Paras Aerospace and SpearUAV sign an MoU to introduce revolutionary Micro-tactical UAV in India

    TEL AVIV, ISRAEL, February 05, 2021 /24-7PressRelease/ -- Aero India 2021. SpearUAV - developers and suppliers of unique Unmanned Aircraft Systems (UAS) solutions for defence and Homeland Security (HLS) applications from Israel – has signed a Memorandum of Understanding (MoU) with Indian company, Paras Aerospace, a subsidiary of Paras Defence and Space Technologies Limited, to introduce the unique encapsulated Ninox 40 system to the Indian market for use by military forces, paramilitary, internal security, and law enforcement agencies.

Speaking about the collaboration, Yishai Amir, CEO of SpearUAV, said, "The defence sector in India faces many challenges in surveillance of multiple international borders, in jungles and wooded areas as well as dealing with extreme natural forces, such as monsoon storms, cyclones and earthquakes. These challenges apply to the special forces, army, navy, various internal security divisions, and national disaster response teams. The cooperation between our companies will address the many needs of these forces, in order to give every soldier, officer and first responder an immediate ISTAR capability to complete their mission and save lives."

"We are very pleased to cooperate with Paras, which is a well-known company in the field of defence and aerospace in India." Amir added.

Specifically designed for single-user operation, the Ninox 40 is a micro-tactical, cost-effective drone system, featuring an encapsulated drone and control unit. Weighing under 250g - within regulatory limitations - it is lightweight enough to be incorporated into the soldier's vest and carried on-person during combat. The Ninox 40 has a flight capacity of up to 40 minutes, extensive ISTAR capabilities, day and night camera for enhanced situational awareness, automatic tracking, and can be launched on the move and from under cover, even in harsh environmental conditions.

Sharing similar views, Pankaj Akula, CEO of Paras Aerospace, remarked "Paras is a recognised and a well-known defence technology provider catering to the Indian government organisations like DRDOs and Defence PSUs and the private sector across India and to companies from other Asian and Middle Eastern countries."

Munjal Shah, Managing Director of Paras Defence and Space Technologies Limited, said, "Paras and SpearUAV, together, have collaborated to introduce a revolutionary Micro-tactical UAV that will be adapted for the needs of military and first responders forces in India to enhance their preparedness. The two companies are working with their respective defence ministries to explore opportunities. Our cooperation will leverage these unique technologies and deepen their use in India."

"This kind of drone is of high relevance to India considering the number of internal and external threats the country is facing. As part of our joint activity, we also plan to provide a local response through the transfer of production and technology to India, in accordance with government policy," Pankaj added.

About SpearUAV
Founded in 2017, Spear is a privately-owned HLS and defence solutions company. The company's team combines expertise in areas such as drones, aerospace, AI, software, communications and more.

Applying project-based technical know-how and cross-forces operational experience to emerging commercial technology, Spear delivers immediate tactical superiority on today's chaotic battlefield. Used by military, government and civilian organizations around the globe, its broad range of solutions is currently disrupting the world of unmanned aerial systems.
Spear is a certified sole supplier to the Israel Defense Forces (IDF), and is expanding its global customer base by offering tailored solutions based on its unmatched capability.

About Paras Aerospace
Paras Aerospace Pvt. Ltd. is a subsidiary company of Paras Defence and Space Technologies Ltd. The company aims to become the leading Indigenous technology development company that provides solutions for various requirements of UAVs in India and worldwide for both hardware and software. The company offers a wide range of development, integration, manufacturing and certification of UAV systems. The prime verticals of the company include military UAV, industrial UAV, Iindigenous payload development, regulatory compliance consultancy and an agriculture focused UAV. The company also offers end-to-end solutions across multiple domains, including NPNT compliance software, perimeter inspection solutions, agri-tech solutions, construction monitoring, energy (power grid, solar & wind), forestry, plant inspection (oil and gas). engineering consultancy is provided to companies looking towards drone automation. The company has partnerships with leading UAV Technologists from Israel and Italy. The flagship products are a cloud based NPNT as a service software and indigenous multispectral camera.

# # #