IDEAFORGE TECHNOLOGY LIMITED — Investor Presentation 2026

Jun 7, 2026

www.ideaforgetech.com

IdeaForge
Create. Inspire

June 07, 2026

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

Sub: Disclosure of Material Event / Information under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Corporate Presentation.

Dear Madam/Sir,

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended please find enclosed a copy of the corporate presentation for your records.

The said presentation is also uploaded on the website of the Company at https://ideaforgetech.com/

You are requested to take the same on record.

Thanking you,

For ideaForge Technology Limited

NILESH
RANJAN
JAYWANT

Digitally signed by NILESH
RANJAN
JAYWANT

Nilesh Ranjan Jaywant
Company Secretary & Compliance Officer
Membership No. A26554

ideaForge Technology 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: info@ideaforgetech.com CIN No. L31401MH2007PLC167669

---

IdeaForge® Create Images

BUILT

DIFFERENT

June 2026

---

Disclaimer

This presentation is issued by ideaForge Technology Limited ("Company") for general information purposes only, without regard to specific objectives, suitability, financial situations and needs of any particular person. 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 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. No person is authorized to give any information or to make any representation not contained in or inconsistent with this presentation and if given or made, such information or representation must not be relied upon as having been authorized by any person. Failure to comply with this restriction may constitute a violation of applicable laws.

No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This presentation may include statements which may constitute forward-looking statements. When used in this document, the words "anticipate", "believe", "could", "estimate", "expect", "going forward", "intend", "may", "ought" and similar expressions, as they relate to the Company or the Company's management, are intended to identify forward-looking statements. All statements that address expectations, assumptions, anticipated developments or projections about the future, including, but not limited to, statements about the strategy for growth, business development, market position, expenditures, and financial results, are forward looking statements. Forward looking statements are based on certain assumptions and expectations of future events and are affected by factors including but not limited to, risk and uncertainties regarding any changes in the laws, rules and regulations relating to any aspects of the Company's business operations, general economic, market and business conditions, new or changed priorities of trade, significant changes in political stability in India and globally, government regulations and taxation, litigation, competition among others over which the Company does not have any direct control. The Company cannot, therefore, guarantee that the forward-looking statements made herein shall be realized. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

This presentation should not be relied upon as a recommendation or forecast by the Company. Please note that the past performance of the Company or its Subsidiary is not, and should not be considered as, indicative of future results. The Company cannot guarantee that these assumptions and expectations are accurate or will be realised. The actual results, performance or achievements, could thus differ materially from those projected in any such forward-looking statements. The Company does not undertake to revise any forward-looking statement that may be made from time to time by or on behalf of the Company. Given these risks, uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward-looking statements. This presentation may not be copied or disseminated, in whole or in part, and in any manner or for any purpose. The information contained in these materials has not been independently verified.

None of the Company or its Subsidiary, its Directors or affiliates nor any of its or their respective employees, advisers or representatives or any other person accepts any responsibility or liability whatsoever, whether arising in tort, contract or otherwise, for any errors, omissions or inaccuracies in such information or opinions or for any loss, cost or damage suffered or incurred howsoever arising, directly or indirectly, from any use of this document or its contents or otherwise in connection with this document, and makes no representation or warranty, express or implied, for the contents of this document including its accuracy, fairness, completeness or verification or for any other statement made or purported to be made by any of them, or on behalf of them, and nothing in this presentation shall be relied upon as a promise or representation in this respect, whether as to the past or the future. By reading this presentation the recipient acknowledges that the recipient will be solely responsible for its own investigation, assessment and analysis of the market and the market position of the Company and that the recipient will conduct its own analysis and be solely responsible for forming its own view of the potential future performance of the business of the Company. This presentation may not be all inclusive and may not contain all of the information that the recipient considers material.

