Trentar acquires 75 percent Stake in Drones Propulsion System's Startup - Trishula
October 26th, 2021, Mumbai: Trentar Pvt. Ltd. announced one of the most significant acquisitions alongside a controlling stake with One of India's most innovative startup in the UAV propulsion system sector, Trishula.
This acquisition will focus on making India independent and self-sufficient in the UAV propulsion systems, a long-standing agenda for the Indian UAV industry. It will also help put India on the World map of Propulsion systems.
Trentar had recently acquired GarudaUAV, a leading Drone based services and platform company and also launched the Drone Manufacturing Division with its own VTOL UAV due for release early 2022. Trentar had earlier committed to invest Rs. 100 Cr in 3 years to design and build specialized Drones for the Defence and Civil purposes along with Indigenously built subsystems.
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