Astral Aviation partners with TechEagle for drone delivery network
The two companies have come into an agreement for creating a safe and reliable drone delivery network to strengthen the supply chain of healthcare, e-commerce, hyperlocal and maritime in Gulf Cooperation Council Region.
TechEagle, the Drone delivery startup, in collaboration with Astral Aerial Solutions which is an established all-cargo airline is entering into the GCC region in a strategic partnership.
The two companies have come into an agreement for creating a safe and reliable drone delivery network to strengthen the supply chain of healthcare, e-commerce, hyperlocal and maritime in Gulf Cooperation Council Region comprising of six middle eastern countries namely Saudi Arabia, Kuwait and The United Arab Emirates.
“At TechEagle our vision is to create the world's largest on-demand drone logistics network for package delivery in minutes to save lives, time and money. With our collaboration with Astral, we are looking at an estimate of USD 100 Million markets over the next 10 years in the GCC region,’’ said Vikram Singh, CEO & founder at TechEagle.
“StartUpINUP has provided us the opportunity to showcase at Dubai Expo 2020 and platform to meet potential investors and partners. We are thankful to the Govt of UP, Invest India and India Innovation hub team,” Singh added.
Sanjeev Gadhia, founder and CEO, Astral Aviation said, “We are thrilled to enter into an MoU with India’s most disruptive start-up in the drone delivery space, TechEagle, so that we can apply the technology in meeting the delivery needs via a safe and reliable network for our clients in the GCC region. We believe that with the innovative solution of TechEagle and the industry expertise of Astral this collaboration will turn into the venture of the decade both economically and innovatively.”
Astral Aerial Solutions’ end-to-end operational expertise in a highly regulated industry will serve as the backbone of this collaboration and will play a key role in future collaborations. This partnership will provide a perfect blend of industry experience and expertise.
“State government is continuously working towards fostering a world-class startup ecosystem in the state and providing our startups with an opportunity to present their business ideas on global platforms like Dubai Expo, India Global forum UAE 2021 and TiE Global Summit Dubai 2021. I congratulate Tech Eagle team for this MoU” said Dr. Ujjwal Kumar, Special Secretary and MD IT and Electronics Department, Government of UP.