ideaForge Technology Limited engages in the design, development, manufacture, and marketing of unmanned aerial vehicle (UAV) systems for security and surveillance applications in India and internationally. It also provides BlueFire Live!, a software-as-a-service platform that enables live streaming of the UAV video feed and payload control; and BlueFire Touch, a ground control software that builds to plan and command missions, as well as related training and maintenance services. In addition, it provides RYNO, Q6, Switch, Netra V4 and V4+, Q4i, and Ninja UAV products. ideaForge Technology Limited was incorporated in 2007 and is based in Navi Mumbai, India.

ideaForge Technology Limited

ideaForge is a vertically integrated company that designs, develops, engineers, and manufactures indigenous unmanned aerial vehicles (UAVs) in India. The company is self-described as the pioneer and pre-eminent market leader in the Indian Unmanned Aircraft Systems.

ideaForge

ideaForge is the pioneer and the pre-eminent market leader in the Indian unmanned aircraft systems (“UAS”) market. In India, the company has the largest operational deployment of indigenous UAVs, with an ideaForge-manufactured drone taking off every five minutes for surveillance and mapping. Our customers have completed over 400,000 flights using our UAVs. We ranked 5th globally in the dual-use category (civil and defense) drone manufacturers as per the report published by Drone Industry Insights in December 2023.

ideaForge UAVs are equipped with industry-leading specifications and capabilities that are comparable to those of other well-established global players in the UAV industry. Our indigenous design and technological ability to invent, design, and deliver customer-centric offerings enable us to design, develop, engineer, and manufacture our UAVs in-house while maintaining control over performance, reliability, and autonomy.

ideaForge's UAV platforms are designed with a 'mission first' approach, i.e., to deliver UAVs that meet our customers' needs and that, we believe, can reliably sustain a large number of flights and can be operated autonomously without special skills or training. In addition to being one of the first few players in India to enter the UAV market, ideaForge was the first company in India to develop and manufacture vertical take-off and landing ("VTOL") UAVs in 2009. The company has industry-leading product portfolios aimed at civil and defense applications (dual use).




#WebinarAlert!
Discover how #UAV technology is transforming #research in our upcoming webinar- Unlocking Research Potential: Masterclass in Mapping Use Cases.⬇

Event Details-
🗓️ Date: July 18, 2024
🕒 Time: 11:30 AM IST
🎤 Hosted by: Pradeep Pandurangi, Sr. PM, ideaForge Technology
👥 Featuring Research Experts: Dr. Rahul Tripathi, Dr.Showkat Rasool, Dr.Alok Bhardwaj   

Don’t miss out! Book your spot here 👉https://lnkd.in/d__VUeRF
Soar to new heights in research with UAVs!

#drones #research #masterclass #ideaForgeLatest #ideaForgeWebinar #event #webinar

Protecting Forests with Smart Solution!

Our Smart Forest Solution is designed to enhance #forestsecurity by precisely spotting poachers and smugglers.

So what are the benefits you get?
✅Reduce stress and workload for operators
✅Distinguish between people and other objects effortlessly
✅Direct operator attention to potential threats immediately

Stay ahead in #forest protection with our innovative #technology!
To know more, click here https://bit.ly/3RRAPjY #uavs #drones

Master Valley Flying with expert tips from ideaForge!

At ideaForge, we are dedicated to empowering drone pilots with the autonomy and insights to navigate any terrain with the precision and confidence. Drawing from real-world experiences, our latest field insights offer key strategies to enhance your valley flying operations. Our best practices are designed to ensure safer, more efficient, and effective flights.

Come, enhance your valley flying techniques with ideaForge. 

#uavs #drones #mapping #ValleyFlying

Join ideaForge at a premier event where three major exhibitions come together!
The ultimate convergence of innovation at the 5th Drone International Expo 2024, 8th India Homeland Security Expo, and 9th International Police Expo 2024. 

Why visit the event?
✅ Live Demonstrations
✅ Interactive Sessions
✅ International Exhibits

Event Details:
Dates: July 4-5, 2024
Location: Pragati Maidan, Delhi
Stall Number: D71, Hall No. 12 & 12A

We will be displaying our products- #SWITCH UAV, #NETRA V4 PRO UAV, #Q6 #UAV, and our various solutions. Don't miss out on this unique opportunity to explore a world of innovation and expertise- all in one place!

