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Daily Markup #720: Aereo lands US$1M contract to provide first-ever large-scale drone survey of India mines for safety & environmental compliance

April 10, 2023 · 1 min read
Credit: BusinessWorld

High safety standards

  • Congratulations to the Aereo team (formerly Aarav Unmanned Systems) for winning the largest drone solutions contract from Coal India Limited (CIL) worth US$1M!
  • This achievement marks many firsts for the 500-backed company. Aereo will be the first company to regularly render its drone solutions to India’s largest coal mines, and this will be the first-ever drone usage of this scale to be undertaken for mining in India.
  • The team will provide advanced analytics through their proprietary web platform and survey-grade drones to seven mines under CIL for 3 years. This will help improve mining safety, environmental compliance, and overall efficiency of the mines.
  • This contract is the second one awarded to Aereo under the CIL umbrella. Previously, the team validated the accuracy of photogrammetry data across 50 mining sites.
  • Apart from deploying drones and drone pilots, Aereo will also participate in a knowledge transfer exercise by training CIL’s existing survey teams.
  • Read the full story here.
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