Deepinder Goyal-backed aviation startup LAT Aerospace has made a strategic move by acquiring early-stage defence tech startup Sharang Shakti. This acquisition signifies LAT Aerospace’s expansion into the defence tech domain, aiming to integrate innovative technologies across both defence and civil aviation sectors.
Founder Deepinder Goyal stated that this acquisition marks LAT Aerospace’s initial step towards developing indigenous defence capabilities, aligning with the company’s overarching vision of establishing a robust civil aviation platform. Goyal emphasized the commonality in technology frameworks between civil aviation and defence, particularly in areas such as autonomy, perception, sensing, navigation, and control systems.
Sharang Shakti, founded in 2023, specializes in anti-drone air defense systems, focusing on radar development for micro-drone detection and interceptors to counter rogue drones effectively. The acquisition of Sharang Shakti enables LAT Aerospace to bolster its in-house technological expertise and expand its offerings to cater to the evolving needs of the defence and civil aviation sectors.
Source: Inc42 Media