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Spirit Aeronautical Systems SA, specializing in the design and manufacture of Unmanned Systems, and Garuda Aerospace SA, an Indian company that manufactures drones for civil applications, entered into a strategic partnership by jointly signing two mutual cooperation contracts.
As emphasized in a relevant announcement, this collaboration is going to redefine the landscape of drone manufacturing and distribution both in the Indian market and its wider area of influence as well as in Greece / Europe / Africa, but also in the provision of services, bringing together the unique advantages and the expertise of both companies.
The key objectives of this partnership include expanding markets, promoting innovation, and facilitating the exchange of technology, experience, and best practices.
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Key Points of the Partnership
- Reseller Agreement: The companies have committed to act as resellers for each other’s products, strengthening their presence in various markets. Because of this strategic move, it is expected that each Company’s products will enter new markets, leveraging the strengths of their product portfolio.
- Technology transfer: Spirit Aeronautical Systems SA and Garuda Aerospace SA recognize the importance of technological advancements in the rapidly evolving drone industry. Both companies have agreed to actively exchange and transfer cutting-edge technologies, facilitating the development of state-of-the-art products that meet the highest quality and performance standards.
- Experience Sharing: With a shared commitment to excellence, both companies will engage in a robust exchange of experiences and best practices. This collaborative approach aims to elevate overall industry standards by combining the wealth of knowledge gained by Spirit Aeronautical Systems SA in the manufacture of armed drones and the expertise of Garuda Aerospace SA in civilian drone applications.
- Quality Assurance: Recognizing the importance of maintaining the highest level of quality in their products, both companies are unwavering in their commitment to deliver superior, reliable, and technologically advanced drones to their customers. This commitment to quality assurance is expected to set new benchmarks in the industry.
Mr. Michalis Spyridakos, President & CEO of Spirit Aeronautical Systems SA, stated that this partnership marks an important milestone for the company, while the collaboration with Garuda Aerospace SA not only expands the company’s market presence, but also facilitates the exchange of invaluable technology. The goal is to lead the industry to innovation and excellence, he concluded.
Mr. Bruno Escojido, Chief Strategy Alliance Officer of Garuda Aerospace SA, commented that the latter is excited to join forces with Spirit Aeronautical Systems SA in this strategic partnership. The partnership reflects their commitment to providing cutting-edge technology solutions for military and non-military drone applications. By leveraging the strengths of both companies, he is confident that they will take their successes to a higher level and offer unparalleled value solutions to their customers, he pointed out.
The announcement concludes by noting that this pioneering collaboration between Spirit Aeronautical Systems SA and Garuda Aerospace SA exemplifies the spirit of cooperation and shared vision in the aerospace industry as well as the development of strategic synergies between the 2 countries.
Both companies are ready to make significant contributions to the Unmanned Systems market in general and beyond, promoting innovation and setting new standards of excellence.
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