www.ideaforgetech.com

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January 28, 2025

	To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400 001. BSE Scrip Code:543932	To, The Natonal Stock Exchange of India Limited “Exchange Plaza”, Bandra – Kurla Complex, Bandra (EAST), Mumbai – 400 051 NSE SYMBOL: IDEAFORGE

Sub: Investor/Analyst Presentation for the quarter and nine months ended December 31, 2024, of ideaForge Technology Limited (“the Company”).

Dear Sir/Ma’am,

This is further to our letter dated January 16, 2025, intimating about an Earnings Conference Call to be hosted by the Company on Wednesday, January 29, 2025, at 11.00 a.m. (IST) post announcement of Unaudited (Standalone & Consolidated) Financial Results for the quarter and nine months ended December 31, 2024.

Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith a copy of the presentation to Investor/Analysts on Unaudited (Standalone & Consolidated) Financial Results of the Company for quarter and nine months ended December 31, 2024.

The details of Investor/Analyst presentation are attached herewith and also being uploaded on Company’s website at www.ideaforgetech.com

Kindly take the same on your records.

Thanking you, Yours faithfully

For ideaForge Technology Limited

SONAM Digitally signed by SONAM DILIPKUMAR DILIPKUMAR GUPTA Date: 2025.01.28 20:01:25 GUPTA +05'30'

Sonam Gupta Company Secretary Membership No. A53881

Encl: as above

idea Forge Technology Limited (Formerly ideaForge Technology Private Limited) EL-146, T.T.C. Industrial Area, M.I.D.C. Mahape, Navi Mumbai - 400 710. Maharashtra (India) Ph.(O): +91 (22) 6787 1000 (F) +91 (22) 6787 1007 Email: [email protected] CIN No. L31401MH2007PLC167669

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Investor Presentation

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ideaForge Strictly Private & Confidential

Disclaimer

This presentation has been prepared by and is the sole responsibility of ideaForge Technology Limited (the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions.

This presentation does not constitute or form part of any offer or invitation or inducement to sell or issue, or any solicitation of any offer or recommendation to purchase or subscribe for, any securities of the Company, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any contract or commitment thereof. In particular, this presentation is not intended to be a prospectus or offer document under the applicable laws of any jurisdiction, including India. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the date of this presentation. There is no obligation to update, modify or amend this communication or to otherwise notify the recipient if the information, opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate.

Certain statements contained in this presentation that are not statements of historical fact constitute “forward-looking statements.” You can generally identify forward-looking statements by terminology such as “aim”, “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intend”, “may”, “objective”, “goal”, “plan”, “potential”, “project”, “pursue”, “shall”, “should”, “will”, “would”, or other words or phrases of similar import. These forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or other projections. Important factors that could cause actual results, performance or achievements to differ materially include, among others: (a) our ability to successfully implement our strategy, (b) our growth and expansion plans, (c) changes in regulatory norms applicable to the Company, (d) technological changes, (e) investment income, (f) cash flow projections, and (g) other risks.

This presentation is for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person. The Company may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of such change or changes.

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www.ideaforgetech.com

ideaForge Strictly Private & Confidential

ideaForge – At a Glance

1[st] 1[st] 1[st] #3 Pioneer & Market Leader To indigenously To make high-altitude SWITCH UAV obtained Globally in dual-use develop VTOL & Fixeddrones in India ‘Fit for Indian Military drones category[1] Wing VTOL Hybrid Use’ Certificate – first UAVs and only UAV in its class 600,000+ ~3 mins 100,000+ 78 Operational Metrics Customer Flights[2] An ideaForge drone Customer Flights Patents (Granted + take-off every three # YTD FY25[2] Pending)[4] mins[3] Well Recognized in the Industry National Technology SIDM Champion Best Aviation StartELCINA Award under MSME Award for 'Technology up of the Year Defennovation Category 2023 and Product Award at Wings India Award 2024 Innovation’ 2024