The information and opinions contained in this presentation are current, and if not stated otherwise, as of the date of this presentation. The Company undertakes no obligation to update or revise any information or the opinions expressed in this presentation as a result of new information, future events or otherwise. Any opinions or information expressed in this presentation are subject to change without notice. Further, certain financial and operational numbers may have been rounded off. Neither this document nor any part or copy of it may be distributed, directly or indirectly, in the United States. This presentation is not an offer to sell or a solicitation of any offer to buy the securities of the Company in the United States or in any other jurisdiction where such offer or sale would be unlawful. Securities may not be offered, sold, resold, pledged, delivered, distributed or transferred, directly or indirectly, in to or within the United States absent registration under the United States Securities Act of 1933, as amended (the "Securities Act"), except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States. The Company's securities have not been and will not be registered under the Securities Act. The distribution of these materials in certain jurisdictions may be restricted by law and persons into whose possession these materials comes should inform themselves about and observe any such restrictions. Accordingly, any persons in possession of the aforesaid should inform themselves about and observe any such restrictions. By reviewing this presentation, you agree to be bound by the foregoing limitations. You further represent and agree that you are permitted under the laws of your jurisdiction to receive this presentation.

As a recipient or reader of this document, you agree to be bound by the foregoing limitations and conditions and, in particular, will be taken to have represented, warranted and undertaken that you will not at any time have any discussion, correspondence or contact concerning the information in this document with any of the directors or employees of the Company nor with any of their customers or suppliers, or any governmental or regulatory body without the prior written consent of the Company. Any failure to comply with these restrictions may constitute a violation of applicable securities laws. Further, you may not repackage or sell the presentation. Information contained in a presentation hosted or promoted by the Company is provided "as is" without warranty of any kind, either expressed or implied, including any warranty of fitness for a particular purpose.

ideaForge Strictly Private & Confidential

ideaForge

---

List of Acronyms/ Abbreviations

Acronym	Details
C-UAS	Counter UAS
COO	Country of Origin
COTS	Commercially Off The Shelf
DFPDS	Delegation of Financial Powers to Defence Services
DGCA	Directorate General of Civil Aviation
DGQA	Directorate General of Quality Assurance
EO/IR	Electro-Optical/Infrared
EW	Electronic Warfare
FFIMU	Fit for Indian Military Use
GNSS	Global Navigation Satellite System
HALE	High Altitude Long Endurance
HAPS	High Altitude Platform Station
IIT	Indian Institute of Technology
ISR	Intelligence Surveillance Reconnaissance
LM	Loitering Munition
M.E.	Mechanical Engineering
MALE	Medium Altitude Long Endurance
Acronym	Details
---	---
MoD	Ministry of Defence
MSL	Mean Sea Level
MTOW	Maximum Take-off Weight
NATO	North Atlantic Treaty Organization
NDAA	National Defense Authorization Act
NSN	NATO Stock Number
ONVIF	Open Network Video Interface Forum
PG	Post Graduate
SINE	Society for Innovation & Entrepreneurship
TC	Type Certificate
UAS	Unmanned Aerial System
UAV	Unmanned Aerial Vehicle
VTOL	Vertical Take-off & Landing

ideaForge Strictly Private & Confidential

ideaForge

---

Built Different: ideaForge at Glance

Market Leadership Built on Proven Execution

Publicly listed Company in India (NSE & BSE)¹

$360+ Million of market cap²

3rd rank globally in the dual-use drone category³

19+ years in UAV business

108 patents in portfolio (granted + pending)⁶

500+ employees²

950,000+ missions completed⁴

Every 3 minutes, ideaForge drone takes off for a mission⁵

DGQA (fit for Indian military use), DGCA (type-certification), NATO (NSN) recognised platforms

ideaForge Strictly Private & Confidential

ideaForge

Crude. Inspire

1. National Stock Exchange (NSE) & Bombay Stock Exchange (BSE)
2. As of May 2026
3. As of 31st December 2024, based on a global report by Drone Industry Insights (DII)
4. As of 31st May 2026
5. On average for surveillance & mapping in FY27
6. As of 31st May 2026 – 56 granted & 52 pending

---

Built Different: ideaForge at Glance

Leadership

Ankit Mehta
Chief Executive Officer
Bachelor of Tech. (M.E.) & Master of Tech. | IIT Bombay

Rahul Singh
VP – Engineering
Bachelor of Technology (M.E.) | IIT Bombay

Ashish Bhat
VP – R&D
Bachelor of Technology (E.E.) | IIT Bombay

Vipul Joshi
Chief Financial Officer
B.Com (Hon.) | Jai Narain Vyas University, Jodhpur
MBA | University of Business & Finance, Switzerland

