Announced details
More than 950,000 flights completed in total (ideaForge)
Collaboration based on a strategic memorandum of understanding (MOU). ideaForge will integrate Di1 into its UAV platforms, while DMP will serve as its go-to-market partner in Japan, handling demonstrations, customer development, sales, training and after-sales support. The MOU establishes a framework for collaboration but is not legally binding with respect to specific transaction terms and other matters.
An Indian unmanned aerial systems (UAS) company that provides drones for defense and enterprise customers in the fields of security, surveying, surveillance and disaster response. The company developed India’s first VTOL UAV in 2009 and has locations in Navi Mumbai, Bengaluru, Delhi and the United States. Its CEO and co-founder is Ankit Mehta. Its drones have completed more than 950,000 flights in total.
Ranked third worldwide among dual-use drone manufacturers in Global Drone Review 2024
Drone Industry Insights（DRONEII）
Navi Mumbai, Bengaluru, Delhi, United States
The agreement is not expected to affect results for the fiscal year ended March 2026. The outlook for the fiscal year ending March 2027 is under preparation and is scheduled to be announced on 15 May 2026. Over the medium to long term, DMP believes the agreement will contribute to improved business performance and corporate value.
The company does not address Contract Value / Offering price.
Next Move Strategy Consulting
IMARC Group
Drone Industry Insights（DRONEII）
| Item | Details |
|---|---|
| Names of Products / Services Covered | Edge AI SoC “Di1”, Next-generation AI drones incorporating Di1, VTOL drones manufactured by ideaForge |
| Counterparty | ideaForge Technology Limited. (listed on the BSE/NSE; ticker: IDEAFORGE) |
| Counterparty overview | An Indian unmanned aerial systems (UAS) company that provides drones for defense and enterprise customers in the fields of security, surveying, surveillance and disaster response. The company developed India’s first VTOL UAV in 2009 and has locations in Navi Mumbai, Bengaluru, Delhi and the United States. Its CEO and co-founder is Ankit Mehta. Its drones have completed more than 950,000 flights in total. |
| Relationship with the Company | Collaboration based on a strategic memorandum of understanding (MOU). ideaForge will integrate Di1 into its UAV platforms, while DMP will serve as its go-to-market partner in Japan, handling demonstrations, customer development, sales, training and after-sales support. The MOU establishes a framework for collaboration but is not legally binding with respect to specific transaction terms and other matters. |
| Contract Date | 28 April 2026 |
| Applicable area | Defense, Security, Industrial applications, Defense surveillance, Border security, Industrial infrastructure inspection, Precision agriculture, Surveying, Disaster response |
| Award/certification name | Ranked third worldwide among dual-use drone manufacturers in Global Drone Review 2024 |
| Awarding / certifying body | Drone Industry Insights（DRONEII） |
| Location | Navi Mumbai, Bengaluru, Delhi, United States |
| Usage history | More than 950,000 flights completed in total (ideaForge) |
| Impact on Business Performance | The agreement is not expected to affect results for the fiscal year ended March 2026. The outlook for the fiscal year ending March 2027 is under preparation and is scheduled to be announced on 15 May 2026. Over the medium to long term, DMP believes the agreement will contribute to improved business performance and corporate value. |
| Source | Next Move Strategy Consulting, IMARC Group, Drone Industry Insights（DRONEII） |
Items this document does not state (6)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To accelerate the global rollout of DMP’s edge AI semiconductor Di1 and promote the introduction of ideaForge drones to Japan’s defense, security and industrial markets.