As of 31 December 2024, based on a global report 3. On average in FY25 2. As of 31 December 2024 4. As of 31 December 2024 – 48 granted & 30 pending

www.ideaforgetech.com

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ideaForge Strictly Private & Confidential

Q3 FY25 Performance Highlights

CEO’s Review

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Ankit Mehta CEO & Whole-time Director

“Conversion of opportunities to orderbook has been muted thus far in this financial year, largely attributable to elections and low government spending in this timeframe. However, the third quarter of this year has started to bring everything together, be it rapid progress in technology development, rekindling the latent demand from customers, and recognition of our efforts. Ranking 3rd globally as a dual-use drone manufacturer in DII’s Global Drone Review 2024 and our SWITCH UAV becoming the first and only small UAV certified as ‘Fit for Indian Military Use’ by DGQA exemplify our commitment to innovation and excellence. We opened a new application in the form of coastal surveillance with our SWITCH UAV being deployed for a coastal management solution in Maharashtra. In order to unlock the use of geospatial data in private enterprises, we have become part of Operation DRONAGIRI, a pilot project by the government of India under the National Geospatial Policy (NGP), 2022. Learnings from our successful Early Adopter Program initiative in the United States helped us conceptualize and also launch a new quadcopter platform (Q6 V3) in the United States. We are now excited to showcase our technology progress and vision at Aero India 2025.”

Revenue from Operations

INR 176.1 Mn

Financial Summary

INR 909.0 Mn (Q3 FY24) Gross Margin INR 81.0 Mn

INR 488.6 Mn (Q3 FY24) Profit After Tax INR -240.2 Mn INR 148.0 Mn (Q3 FY24)

Revenue from operations of INR 1,409 Mn for 9M FY25 as compared to INR 2,117 Mn for 9M FY24. The change of 33% YoY is due to a shift in the order booking timeline due to it being an election year and low government spending from Q1 to Q3 of FY25.
New order booking for Q3 FY25 at INR 168 Mn compared to INR 44 Mn in Q2 FY25 and INR 134 Mn in Q3 FY24, indicating an improvement in run-rate business as compared to previous quarter. Conversion of the imminent larger opportunities continues to remain our key area of focus.
Gross Margin % in Q3 FY25 increased to 46.0% from 24.6% in Q2 FY25. Cumulative GM for 9M FY25 is at 32.6%, compared to 53.3% for 9M FY24. Our Gross Margin is primarily dependent on the product mix delivered.
EBITDA margin for 9M FY25 changed to -10% from 30.8% for 9M FY24, and PAT margin changed from 16.3% for 9M FY24 to -26.0% in 9M FY25, owing to the revenue variation, whereas our expenses have remained relatively flat.