Vishal Saxena
VP – Sales & BD
Bachelor in Sci. & Tech. | Jawaharlal Nehru University, New Delhi
PG in Management | Indian School of Business, Hyderabad

ideaForge Strictly Private & Confidential

ideaForge

---

Built with Customers: 19+ Years from Design to Deployment

1. Source: 1Lattice Report
2. As of 31st December 2024, based on a global report by Drone Industry Insights (DII)

ideaForge Stricly Private & Confidential

Developed NETRA UAV with a Government of India entity

• In 2009, ideaForge developed one of the world's smallest & lightest autopilot of its time!
• Demonstrated NETRA at DefExpo - India's first quadcopter drone!
• Early prototype featured in Bollywood movie "3 Idiots"!
• First drone sale to a State Police Department

Executed drone mapping deployments under SVAMITVA Scheme

• 2020 – Top Indian MSME for Patents & Commercialisation (National IP Awards)
• 2021 – National Geospatial Award (FICCI)
• 2021 – Best Drone Company (ASSOCHAM Civil Aviation & Cargo)
• 2021 Horrible Raksha Mantri Shri Rajnath Singh launches NETRA V4 UAV at Aero India 2021

Launched next-gen UAVs: NETRA S & SWITCH V2

• Unveiled Logistics UAV (VETI) & Tactical UAV (ZOLT) concepts, and launched QK-22 Gen UAV platforms
• 100+ global patent filings across core UAV technologies
• Secured a ₹137.4 Cr (US$ 15,9M) MoD order for Mini UAVs and ₹107.3 Cr (US$ 12.1M) for supply of AFDS/Tactical class UAVs and Hybrid UAVs
• SWITCH UAV certified "Fit for Indian Military Use" by DCQA and assigned a NATO Stock Number (NSN)
• 6 UAVs got type certified by the DCCA
• Ranked 3rd globally in the dual-use drone category²
• ZOLT UAV showcased at India's 77th Republic Day Parade as part of India's indigenous defence technology display

ideaForge Founders built one of India's first quadrotor drones at a college fest

• Company incorporated and incubated at SINE, Bombay
• In 2007 & 2008, ideaForge developed and supplied autopilot for Micro Air Vehicle to IIT Bombay and govt. labs¹

Launched NETRA V2, NAF, NETRA V3

• Developed SWITCH UAV – India's first hybrid VTOL fixed-wing drone²
• Secured ₹38.8 Cr (US$ 6.3M)* contract from Govt. of India
• Backed by strategic investors in first institutional funding
• 2017 – Best Product Design Company (IESA Deftronics Award)
• 2018 – Business Innovation Award (MIF Awards)

Established a wholly-owned subsidiary in the US

• Secured India's largest Mini-VTOL contract valued at time ₹187.5 Cr (US$ 24.8M)*²
• Publicly listed on NSE & BSE
• Introduced BlueFire platforms & SaaS-DaaS tech stack
• 2023 – National Technology Award (Dept. of Science & Technology, Govt. of India)

a. US$1 = ₹61.49 as of Jan 23, 2015, Source: http://www.rbi.org.in/
b. US$1 = ₹75.49 as of Feb 28, 2022, Source: http://www.fbil.org.in/
c. US$1 = ₹86.61 as of Jun 22, 2025, Source: http://www.fbil.org.in/
d. US$1 = ₹88.74 as of Nov 14, 2025, Source: http://www.fbil.org.in/

Note: Exchange rate is rounded off to two decimal point and in case the relevant date is a public holiday, the previous Working Day not being a public holiday has been considered.

Images are for representation purposes only

ideaForge

Create Inspire

---

Built for Impact Across Sectors

Security

Surveillance

Patrolling

Emergency

Surveying

Mapping

Mining

Infrastructure

Railways

Construction

Forest

Disaster

Inspection

Environmental

Research

Agriculture

Fisheries

Image&Care for representation purposes only

ideaForge

IdelaForge

Create Image

---

The Opportunity

All images in the slide are dummy images. No client data is shown or used and the images are, only for illustrative purposes

---

Global Tailwinds

Defence:

Ukraine Drone Production:

• 3,000 in 2022
• 2.2 Million in 2024
• Projected 4.5 Million in 2025

Evolution from adoption curve to widespread drone ecosystem expansion ("Species Migration")