#drones #expo #India #pragatimaidan #defence #surveillance

Ready to revolutionise your #mining operations? With ideaForge drones, you can! 
From initial exploration to reclamation, our drones provide accurate, high-quality, real-time aerial footage and 3D maps, uncovering secrets deep within the Earth. With our solution, you can transform every phase of your mining site.

To know more, tap here 👉 https://lnkd.in/ds-vs5BD #uavs #drones

At our recent ecosystem-led phygital session, we showcased the innovative capabilities of IIN-onboarded startups to our environmental industry leaders. Solutions such as long-duration energy storage using low-cost batteries, drone-based aerial inspection & surveillance, I/O sense cloud platform for data-driven insights, and several such technologies sparked valuable discussions. This session led to many connections and discussions, paving the way for a greener future. 

#iCETS #InfosysInnovationNetwork #Energy #sustainability #FutureProofingBusinesses Manjunatha Kukkuru ideaForge Faclon Labs Invendis Technologies India Pvt. Ltd. VFlowTech Dr. Priyam Tewari Kush S. Anil Narayanan Subhash Shivshankar J.

	Mar '20	Mar '21	Mar '22	Mar '23	Mar '24
revenue	139.99M -	347.18M 148.00%	1.59B 359.24%	1.86B 16.66%	3.14B 68.81%
cost of revenue	65.27M -	183.03M 180.42%	412.21M 125.21%	588.58M 42.79%	2.31B 292.39%
gross profit	74.72M -	164.15M 119.69%	1.18B 620.18%	1.27B 7.55%	830.44M 34.69%
selling and marketing expenses	1.52M -	1.19M 21.71%	1.85M 55.46%	15.35M 729.73%
general and administrative expenses	21.72M -	20.39M 6.12%	34.95M 71.41%	70.72M 102.35%
selling general and administrative expenses	23.24M -	21.58M 7.14%	36.80M 70.53%	86.07M 133.89%	487.34M 466.21%
research and development expenses
other expenses	140K -	-3.30M 2,457.14%	-100.96M 2,959.39%	6.21M 106.15%	304.12M 4,797.26%
cost and expenses	291.58M -	487.04M 67.03%	921.72M 89.25%	1.50B 62.52%	2.80B 86.71%
operating expenses	226.31M -	304.01M 34.33%	509.51M 67.60%	909.41M 78.49%	487.34M 46.41%
interest expense	4.68M -	10.78M 130.34%	52.74M 389.24%	46.95M 10.98%	36.54M 22.17%
ebitda	-104.75M -	-98.42M 6.04%	624.11M 734.13%	552.15M 11.53%	554.82M 0.48%
operating income	-128.47M -	-139.86M 8.87%	672.67M 580.96%	433.57M 35.54%	343.10M 20.87%
depreciation and amortization	27.80M -	35.81M 28.81%	72.84M 103.41%	118.58M 62.80%	167.90K 99.86%
total other income expenses net	-18.51M -	-16.62M 10.21%		-25.62M -	267.58M 1,144.42%
income before tax	-134.39M -	-145.04M 7.92%	501.77M 445.95%	407.95M 18.70%	610.68M 49.69%
income tax expense	70K -	1.22M 1,642.86%	61.71M 4,958.20%	88.07M 42.72%	158M 79.40%
net income	-134.46M -	-146.26M 8.78%	440.06M 400.88%	319.88M 27.31%	452.68M 41.52%
weighted average shs out	28.74M -	29.05M 1.09%	41.67M 43.44%	41.67M 0%	41.30M 0.88%
weighted average shs out dil	28.74M -	29.05M 1.09%	41.67M 43.44%	41.67M 0%	42.03M 0.87%
eps	-4.68 -	-5.03 7.48%	10.56 309.94%	7.68 27.27%	10.96 42.71%
epsdiluted	-4.68 -	-5.03 7.48%	10.56 309.94%	7.68 27.27%	10.77 40.23%

COM:IDEAFORGETECH

ideaForge

Last Close

568.95

22/11 09:59

Market Cap

35.79B

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Volume Today

15.97K

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