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Q3 FY25 Key Performance Metrics
All values in INR Mn
Revenue from Operations Gross Margin & Gross Margin % EBITDA & EBITDA %
49.9% 53.7% 24.6% 46.0% 27.4% 28.8% -26.9% -71.4%
3,014 1,567 859
262
909 489
371
176 91 81 -100 -126
FY24 Q3FY24 Q2FY25 Q3FY25 FY24 Q3FY24 Q2FY25 Q3FY25 FY24 Q3FY24 Q2FY25 Q3FY25
PAT & PAT % Q3 FY25 Revenue Mix Order Book Position
14.4% 16.3% -37.0% -136.4%
5% 1,247
453
148
542
Defence 215 207
-137
95% Civil
-240
31-Mar-24 31-June-24 30-Sep-24 31-Dec-24
FY24 Q3FY24 Q2FY25 Q3FY25
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9M FY25 Key Performance Metrics
All values in INR Mn
Revenue from Operations Gross Margin & Gross Margin % EBITDA & EBITDA % 9M FY25 Revenue Mix
53.3% 32.6% 30.8% -10.0%
2,117 1,128 653
1,409 35%
65%
459
-141 Defence Civil
9M FY24 9M FY25 9M FY24 9M FY25 9M FY24 9M FY25
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Consolidated Profit & Loss Statement All values in INR Mn	Q2 FY25 9MFY25 9MFY24 371.0 14~~0~~9.1 2117.0 129.8 801.7 966.7 150.0 148.4 22.5 91.2 458.9 1127.8 24.6% 32.6% 53.3% 136.8 381.5 335.7 112.7 385.9 389.9 58.4 167.3 250.5 -99.9 -141.1 652.7 -26.9% -10.0% 30.8% 72.2 213.1 153.5 -172.1 -354.2 499.2 7.8 12.8 33.7 -180.0 -367.0 465.5 -42.7 -1.3 119.9 -137.2 -365.7 345.5 -37.0% -26.0% 16.3%	Q2 FY25 9MFY25 9MFY24 371.0 14~~0~~9.1 2117.0 129.8 801.7 966.7 150.0 148.4 22.5 91.2 458.9 1127.8 24.6% 32.6% 53.3% 136.8 381.5 335.7 112.7 385.9 389.9 58.4 167.3 250.5 -99.9 -141.1 652.7 -26.9% -10.0% 30.8% 72.2 213.1 153.5 -172.1 -354.2 499.2 7.8 12.8 33.7 -180.0 -367.0 465.5 -42.7 -1.3 119.9 -137.2 -365.7 345.5 -37.0% -26.0% 16.3%
Profit & Loss Statement Q3 FY25 Q3 FY24	Q2 FY25 9MFY25 9MFY24
Revenue From Operations 176.1 909.0	371.0 14~~0~~9.1 2117.0

Cost Of Materials Consumed 111.1 476.4	129.8 801.7 966.7
Changes In Inventories Of Finished Goods And Work In Progress -16.0 -56.0	150.0 148.4 22.5
Gross Profit 81.0 488.6	91.2 458.9	1127.8
Gross Profit % 46.0% 53.7%	24.6% 32.6%	53.3%
Employee Benefits Expense 128.0 97.7	136.8 381.5	335.7
Other Expenses 127.7 195.0	112.7 385.9	389.9
Other Income 48.9 66.1	58.4 167.3 250.5
EBITDA -125.8 261.9	-99.9 -141.1 652.7
EBITDA % -71.4% 28.8%	-26.9% -10.0% 30.8%
Depreciation And Amortisation Expense 74.7 56.7	72.2 213.1 153.5
EBIT -200.5 205.1	-172.1 -354.2 499.2
Finance Costs 2.3 3.7	7.8 12.8 33.7
PBT -202.8 201.5	-180.0 -367.0 465.5
Total Tax Expense 37.4 53.5	-42.7 -1.3 119.9
Profit For The Period -240.2 148.0	-137.2 -365.7 345.5
PAT % -136.4% 16.3%	-37.0% -26.0% 16.3%

www.ideaforgetech.com

ideaForge Strictly Private & Confidential

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Business & Operational
Highlights Q3 FY25
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ideaForge Strictly Private & Confidential

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Q3 FY25 Business Updates
SWITCH MINI UAV Helped several enterprise
Moved to 3 [rd] rank from 5 [th] becomes the first and only customers prevent theft
on the dual-use drone small UAV to get certified under our DaaS effort
manufacturers list in DII’s as “Fit for Indian Military proving the solution’s
Global Drone Review 2024 Use” by DGQA effectiveness
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Participating as an official data provider for Operation DRONAGIRI , Drones deployed under the under a pilot project in coastal management India's National Geospatial solution for Maharashtra Policy across 7 coastal districts

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Q6 V3 launched in the
North American Market for
homeland security
customers
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ideaForge Strictly Private & Confidential

Key Management Team

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Ankit Mehta Chief Executive Officer

Promoter of the Company
Associated with the Company since incorporation
Bachelor of Technology (M.E.) and Master of Technology (IIT Bombay)

