
Key Clients: Indian defense and security agencies, government bodies and industrial enterprises (specific client names not publicly disclosed).
Partnerships: Collaborations with government on unmanned systems and clean energy initiatives.
Client Concentration: Moderate risk due to reliance on government contracts; however, diversification efforts are underway in logistics and healthcare sectors.
Strategic Importance: Marquee contracts with defense and security agencies underpin revenue stability.
Growth Drivers: Expansion into logistics, healthcare and agriculture markets; development of new AI-driven products; pursuit of international partnerships (reflecting recent market trends).
Risks: Regulatory hurdles in drone operations, dependence on government contracts, and rapid technological change.
Targets: Aim to double market share in unmanned systems by 2026, with a focus on recurring revenue streams and sustainability initiatives.
Capital Allocation: Prioritizing R&D, talent acquisition and strategic M&A for technology integration.
$656 K
4
$485.0 K, Seed
as of May 5, 2022
$6.36 Million
as of May 5, 2022
9.70
as of May 5, 2022
JC Team Capital
and 3 more11
insideFPV
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Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
May 5, 2022 | Seed | $485.0 K | $6.4 Million | $76.7 K | 78.3x | JC Team Capital |
December 30, 2021 | Seed | $13.4 K | $474.0 K | $50.5 K | 9.2x | Vasudev Solutions |
October 11, 2020 | Seed | $13.6 K | $470.0 K | $5.8 K | 77.5x | Vasudev Solutions |
March 15, 2019 | Seed | $143.0 K | $476.0 K | - | - | Vasudev Solutions |