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Drone maker Tsalla Aerospace raises $1-M

Entrackr   Tsalla Aerospace  

Bengaluru-based Tsalla Aerospace has raised USD 1 million led by Sunny Stalnaker (executive VP at ASML), with participation from SIDBI and equity-free grants from the Ministry of Defence’s Innovations for Defence Excellence (iDEX) programme.Founded in 2019 and incubated at the Indian Institute of Science (IISc), Tsalla Aerospace develops and manufactures unmanned aerial systems for military and industrial applications. The company handles all aspects of product development, including research, design, manufacturing, and integration of both fixed-wing and multi-rotor systems.The fresh funding will be used by the company to expand its autonomous systems platform and scale deployment for defence and industrial use cases.