May 21, 2022 18:02 (IST)
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Drone Bangalore/IBNS: XBOOM Utilities Pvt. Ltd., an e-commerce gadget platform launched its "Make in India State-of-the-art UAV (Drone) Technology" company ‘VFLYX India – The Future is Now’ on Wednesday, October 20, 2021.
The new wing of the start-up will also be based in Bangalore in a 10,000sq.ft (approx.) set-up.
Rohit Dey, (ex-NASA scientist) has been appointed as the Chief Technology Officer to spearhead the drone technology initiative and head the technology at VFLYX.
Speaking about the initiative at the launch ceremony, Mr. Vishal Saurav, CEO & Co-founder of VFLYX India and XBOOM Utilities Pvt. Ltd. Said, “We are pleased to announce the launch of our high-end UAV (Drone) Technology company in Bangalore. We believe our high-quality state-of-the-art technology & fail-safe features and our exclusive customized drones will delight our customers not only with their uniqueness but also for them being budget-friendly for all industries. The price of our standard drones will start from INR 6.5Lacs.”
Saurav further added, “With favorable conditions like the recent change in policies for drones and the various initiatives by our honorable Prime Minister, Shri Narendra Modi Ji, to make India the global hub by the year 2020, we intended to launch VFLYX under the umbrella of XBOOM, exclusively dedicated to catering to Consulting, Designing, and Manufacturing of Customized Drones for all the sectors across India.”
Rohit Dey (Ex-NASA), CTO, VFLYX India said, “Our drones will be unique in themselves since the chassis will be constructed using cutting-edge carbon fiber with advanced honeycomb technology in lieu of plastic, unlike the ones we get in India commonly. To upscale our company and offer a holistic experience to our customers, we will also provide a certification course in Pilot Training Programme."
The drones will be tailor-made in accordance with the requirements of the customers, he added.
Few observations as per the World’s adoption of drones:
- Unit sales will grow from 828 thousand in 2021 to almost 1.4 million in 2026 at 10.6% CAGR.
- Energy remains the industry with the highest adoption of drones, though Cargo, Courier Services, Intralogistics, and Warehousing have the highest CAGR.
- Mapping & Surveying is and will remain the top application of drones, followed by Inspection as well as Photography & Filming.
"XBOOM is already a known player in the market for gadgets and technology. However, home-grown drones are most likely to fare better in this atmosphere of ‘Atmanirbhar Bharat,'" the company said in a statement.
"VFLYX offers advanced features, counter error response programming, easy accessibility via mobile/tab, and an easily usable GUI. With customization, VFLYX is all set to meet industries’ drone expectations and deliver the best results, the statement read.
XBOOM operates pan-India with offices in Bangalore and New Delhi. With the launch of its new UAV (Drone) division, VFLYX, it is in the process of expanding its footprint in India and overseas. The start-up is already in the process of setting up offices in other key locations in India as well as overseas such as Dubai, the USA, Singapore, and so on.
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