Operation Sindoor: The Domestic Proof Point

Indigenous UAVs and C-UAS successfully countered waves protecting infrastructure

Accelerated & Scaled up Procurement

• Capital:
• ₹1,981.90 Cr Emergency Procurement (EP6)
• ₹20,000 Cr Fast-Track Procurement roadmap in progress
• Revenue: DFPDS 2026 - MoD triples ceiling of funds at disposal of field commanders for operational procurements

2026 UAS Capability Roadmap

Identified 30 distinct drone types for long term demand visibility
- Surveillance
- Special roles
- Logistics
- Loitering munitions
- Air defense roles

Global:

The Rise of Trusted Supply Chains

• Trusted-origin manufacturers
• Restrictions on foreign entities through
• US Security Drone Act (NDAA)
• FAA regulations

The "Replicator" Initiative

• Fielding thousands of "attributable" autonomous systems at scale.

Global Counter-Drone Specialization

• Australia: AUD 1.3 Billion investment over 10 years in Counter-UAS (C-UAS)
• European Union: Dedicated Drone Alliance for industrialization

Civil:

National-Scale Mapping Initiatives

• SVAMITVA - 3.28L villages; 2.76 Cr property cards
• NAKSHA - Land record digitisation across 157 ULBs, 29 states & UTs
• Op. Dronagiri - Real-world targeted applications via GIS

Institutionalized Monitoring

• NHAI mandates monthly drone-video highway audits
• Railways deploy drones for:
• Track surveillance Bridge surveillance
• Bridge surveillance

images are for representation purposes only

ideaForge

Crude. Inspire

ideaforge

---

Advantage ideaForge

All images in the slide are dummy images. No client data is shown or used and the images are, only for illustrative purposes

---

Built on Indigenous Innovation

Founders of ideaForge started making UAVs in 2004

No ecosystem or readymade off-the-shelf components and software available in India

UAVs built around the philosophy of Performance, Reliability, Resilience, & Autonomy

Critical to have end-to-end control of the hardware and software

Autopilot

• Mainstream open-source autopilots for drones (ArduPilot)¹ developed in 2009, PX4 in 2011²
• ideaForge developed and supplied autopilot for Micro Air Vehicles (MAV) in 2007³

Payloads

Building multiple zoom payloads since beginning (first drone delivered by ideaForge in 2010 with day/night vision camera)

Communication Systems

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

Software

Designed & developed ground control software in-house and is one of the few OEMs globally to have its own proprietary ground control software²

EW Resilience Stack

Indigenously developed dual-layer navigation and communication resilience: Visual Positioning System (VPS) for GNSS-denied operations, CRPA for anti-jamming and anti-spoofing. Proven in contested electromagnetic environments

1. https://ardupilot.org/dev/docs/common-history-of-ardupilot.html
2. https://auterion.com/company/the-history-of-pixhawk/
3. Source: 1Lattice Report

---

Built for Secure & Sovereign Systems

Systems	Designed	Developed	Manufactured	Life Cycle Support	COO of ideaForge Subsystems
Autopilot	ideaForge	ideaForge		ideaForge
Radio & Data Transmission	ideaForge	ideaForge		ideaForge
Payloads (EO/IR)	ideaForge	ideaForge		ideaForge
GNSS Denied Navigation	ideaForge	ideaForge		ideaForge
Operating Software	ideaForge	ideaForge		ideaForge

50%+ workforce

in Technology & Product Development

20%+ revenue

invested in Product Development

IdeaForge Strictly Private & Confidential

Images are for representation purposes only

IdeaForge

Create, Inspire

---

108 Global Patents¹

Built on Core Technology Depth

Autopilot

1. As of 31st May 2026 – 56 granted & 52 pending

Airframe
Patents: 11

Motor & Propeller
Patents: 07

Battery
Patents: 04

Control System
Patents: 02

Command & Control Centers (third-party)
BlueFire Live! Video Stream & ONVIF Payload Control

License Management Server
S/w

Pre-flight self check
Integrated application software with the geographical map and video view
Real-time video streaming

ideaForge

Create, Inspire

ideaForge

1. As of 31st May 2026 – 56 granted & 52 pending

108

---

Built for End-to-End Mission Control

Product Development Centre	Managing Supply Chain	Manufacturing Facilities	Testing	Packaging	After Sales
• 300+ employees
• Proprietary full-stack: autopilot, GCS, AI and payloads, all in-house
• 108 Patents¹	• Focusing on Cost competitiveness and import dependence reduction
• Indigenisation levels of 60%	• AS9100D, ISO9001 certified facility in Navi Mumbai
• Automation systems, vertically integrated production	• AS9100D certified (aerospace quality standard)
• ESS Chamber, Vibration table, PCBA testing
• 6+ DGCA Type Certified platforms	• Easily Portable
• Waterproof, mission-ready transit cases	• ideaForge “Care” - 24x7 subscription support, PAN India
• Service center in Leh, and North-East regions; Service on wheels
• DIA- AI-powered customer support assistant

