Trentar acquires 75% stake in Hyderabad startup Trishula
Hyderabad: Trentar has acquired a 75 per cent stake in Hyderabad-based startup Trishula, which is in the UAV propulsion system segment. The Mumbai-based company earlier committed to invest Rs 100 crore spread over three years to design and build specialised drones for the defence and civil purposes along with indigenously built subsystems. Trentar had recently […]
Updated On - 27 October 2021, 01:15 PM
Hyderabad: Trentar has acquired a 75 per cent stake in Hyderabad-based startup Trishula, which is in the UAV propulsion system segment.
The Mumbai-based company earlier committed to invest Rs 100 crore spread over three years to design and build specialised drones for the defence and civil purposes along with indigenously built subsystems.
Trentar had recently acquired GarudaUAV, a drone-based services and platform company, and also launched the drone manufacturing division with its own VTOL UAV due for release by early 2022.
Subodh Menon, founder, Trentar, said, the company is aiming for completely indigenous UAV and acquisition of Trishula is a major step in that direction. Apart from the propulsion systems, there are many more interventions planned in the pipeline to consolidate on this vision. The subsystems will not only be used for Trentar’s UAVs but also sold as components, globally.
In the last three years, Trishula focused on creating propulsion systems, and they are customisable and use repair-friendly design. The company specialises in indigenous and reliable propulsion technology for electric and gasoline UAVs.
Founded in 2018 by Karna Raj and Prudhvi Raj Pakalapati, Trishula has achieved innovations in drone/UAV propulsion systems covering majority of commercial and defence propulsion needs.
Now you can get handpicked stories from Telangana Today on Telegram everyday. Click the link to subscribe.
Click to follow Telangana Today Facebook page and Twitter .