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Trentar announces merger of TM Aerospace and RFLY Innovations

Mumbai (Maharashtra) [India], April 21 (ANI/BusinessWire India): Trentar, a leading Full Stack UAV and Aerial Solutions group, on the 20th of April announced the merger of its two UAV manufacturing units viz TM Aerospace Pvt. Ltd and RFLY Innovations Pvt. Ltd. Announcing the merger, Lt Gen Sarath Chand (Retd.), CEO of Trentar's manufacturing division, said that the merger would enable both entities to take advantage of each other's resources, R&D capabilities and best practices, besides bringing in synergy and focus. In short, the merger will create a stronger, more competitive UAV design and development organisation to deliver exceptional value to customers, employees, and stakeholders. Gen Sarath Chand further stated that the merged entity will operate under the name of RFLY Innovations Pvt. Ltd, by retaining all the employees of TM Aerospace. The leadership team will work to maximize efficiencies and identify new opportunities for growth and innovation. He also stated th

Announcement Trentar Group acquires 76 per cent stake in the Chennai based UAV manufacturer

Mumbai (Maharashtra) [India], September 29 (ANI/BusinessWire India): Trentar Pvt Ltd announced yet another significant acquisitions in the UAV manufacturing sector, alongside a controlling stake with One of India's most innovative startups in the UAV Design to Delivery space, RFLY Innovations. The acquisition will focus on commercialising multirotors and helicopters for both commercial and defense segments in India and global markets. This acquisition along with the others done by Trentar recently will help make India independent and self-sufficient in the complete UAV Ecosystem. Trentar had recently acquired TM Aerospace which specializes in Fixed Wing UAV Platform and GarudaUAV, a leading Drone based services and platform company. Trentar had earlier committed to invest Rs. 100 Cr in 3 years to design and build specialized Drones for Defence and Civil purposes along with Indigenously built subsystems. Chennai-based RFLY Innovations specialises in the Multi Rotor segment and alrea

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