Magellanic Cloud Limited has formed a strategic joint venture with Rayonix Tech and Israel-based XTEND to manufacture advanced unmanned aerial vehicle systems in India. The venture is valued at about US $11 million and at around Rs 1 billion and will establish end-to-end manufacturing, testing and distribution capabilities. The company said the deal marks a significant expansion into the defence and security technology sector and aligns with Make in India objectives.

XTEND's XOS operating system will serve as the software backbone for the platforms, providing human-guided autonomy, AI-driven navigation, mission planning and real-time operational control across multi-domain robotic systems. Magellanic Cloud will act as XTEND's exclusive manufacturing and distribution partner in India for selected platforms, supporting sovereign deployment under a unified software architecture. The systems are intended to support surveillance, reconnaissance and mission-critical operations for the armed forces and security agencies.

The tactical drone portfolio to be manufactured locally includes SCORPIO 500 for precision strikes, SCORPIO 1000 for extended missions, XTENDER for micro-ISR operations, HONEY BADGER for rugged environments and WOLVERINE for AI-assisted tactical missions. Integration of XTEND software with domestic manufacturing will produce platforms tailored to Indian operational requirements. The venture will combine autonomous software capabilities with local supply chains and testing infrastructure.

Magellanic Cloud said the partnership strengthens its presence in drone technologies, AI-led surveillance and intelligent infrastructure solutions. The company reported consolidated revenue of Rs 5970 million in FY25, EBITDA of Rs 2090 million and net profit of Rs 1030 million and was listed on the National Stock Exchange on seven February 2025. Management described the collaboration as a strategic step to capture India’s growing defence drone opportunity and to deliver mission-critical solutions built for national needs. The corporate disclosure noted that forward-looking statements are subject to risks including government actions and technological developments.