Vishal Saxena

VP – Sales & Business Development

Previously associated with the CISCO System and the Indian Army
Bachelor in Science & Technology and PG in Management (Indian School of Business)

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Rahul Singh VP - Engineering

Promoter of the Company
Associated with the Company since incorporation
Bachelor of Technology (M.E.) (IIT Bombay)

Nilesh Jaywant

Sr. Manager, Legal & Compliances

Responsible for legal, secretarial and compliances
Previously associated with Huhtamaki India Limited
Bachelor in Law and Qualified Company Secretary

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Vipul Joshi Chief Financial Officer

Ashish Bhat VP – R&D

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Handling the financial operations of the Company
Promoter of the Company
Associated with the Company since incorporation • Previously associated with
• Bachelor of Technology (E.E.) (IIT Kebee Network, Arvin Meritor Commercial Vehicle
Bachelor of Technology (E.E.) (IIT Bombay)
B.Com (Honours) and MBA (University of Business and Finance, Switzerland)

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ideaForge Strictly Private & Confidential

Board of Directors

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Srikanth Velamakanni Chairman & Independent Director Associated with Fractal Analytics as co-founder

Ankit Mehta

CEO and Whole time Director

Associated with Company since incorporation Bachelor of Technology (M.E.), Masters of Technology (IIT, Bombay)

Rahul Singh

VP-Engineering and Whole time Director

Associated with the Company since incorporation Bachelor of Technology (M.E.) (IIT, Bombay)

Ashish Bhat

VP-R&D and Whole time Director

Associated with the Company since incorporation Bachelor of Technology (E.E.) (IIT, Bombay)

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Mathew Cyriac

Non-Executive Nominee Director Previously associated with Blackstone Advisors

Ganapathy Subramaniam

Non-Executive Nominee Director Associated with company since 2017 Previously associated with Texas Instrument and Founder of Cosmic Circuits

Sutapa Banerjee

Independent Director

Previously associated with Royal Bank of Scotland, ABN AMRO Bank & Ambit Capital Private Limited

Vikas Balia

Independent Director

Designated Senior Advocate in Rajasthan High Court & Associate Member of ICAI

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ideaForge Strictly Private & Confidential

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About ideaForge
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www.ideaforgetech.com

ideaForge Strictly Private & Confidential

15+ Years of Building along with Customers

2004-08

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2014-17
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2022-23

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•
•
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Founders built the first • Received US$ 5.1 mn capital contract from quadrotor drone (in India) to GOI enter a college fest* • Developed first hybrid VTOL with fixed
• Incorporation of the company wings in India (SWITCH UAV)*
Won largest mini-VTOL UAV contract against global competitors
Developed first hybrid VTOL with fixed wings in India (SWITCH UAV)* • 2[[nd]]
• 1[st] round of institutional placement by Celesta Capital, Qualcomm Asia & Infosys •
• Demonstrated NETRA , exhibiting • First company to participate in launch of India’s first quadcopter demonstration of 5G enabled UAVs at drone at DefExpo Indian Mobile Congress
• Early prototype of VTOL UAV • Bagged a contract of ~ US$18 mn for featured in a popular Bollywood SWITCH 1.0 UAVs
2[[nd]] round of institutional investment by Florintree Enterprise, Infina Finance etc.,
• Got listed on NSE & BSE in July’23 with listing day gain of 93%

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Early prototype of VTOL UAV featured in a popular Bollywood Movie
Developed one of the world’s
2009-11 smallest and lightest autopilots*

2019-20

Sale of first drone to state police dept .
Developed NETRA UAV with a GOI[1] entity

www.ideaforgetech.com

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ideaForge Strictly Private & Confidential

*Source: 1Lattice Report 1. GOI – Government of India

Designed, built and tested in India to be operated anywhere in the world

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-22°F (-30 °C)
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Siachen Glacier 19,685 ft+ (6,000 m+) AMSL More than 600,000+ Missions Completed 131°F (55 °C) Every 3 minutes an ideaForge UAV takes-off

