ideaForge bags over ₹100-crore defence orders for next-gen UAVs

ideaForge Technology Ltd secured multiple major defence contracts on Friday, November 14, taking its total order value for the day to over ₹100 crore, as the Indian Army and Ministry of Defence continue to expand UAV deployment across tactical and ISR operations.

The company received an order worth around ₹75 crore for its newly-launched ZOLT tactical UAV, placed under Capital Emergency Procurement by the Indian Army. Delivery is scheduled within 12 months.

Unveiled at Aero India 2025, ZOLT represents ideaForge’s next-generation tactical UAV platform designed for long-range ISR and precision payload delivery.

In addition, ideaForge has also received an order valued at approximately ₹30 crore for its high-performance hybrid SWITCH V2 UAV, also showcased at Aero India 2025. SWITCH V2 — already inducted and battle-tested in the Army’s ISR operations — will be delivered within six months.

Together, the ZOLT and SWITCH V2 contracts underscore ideaForge’s expanding role as the country’s leading UAV manufacturer and a key partner in India’s ongoing defence modernisation.

Speaking on the development, Ankit Mehta, CEO and Co-Founder, ideaForge Technology Ltd, said the new orders reflect the company’s commitment to building secure, AI-driven, and mission-ready systems designed for the harshest operational conditions.

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“At ideaForge, we continue to strengthen India’s position in the global UAV ecosystem by driving performance, reliability, autonomy and resilience in every platform we build. The development of ZOLT stems from our technological foresight, deep investment in meaningful innovation, and commitment to indigenisation and electronic warfare resilience,” Mehta said.

Shares of the company ended higher on Friday, November 14, by 0.87% at ₹466 on the NSE.

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