Published On:April 25 2024
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Thanos Tech Launches Drone Manufacturing Facility in Hyderabad
Thanos Technologies, an agri-drone technology firm, has inaugurated a new drone manufacturing facility and its corporate office in Hyderabad on April 15, 2024. This state-of-the-art facility has the capacity to produce up to 3,000 drones annually, positioning the company as a significant player in the drone technology sector.
Thanos Technologies aims to sell 2,500 drones in the current financial year, with plans to expand its market reach to Southeast Asia and Africa. The company projects significant growth in the coming years, targeting sales of 10,000 drones by 2026-27.
In a statement on Wednesday, Pradeep Palelli, Founder and Chief Executive Officer of Thanos Technologies, highlighted the company's commitment to innovation and product development. He noted that the company intends to invest in upgrading its existing products and pursuing new technologies to meet the evolving needs of the agricultural industry.
The launch of this facility underscores Thanos Technologies' dedication to supporting agricultural advancements through drone technology and its broader vision to establish a strong presence in emerging markets.
HBL