Paras Defence and Israel’s HevenDrones Form Joint Venture to Produce Hydrogen-Powered Drones in India.
Science and Technology
In May 2025, Navi Mumbai (Maharashtra)-based Paras Defence & Space Technologies Limited, a prominent Indian defence engineering company, signed a Memorandum of Understanding (MoU) with Israel-based HevenDrones Limited, a subsidiary of the United States of America (USA)-based Heven, to form a Joint Venture (JV). The partnership aims to design, manufacture, and supply hydrogen-powered drones, marking a first-of-its-kind initiative in India.
- The JV is aligned with the Government of India’s ‘Make in India’ initiative, intending to indigenously develop next-generation Unmanned Aerial Systems (UAS) with cutting-edge hydrogen fuel cell technology.
- The hydrogen-powered drones will offer extended flight endurance, modular payload capability, and ready-to-fly configurations, making them suitable for a range of commercial and defence applications.
- These drones are designed to support operations in remote and border logistics, tactical surveillance, high-altitude missions, and defence supply chains, addressing India’s growing strategic and logistic needs.
Main Point :- (i) HevenDrones will contribute the core technology, working prototypes, and production manuals to the JV, bringing advanced drone development expertise from Israel.
(ii) Paras Defence will oversee the manufacturing, regulatory compliance, sales, and operational execution of the JV within India, ensuring seamless integration and scaling.
(iii) The JV’s board will include members from both Paras Defence and HevenDrones. A Chief Executive Officer (CEO), Chief Financial Officer (CFO), and Chief Operating Officer (COO) will be jointly appointed to manage the company’s operations.
About Paras Defence & Space Technologies Limited
Chairman and Non-Executive Director : Sharad Virji Shah
MD : Munjal Sharad Shah
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