Vertically Integrated operations end-to-end enables design, develop, engineer and manufacture our UAVs

1. As of 31st May 2026 – 56 granted & 52 pending

images are for representation purposes only

ideaForge

Create Inspire

ideaForge®

---

Building the Drone Ecosystem of the Future

FFLIGHT
GRADUATE FUEL FAIRS

FLIGHT
CLOTHES

• Mining
• Utilities
• Construction

• Forestry

• Surveillance Payloads (Daylight, Thermal, Dual)

• Synthetic Aperture Radar
• LiDAR Payloads
• Multispectral Payloads
• Hyperspectral Payloads

BlueFire Touch
PLAN - COMMAND - SUCCEED

• Multirotors (Q Series, NETRA Series)
• Small VTOL Hybrid (SWITCH Series)
• Medium VTOL Hybrid (ZOLT Series)

Images are for representation purposes only

ideaForge
Create Inspire

ideaForge Strictly Private & Confidential

---

AlleeForge

Life is On

SideForge

Strictly Private & Confidential

---

Built for Dual-use

ideaForge Strictly Private & Confidential

---

Built and Tested for Varied Terrain & Climate Conditions

Sir Creek & Sundarbans
Marshes and Sea

Built for Mission-Critical Moments

No compromise on performance

Designed for varied terrain and climate conditions

Qualified for sustained operation in:

• Extreme temperatures
• High humidity
• Marine environments
• Heavy rainfall
• Dust and sand conditions

Designed for tactical discretion:

• Low noise signature leading to reduced detectability

Ideal Form
1000000000000000000000000000000000000000000000000000000000000000000000

Go anywhere capability

All images in the slide are dummy images. No client data is shown or used and the images are only for illustrative purposes

ideaForge Strictly Private & Confidential

ideaForge
Create Inspire

---

Built for Mission Versatility

	Q4i	Q6 V2	Q6 V2 Geo	NETRA V4 PRO	NETRA 5	SWITCH	SWITCH V2	ZOLT
Product
Features	Versatile Scout
All-purpose Quadcopter that delivers success in industrial applications	Rugged & versatile quadcopter built for delivering success in wide range of mission critical applications	Map Where Others Can't
A Quadcopter with variety of compatible payloads for mapping	Versatile Workhorse
Rugged & versatile quadcopter built for delivering success in a wide range of mission critical applications	UNMATCHED RESILIENCE
Future-proof platform with Onboard AI, open interface for payloads, collision avoidance & AES 256 encryption	All Terrain Dominator
VTOL-Fixed Wing Hybrid with Long Range & High Endurance	All Terrain Dominator
Enhanced multi-role capability; 25% overall boost in performance over consistency & reliability of V1	Unmatched Versatility. Unrivaled Performance
Built for Impact. A Transformative Force Multiplier for Modern Missions
End Use	Security & Surveillance, crowd management, mining site planning	Public safety, defence, day & night vigilance, mapping, disaster response	Large scale mapping, urban planning, digital twin, forest & agri mapping	Public safety, emergency response, mapping, defence	Security & Surveillance, disaster relief and mapping	Public safety, defence, day & night vigilance, utility	Border Security, disaster response, ISR, threat assessment	ISTAR & fire correction, tactical multi-role drone swarms, border management, disaster management
Flight Time & Range	>= 40 mins (1000m AMSL)
Up to 4 kms	>= 60 mins (MSL)
Up to 2 kms	55 mins (MSL), 50 mins (LiDAR),
Up to 5 km RLOS and 2 km VLOS)	Up to 75 mins (1000m AMSL)
Up to 15 kms	60 minutes (Take off 1000m AMSL), 10 Km	Extendable upto 15 km	>= 120 mins (1000 AMSL), Over 15 kms	150 mins (up to 1000m AMSL), Over 20 kms	Upto 3 hours (MSL), Up to ~50Km
Payloads	HD daylight payload with 10x optical zoom, thermal payload, multispectral	HD daylight payload with 27x optical zoom, thermal, Photogrammetry payload, Multispectral	LiDAR, RGB imaging, photogrammetry, 3D oblique imaging, dual day-night payload	HD daylight payload with 27x optical zoom, thermal, mapping payload	Primary: Dual Integrated EO (30x) & IR, Secondary: LiDAR, Multispectral, SAR, Mapping, Drop Payload (up to 2kg)	Daylight surveillance payload with 25x optical zoom, Thermal	Daylight surveillance payload with 30x FHD, thermal payload, Oblique, dual payload, and, mapping Payload	Daylight surveillance payload with 30x FHD/ thermal payload & DOOAF payload