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Sir Creek &
Sundarbans Marshes Go anywhere
and Sea capability
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Indigenous drones that offer best-in-class performance

No com ~~p~~ romise on performance

Adapted to India’s diverse terrain and climate

Fully qualified UAVs to ensure survival in

Extreme temperatures
• High humidity
Marine environment Constant rains
Dusty weather

Difficult to detect

Low noise signature
Low Radar Cross-Section

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www.ideaforgetech.com

ideaForge Strictly Private & Confidential

V s ideaForge’s Forte – Man-Portable Micro & Small/Mini UA

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Inspections Mapping Logistics UAM Surveillance
HAPS
HALE
MALE
Tactical
Small / Mini
Micro Middle Mile
Last Mile Logistics
Nano
0 1.24 mi+ 9.32+ mi 31+ mi 124.27+ mi 310.7+ mi 621.37+ mi
Launch Pad (2 km) (15+ km) 50+ km 200+ km 500+ km 1,000+ km
Scale in illustration is representation purpose only ideaForge current capabilities ideaForge target categories Distance (Range) www.ideaforgetech.com
ideaForge Strictly Private & Confidential
656,168 ft
200,000 m
36,089 ft 11,000 m
16,404 ft 5,000 m
9,843 ft 3,000 m
3,281 ft 1,000 m
Altitude (Above Ground Level (AGL))
984 ft 300 m
328 ft 100 m
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Strong Product Portfolio NINJA RYNO Q4i Q6 NETRA V4 Pro SWITCH Product Features Lightest UAV - Operable during day & night Micro category survey- grade UAV Small category VTOL & most economical with military grade standards Small category UAV. Quadcopter design enables large scale mapping Rugged & versatile quadcopter built for delivering success in a wide range of critical missions Fixed wing & VTOL hybrid, switch UAV. Advanced flight time, higher safety End Use Security and surveillance Mapping, land survey, mining area planning, construction & real estate Security & Surveillance, traffic & crowd management and disaster relief Large scale mapping projects Border security, public safety, coastal patrol, anti-smuggling, search & rescue, mapping Long range, high altitude, high endurance last mile surveillance & security Range Up to 2 kms Up to 4 kms Up to 4 kms Up to 10 kms Up to 15 kms Up to 15 kms Flight Time 20-25 minutes at MSL >40 mins at MSL >= 40mins at MSL >= 60 mins at MSL 90 mins at MSL >= 120 mins at MSL >= 90 mins at 4,500m altitude above MSL Payload HD daylight payload with 5x optical zoom/ thermal Mapping payload HD daylight payload with 10x optical zoom/ thermal HD daylight payload with 10x optical zoom/ thermal/Photogramme try payload HD daylight payload with 27x optical zoom/ thermal/mapping payload Daylight surveillance payload with 25x optical zoom/ thermal payload Dual Use Defence Civil	Strong Product Portfolio NINJA RYNO Q4i Q6 NETRA V4 Pro SWITCH Product Features Lightest UAV - Operable during day & night Micro category survey- grade UAV Small category VTOL & most economical with military grade standards Small category UAV. Quadcopter design enables large scale mapping Rugged & versatile quadcopter built for delivering success in a wide range of critical missions Fixed wing & VTOL hybrid, switch UAV. Advanced flight time, higher safety End Use Security and surveillance Mapping, land survey, mining area planning, construction & real estate Security & Surveillance, traffic & crowd management and disaster relief Large scale mapping projects Border security, public safety, coastal patrol, anti-smuggling, search & rescue, mapping Long range, high altitude, high endurance last mile surveillance & security Range Up to 2 kms Up to 4 kms Up to 4 kms Up to 10 kms Up to 15 kms Up to 15 kms Flight Time 20-25 minutes at MSL >40 mins at MSL >= 40mins at MSL >= 60 mins at MSL 90 mins at MSL >= 120 mins at MSL >= 90 mins at 4,500m altitude above MSL Payload HD daylight payload with 5x optical zoom/ thermal Mapping payload HD daylight payload with 10x optical zoom/ thermal HD daylight payload with 10x optical zoom/ thermal/Photogramme try payload HD daylight payload with 27x optical zoom/ thermal/mapping payload Daylight surveillance payload with 25x optical zoom/ thermal payload Dual Use Defence Civil	Strong Product Portfolio NINJA RYNO Q4i Q6 NETRA V4 Pro SWITCH Product Features Lightest UAV - Operable during day & night Micro category survey- grade UAV Small category VTOL & most economical with military grade standards Small category UAV. Quadcopter design enables large scale mapping Rugged & versatile quadcopter built for delivering success in a wide range of critical missions Fixed wing & VTOL hybrid, switch UAV. Advanced flight time, higher safety End Use Security and surveillance Mapping, land survey, mining area planning, construction & real estate Security & Surveillance, traffic & crowd management and disaster relief Large scale mapping projects Border security, public safety, coastal patrol, anti-smuggling, search & rescue, mapping Long