Private Equity Other Private Equity/Strategic Investments
Drone maker ideaForge invests in propeller maker Nautical Wings Aerospace
Mumbai-headquartered drone maker ideaForge has invested in Mandya, Karnataka-headquartered NW Engineering Pvt Ltd (Nautical Wings Aerospace), a composite propeller manufacturing company.
VC-backed ideaForge serves across defence and civil, dual-use applications, particularly surveillance and mapping. Its drone portfolio currently includes Q4i and Q6 which are small category UAVs, NINJA UAV, and RYNO UAV which is a survey grade micro category drone.