ideaForge Strictly Private & Confidential

Images are for representation purposes only

ideaForge

---

YETI: Game Changer Logistics UAV Platform

YETI, ideaForge's logistics drone, delivers uncompromised performance in any environment—day or night. Designed for autonomous operations, rapid turnaround, and versatile payload configurations, it ensures mission success across cargo transport, medevac, and personnel deployment.

Medical Evacuation Mode

Optimized for rapid response with a 200 kg payload with a 50 km range

Tactical Transport Mode

Enhanced lifting capability of 200 kg with a 50 km operational range

Delivery in Cargo Mode

Acurate delivery of cargo, 50 - 200 kg with a 200 - 50 km range (customizable)

Middle to Long range version

All images in the slide are dummy images. No client data is shown or used and the images are only for illustrative purposes

ideaForge

YETI

1

ideaForge

Create Inspire

---

Built For Contested Environments

Platform	Autonomous Navigation	Autonomous Return to Home (RTH)	Landing	Take-off
	☑	☑	☑	☑
	☑	☑	☑	☑
	☑	☑	☑	☑
	☑	☑	☑	☑

Images are for representation purposes only

IdeaForge

Create Inspire

ideaForge Strictly Private & Confidential

---

Built to Deliver Impact

	ISR	Mapping	Inspection	Offensive (Precision Strike, LM, Kamikaze)*	Cargo Logistics
Small Multirotors
Medium Multirotors
Small eVTOL Hybrids
Medium eVTOL Hybrids
Large eVTOL Hybrids

Available
Under Development

• through partnerships with ammunition experts (ideaForge platform + partner payload)

ideaForge Strictly Private & Confidential

ideaForge

---

Combat Drone Capability Breakdown

Item/Scope		Mode		Tech Maturity
	Airframe	Self		Matured
	Propulsion	Self		Matured
	Electronics/Intelligence	Self		Matured
	Targeting	Self		Under Development
	Munition	Partner		Matured
	Munition Integration	Self and/or Partner		Under Development

Image&ware for representation purposes only

ideaForge

Create Inspire

---

ideaForge Labs: Pushing Boundaries of Innovation

Operations in EW Environment

Take-off & Landing from Seaborne (Moving) Platform

Grenade Dropping

AI-based Wagon Load Detection

Swarming - Multi-UAV Flight

ZOLT Ready for Flight

Air-Launched Effects

3D Mapping in FLYGHT CLOUD

images are for representation purposes only

IdeaForge

Create Inspire

ideaForge Strictly Private & Confidential

---

Built to Thrive

Product Diversification

Multirotor

Small VTOL Hybrid

Medium VTOL Hybrid

Large VTOL Hybrid

Intended Geographical Diversification

Data

North America
Latin America
Asia Pacific
UK

What we are not doing directly

• Consumer drones (photography, videography),
• Last-mile delivery
• Agri-spraying

Diversification Strategy

Business Model Diversification

• Product Sale
• After Sales (AMC, iFCare, Upgrades)
• Drone as a Service
• Software Solutions
• Components/ subsystems
• Integrated solutions

Use Cases / Application

ISR

Mapping

Logistics & Mobility

Combat Drones

Image&Care are for representation purposes only

IdeaForge

Create Inspire

ideAForge

---

ideaForge's Competitive Edge

| 01
950,000+ missions completed | 02
World-class certifications
AS9100, DGQA FFIMU, NATO NSN, ISO9001, ISO27001 | 03
End-to-end technology control |
| --- | --- | --- |
| 04
High level of indigenisation | 05
Established and scalable manufacturing operations | 06
Wide and Diverse network of suppliers |
| 07
Deep customer understanding
Secured numerous contracts for defence and homeland applications | 08
Diversified product portfolio
and strong relationships with a diverse customer base | |

image&s are for representation purposes only

ideaForge

Image

Stricly Private & Confidential

---

Industry Overview

All images in the slide are dummy images. No client data is shown or used and the images are only for illustrative purposes