range, high altitude, high endurance last mile surveillance & security Range Up to 2 kms Up to 4 kms Up to 4 kms Up to 10 kms Up to 15 kms Up to 15 kms Flight Time 20-25 minutes at MSL >40 mins at MSL >= 40mins at MSL >= 60 mins at MSL 90 mins at MSL >= 120 mins at MSL >= 90 mins at 4,500m altitude above MSL Payload HD daylight payload with 5x optical zoom/ thermal Mapping payload HD daylight payload with 10x optical zoom/ thermal HD daylight payload with 10x optical zoom/ thermal/Photogramme try payload HD daylight payload with 27x optical zoom/ thermal/mapping payload Daylight surveillance payload with 25x optical zoom/ thermal payload Dual Use Defence Civil	Strong Product Portfolio NINJA RYNO Q4i Q6 NETRA V4 Pro SWITCH Product Features Lightest UAV - Operable during day & night Micro category survey- grade UAV Small category VTOL & most economical with military grade standards Small category UAV. Quadcopter design enables large scale mapping Rugged & versatile quadcopter built for delivering success in a wide range of critical missions Fixed wing & VTOL hybrid, switch UAV. Advanced flight time, higher safety End Use Security and surveillance Mapping, land survey, mining area planning, construction & real estate Security & Surveillance, traffic & crowd management and disaster relief Large scale mapping projects Border security, public safety, coastal patrol, anti-smuggling, search & rescue, mapping Long range, high altitude, high endurance last mile surveillance & security Range Up to 2 kms Up to 4 kms Up to 4 kms Up to 10 kms Up to 15 kms Up to 15 kms Flight Time 20-25 minutes at MSL >40 mins at MSL >= 40mins at MSL >= 60 mins at MSL 90 mins at MSL >= 120 mins at MSL >= 90 mins at 4,500m altitude above MSL Payload HD daylight payload with 5x optical zoom/ thermal Mapping payload HD daylight payload with 10x optical zoom/ thermal HD daylight payload with 10x optical zoom/ thermal/Photogramme try payload HD daylight payload with 27x optical zoom/ thermal/mapping payload Daylight surveillance payload with 25x optical zoom/ thermal payload Dual Use Defence Civil	Strong Product Portfolio NINJA RYNO Q4i Q6 NETRA V4 Pro SWITCH Product Features Lightest UAV - Operable during day & night Micro category survey- grade UAV Small category VTOL & most economical with military grade standards Small category UAV. Quadcopter design enables large scale mapping Rugged & versatile quadcopter built for delivering success in a wide range of critical missions Fixed wing & VTOL hybrid, switch UAV. Advanced flight time, higher safety End Use Security and surveillance Mapping, land survey, mining area planning, construction & real estate Security & Surveillance, traffic & crowd management and disaster relief Large scale mapping projects Border security, public safety, coastal patrol, anti-smuggling, search & rescue, mapping Long range, high altitude, high endurance last mile surveillance & security Range Up to 2 kms Up to 4 kms Up to 4 kms Up to 10 kms Up to 15 kms Up to 15 kms Flight Time 20-25 minutes at MSL >40 mins at MSL >= 40mins at MSL >= 60 mins at MSL 90 mins at MSL >= 120 mins at MSL >= 90 mins at 4,500m altitude above MSL Payload HD daylight payload with 5x optical zoom/ thermal Mapping payload HD daylight payload with 10x optical zoom/ thermal HD daylight payload with 10x optical zoom/ thermal/Photogramme try payload HD daylight payload with 27x optical zoom/ thermal/mapping payload Daylight surveillance payload with 25x optical zoom/ thermal payload Dual Use Defence Civil	Strong Product Portfolio NINJA RYNO Q4i Q6 NETRA V4 Pro SWITCH Product Features Lightest UAV - Operable during day & night Micro category survey- grade UAV Small category VTOL & most economical with military grade standards Small category UAV. Quadcopter design enables large scale mapping Rugged & versatile quadcopter built for delivering success in a wide range of critical missions Fixed wing & VTOL hybrid, switch UAV. Advanced flight time, higher safety End Use Security and surveillance Mapping, land survey, mining area planning, construction & real estate Security & Surveillance, traffic & crowd management and disaster relief Large scale mapping projects Border security, public safety, coastal patrol, anti-smuggling, search & rescue, mapping Long range, high altitude, high endurance last mile surveillance & security Range Up to 2 kms Up to 4 kms Up to 4 kms Up to 10 kms Up to 15 kms Up to 15 kms Flight Time 20-25 minutes at MSL >40 mins at MSL >= 40mins at MSL >= 60 mins at MSL 90 mins at MSL >= 120 mins at MSL >= 90 mins at 4,500m altitude above MSL Payload HD daylight payload with 5x optical zoom/ thermal Mapping payload HD daylight payload with 10x optical zoom/ thermal HD daylight payload with 10x optical zoom/ thermal/Photogramme try payload HD daylight payload with 27x optical zoom/ thermal/mapping payload Daylight surveillance payload with 25x optical zoom/ thermal payload Dual Use Defence Civil	Defence
	NINJA	RYNO	Q4i	Q6	NETRA V4 Pro	SWITCH

