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Paras Defence and Israel’s HevenDrones Form Joint Venture to Produce Hydrogen-Powered Drones in India.

Science and Technology | Dated: 10 May 2025

In May 2025, Navi Mumbai (Maharashtra)-based Paras Defence & Space Technologies Limited, a prominent Indian defence engineering company, signed a Memorandum of Understanding (MoU) with Israel-based HevenDrones Limited, a subsidiary of the United States of America (USA)-based Heven, to form a Joint Venture (JV). The partnership aims to design, manufacture, and supply hydrogen-powered drones, marking a first-of-its-kind initiative in India.

🎯 Key Highlights:

  • - The JV is aligned with the Government of India’s ‘Make in India’ initiative, intending to indigenously develop next-generation Unmanned Aerial Systems (UAS) with cutting-edge hydrogen fuel cell technology.
  • - The hydrogen-powered drones will offer extended flight endurance, modular payload capability, and ready-to-fly configurations, making them suitable for a range of commercial and defence applications.
  • - These drones are designed to support operations in remote and border logistics, tactical surveillance, high-altitude missions, and defence supply chains, addressing India’s growing strategic and logistic needs.

💡 Other Important Facts:

  • (i) HevenDrones will contribute the core technology, working prototypes, and production manuals to the JV, bringing advanced drone development expertise from Israel.
  • (ii) Paras Defence will oversee the manufacturing, regulatory compliance, sales, and operational execution of the JV within India, ensuring seamless integration and scaling.
  • (iii) The JV’s board will include members from both Paras Defence and HevenDrones. A Chief Executive Officer (CEO), Chief Financial Officer (CFO), and Chief Operating Officer (COO) will be jointly appointed to manage the company’s operations.

📚 Test Your Knowledge:

Which Israel-based company recently signed an MoU with Paras Defence to manufacture hydrogen-powered drones in India?

Correct Answer: HevenDrones

🚀 Quick Recap:

About Paras Defence & Space Technologies Limited

  • Chairman and Non-Executive Director : Sharad Virji Shah
  • MD : Munjal Sharad Shah