---

Global Drone Market Segmentation by Application & Use Case

ideaForge Strictly Private & Confidential

IdeaForge Credit: Inspire

By Application

By Use Case

---

Use Cases in Defence

All images in the slide are dummy images. No client data is shown or used and the images are only for illustrative purposes

ideaForge Strictly Private & Confidential

ideaForge Credit Empire

---

Use Cases in Civil

LOGISTICS

India: Life-saving medicines / vaccines delivery in Telangana Global: Used to transport test samples and medical supplies in Ghana and Rwanda

UTILITIES

India: Tata Power took up O&M of power lines in Delhi and Telangana using drones for inspection of towers

PUBLISHING SAFETY

India: Delhi police used drones during assembly elections & riots in the city

Global: Police departments & public safety agencies use drones to help locate missing people / suspects etc

AGRICULTURE

India: Kisan drones used for crop assessment, land records, insecticide spraying

GIS, CONSTRUCTION & REAL ESTATE

India: SVAMITVA program – Mapping villages, land survey mapping

Global: Industrial SkyWorks Inc. (Canada), have used drones to examine walls & roofs of structures at night

MINING AND OIL & GAS

India: Royal Dutch Shell uses drones in oil & gas and daily surveillance

ideaForge Strictly Private & Confidential

Images are for representation purposes only

ideaForge

---

Global Regulatory Environment

Country	Drone operations		Sector-specific enablement				Support for growth & innovation		Market favourability
	Licensing & registration	BVLOS permissions	Defence framework	Agriculture deployment	Industrial usage	Commercial operations	Government support & vision	Innovation support
Australia	●	●	●	●	●	●	●	●	●
China	●	●	●	●	●	●	●	●	●
UK	●	●	●	●	●	●	●	●	●
USA	●	●	●	●	●	●	●	●	●
India	●	●	●	●	●	●	●	●	●
UAE	●	●	●	●	●	●	●	●	●
Kenya	●	●	●	●	●	●	●	●	●
Sri Lanka	●	●	●	●	●	●	●	●	●

Drone Permission in India

Source: 1Lattice report

Image

are for representation purposes only

ideaForge Strictly Private & Confidential

ideaForge® Credit, Inspire

---

India's Drone Journey: Regulatory & Industry Ecosystem Evolution

Pre-2014

• India relied heavily on imported military UAV platforms¹
• First use of drones was observed by Indian Army during Kargil war with Pakistan in 1999¹

2021

• Unmanned Aircraft Rules 2021 - Rules with severe licensing² replaced by liberalised Drone Rules 2021¹
• Launch of SVAMITVA Scheme to digitise land records in rural India¹
• ~90% of Indian airspace classified as green zone²
• Production-linked incentive (PLI) Scheme for drones and drone components¹

2023

• Policy for export of drones liberalised through General Authorisation for Export of Drones (GAED)²
• Passport requirement removed for application of Remote Pilot Certificate (RPC)²

2014-2020

• 2014: Government imposed a blanket ban on private use of drones (2014)¹
• 2018: DigitalSky & Civil Aviation Requirements (CAR 1.0) regulatory framework with No Permission No Take-off (NPNT)²
• 2020: Drones were used to conduct sanitization drives during COVID-19¹

2022

• Certification Scheme for Unmanned Aircraft Systems 2022 notified²
• Mission 'Drone Shakti' launched as part of the Union Budget²
• Ban on import of foreign drones by DGFT²
• HSN codes for Drones and Drone Component specified²

2025

• Certification Scheme for Unmanned Aircraft Systems 2022 notified²
• Mission 'Drone Shakti' launched as part of the Union Budget²
• 2025: Draft Civil Drone (Promotion and Regulation) Bill, 2025 released for public comments

• 2025: GST rate rationalisation, uniform 5%

• Source: 1Lattice Report

• Drone Federation of India (DFI). Report

ideaForge Strictly Private & Confidential

ideaForge

---

Thank You