Product
Features	Lightest UAV - Operable during day & night	Micro category survey- grade UAV	Small category VTOL & most economical with military grade standards	Small category UAV. Quadcopter design enables large scale mapping	Rugged & versatile quadcopter built for delivering success in a wide range of critical missions	Fixed wing & VTOL hybrid, switch UAV. Advanced flight time, higher safety
End Use	Security and surveillance	Mapping, land survey, mining area planning, construction & real estate	Security & Surveillance, traffic & crowd management and disaster relief	Large scale mapping projects	Border security, public safety, coastal patrol, anti-smuggling, search & rescue, mapping	Long range, high altitude, high endurance last mile surveillance & security
Range	Up to 2 kms	Up to 4 kms	Up to 4 kms	Up to 10 kms	Up to 15 kms	Up to 15 kms
Flight Time	20-25 minutes at MSL	>40 mins at MSL	>= 40mins at MSL	>= 60 mins at MSL	90 mins at MSL	>= 120 mins at MSL >= 90 mins at 4,500m altitude above MSL
Payload	HD daylight payload with 5x optical zoom/ thermal	Mapping payload	HD daylight payload with 10x optical zoom/ thermal	HD daylight payload with 10x optical zoom/ thermal/Photogramme try payload	HD daylight payload with 27x optical zoom/ thermal/mapping payload	Daylight surveillance payload with 25x optical zoom/ thermal payload

www.ideaforgetech.com

ideaForge Strictly Private & Confidential

BlueFire Touch - Autonomy Capabilities

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Moving Target Indicator (MTI)

Target Tracking

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People Counting and Detection

People Counting and Detection at Night

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Area of Interest (upcoming)

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Line of Interest (upcoming)

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www.ideaforgetech.com

ideaForge Strictly Private & Confidential

Driven By Innovation & Indigenization DNA

Started making UAVs in 2004 - No ecosystem or readymade off-the-shelf components and software available UAVs built around the philosophy of Performance, Reliability & Autonomy – Critical to have end-to-end control of the hardware and software

Autopilot

Communication Systems

First open-source ideaForge developed and autopilot for drones supplied world’s smallest & (ArduPilot) developed in lightest autopilot in 2008 to 2009, PX4 in 2011 various govt. labs in India

Advent of 4G in India & band licensing straddled ideaForge developed its open bands on both sides own communication very closely creating approaches and protocols challenges for COTS

Payloads

Software

Building multiple zoom payloads since beginning (first drone delivered in 2010 with zoom payload)

Built Ground Control and other software in-house to extract maximum performance from the hardware

www.ideaforgetech.com

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ideaForge Strictly Private & Confidential

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Driving Indigenization While Ensuring Security
78
Autopilot Airframe Motor & Propellor Battery Global
Patents
Patents: 11 Patents: 07 Patents: 02
Radio & Data Transmission
H/w S/w Patents: 01
H/w S/w Patents: 02 Command & Control
High Range Centers (third-party)
Communication systems
BlueFire Live! Video Stream &
ONVIF Payload Control
License Management
Server
S/w
Ground Control Pre-flight self check
Ground Comm
Payloads (EO/IR) Hardware: part COTS Integrated application software with the
geographical map and video view
Gimbal stabilisation H/w
S/w
Real-time video streaming
GNSS Denied Navigation Payload design (EO/IR)
S/w Patents: 07
H/w S/w Patents: 02
Payloads Evolution
S/w Stack Patents: 03
www.ideaforgetech.com
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ideaForge Strictly Private & Confidential

Building The Future Ecosystem For Drones

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Betting on Indian Technology

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www.ideaforgetech.com

ideaForge Strictly Private & Confidential

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Script Code- BSE: 543932 NSE: IDEAFORGE

Thank you

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ideaForge Strictly Private & Confidential

AI assistant

IDEAFORGE TECHNOLOGY LIMITED — Investor Presentation 2025

61104_rns_2025-01-28_4f271de9-48ca-475b-8a39-4f2910a53f5c.pdf

Sub: Investor/Analyst Presentation for the quarter and nine months ended December 31, 2024, of ideaForge Technology Limited (“the Company”).

Investor Presentation

Disclaimer

ideaForge – At a Glance

Q3 FY25 Performance Highlights

CEO’s Review

Revenue from Operations

Financial Summary

Key Management Team

Vishal Saxena

VP – Sales & Business Development

Nilesh Jaywant

Sr. Manager, Legal & Compliances

Board of Directors

Ankit Mehta

Rahul Singh

Ashish Bhat

Mathew Cyriac

Ganapathy Subramaniam

Sutapa Banerjee

Vikas Balia

15+ Years of Building along with Customers

2004-08

Designed, built and tested in India to be operated anywhere in the world

Fully qualified UAVs to ensure survival in

Difficult to detect

~~V~~ s ideaForge’s Forte – Man-Portable Micro & Small/Mini UA

BlueFire Touch - Autonomy Capabilities

Moving Target Indicator (MTI)

Target Tracking

People Counting and Detection

People Counting and Detection at Night

Area of Interest (upcoming)

Line of Interest (upcoming)

Driven By Innovation & Indigenization DNA

Autopilot

Communication Systems

Payloads

Software

Building The Future Ecosystem For Drones

Thank you

More from IDEAFORGE TECHNOLOGY LIMITED

IDEAFORGE TECHNOLOGY LIMITED Investor Presentation 2025

V s ideaForge’s Forte – Man-Portable Micro & Small/Mini UA