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On Tue, 7 Jan, 4:04 PM UTC
3 Sources
[1]
Tata Elxsi shares in focus as co partners with CSIR-NAL for advanced air mobility solutions
Shares of Tata Elxsi will be in focus on Wednesday after the company announced that it has signed an initial agreement with CSIR-National Aerospace Laboratories (CSIR-NAL) for a strategic partnership in advanced air mobility. This collaboration comes at a time when the market for unmanned aerial vehicles (UAVs) and urban air mobility (UAM) is rapidly evolving. The partnership will leverage NAL's aeronautical expertise and Tata Elxsi's technological capabilities in electrification, AI/ML, sensor fusion, and certification processes, aiming to support both global and Indian markets. The two companies will focus on accelerating product development by providing access to advanced testing infrastructure, methodologies, and expertise. Their joint efforts will address key technologies such as aerodynamic design, autonomous systems, and secure communications for both manned and unmanned air mobility solutions. Manoj Raghavan, MD & CEO of Tata Elxsi, highlighted the potential of UAVs and UAM technologies in the future of aerospace innovation, emphasizing how the partnership will push boundaries and accelerate the development of next-gen air mobility solutions globally. The partnership also aims to capitalize on India's opportunities through initiatives like Make-in-India and indigenization, addressing the rising demand for advanced air mobility solutions. Tata Elxsi noted that this collaboration will build a robust ecosystem of precision manufacturing, component suppliers, and tool vendors to foster innovation and scalability. Abhay A. Pashilkar, Director of CSIR-NAL, expressed that their combined expertise will enable the development of innovative, scalable, and sustainable solutions for the future of urban transportation. Tata Elxsi is amongst the world's leading providers of design and technology services across industries including automotive, aerospace, broadcast, communications, healthcare, and transportation. Shares of the company have fallen 23% in the last one year, meanwhile, they have offered a whopping 669% return to its investors in the last five years.
[2]
Tata Elxsi, CSIR-NAL partner for advanced air mobility solutions
Tata Elxsi and CSIR-NAL have partnered to advance air mobility technology. The collaboration combines their expertise in aeronautics, electrification, AI/ML, and sensor fusion. This partnership aims to accelerate the development of unmanned and urban air mobility solutions globally and in India. The alliance will foster innovation and build a robust ecosystem for the aerospace industry.Global design and technology services provider Tata Elxsi has inked an initial pact with CSIR-National Aerospace Laboratories (CSIR-NAL) for a strategic partnership in advanced air mobility amid a rapidly evolving market for unmanned aerial vehicles and urban air mobility globally, a statement said on Tuesday. The partnership combines NAL's deep aeronautical expertise and Tata Elxsi's technological capabilities in electrification, AI/ML, sensor fusion, and certification processes to support global and Indian markets, it stated. This partnership will accelerate product development cycles for these sectors by providing access to advanced testing infrastructure, methodologies, and expertise, Tata Elxsi said. The two partners, as per the statement, will jointly focus on technologies such as aerodynamic design, autonomous systems, and secure communications to address the unique needs of both manned and unmanned air mobility systems. "We believe the future of aerospace innovation lies in technologies like UAVs and UAM. This strategic partnership with NAL combines our strengths to push the boundaries of innovation and accelerate the development of next-generation air mobility solutions for our customers globally," said Manoj Raghavan, MD & CEO at Tata Elxsi. Stating that India presents significant opportunities through initiatives like Make-in-India, indigenisation, and the growing demand for advanced air mobility solutions, Tata Elxsi said the partnership will contribute to building a robust ecosystem of precision manufacturing, component suppliers, and tool vendors. This ecosystem aims to bring together key stakeholders to foster innovation, enhance scalability, and address the unique requirements of advanced air mobility systems, the company said. "CSIR-NAL's deep expertise in aerospace research and testing, along with Tata Elxsi's advanced technology and design expertise, will help us develop innovative, scalable, and sustainable solutions that will shape the future of urban transportation," said Abhay A Pashilkar, Director at CSIR-NAL.
[3]
Tata Elxsi and National Aerospace Laboratories Sign Strategic Partnership for Advanced Air Mobility
MoU to Accelerate Innovation in UAVs, UAM, and eVTOLs for Global Markets Tata Elxsi, a global leader in design and technology services, and the CSIR-National Aerospace Laboratories (CSIR-NAL) have signed a Memorandum of Understanding (MoU) to establish a Strategic Partnership for Advanced Air Mobility. This collaboration is focused on driving innovation in emerging areas such as Unmanned Aerial Vehicles (UAVs), Urban Air Mobility (UAM), and electric vertical take-off and landing (eVTOL) aircraft. The partnership combines NAL's deep aeronautical expertise and Tata Elxsi's technological capabilities in electrification, AI/ML, sensor fusion, and certification processes to support global and Indian markets. The global market for UAVs and UAM is rapidly evolving, with applications spanning industries such as logistics, agriculture, defence and urban transportation. This partnership will accelerate product development cycles for these sectors by providing access to advanced testing infrastructure, methodologies, and expertise. Tata Elxsi and CSIR-NAL will jointly focus on technologies such as aerodynamic design, autonomous systems, and secure communications to address the unique needs of both manned and unmanned air mobility systems. India presents significant opportunities through initiatives like Make in India, indigenisation, and the growing demand for advanced air mobility solutions. The partnership will contribute to building a robust ecosystem of precision manufacturing, component suppliers, and tool vendors. It will also help shape industry regulations and standards, fostering a sustainable framework for innovation and commercialisation in India. Manoj Raghavan, MD & CEO at Tata Elxsi, said: "We believe the future of aerospace innovation lies in technologies like UAVs and Urban Air Mobility. This strategic partnership with NAL combines our strengths to push the boundaries of innovation and accelerate the development of next-generation air mobility solutions for our customers globally." Dr Abhay A Pashilkar, Director at CSIR-NAL, said: "Partnering with Tata Elxsi marks a crucial development in our mission to innovate within the aerospace sector. CSIR-NAL's deep expertise in aerospace research and testing, along with Tata Elxsi's advanced technology and design expertise, will help us to develop innovative, scalable, and sustainable solutions that will shape the future of urban transportation." As part of this collaboration, Tata Elxsi and CSIR-NAL also envision creating a robust ecosystem that integrates precision manufacturing, tools, components, and vendor partnerships. This ecosystem aims to bring together key stakeholders to foster innovation, enhance scalability, and address the unique requirements of advanced air mobility systems. -- About Tata Elxsi Tata Elxsi is amongst the world's leading providers of design and technology services across industries including Automotive, Aerospace, Broadcast, Communications, Healthcare, and Transportation. Tata Elxsi is helping customers reimagine their products and services through design thinking and the application of digital technologies such as IoT (Internet of Things), Cloud, Mobility, Virtual Reality, and Artificial Intelligence. For more information, visit www.tataelxsi.com About CSIR-NAL National Aerospace Laboratories (NAL), a constituent of the Council of Scientific and Industrial Research (CSIR), India, established in the year 1959 is the only government aerospace R&D laboratory in the country's civilian sector. CSIR-NAL is a high-technology oriented institution focusing on advanced disciplines in aerospace. The mandate of CSIR-NAL is to develop aerospace technologies with strong science content, design and build small and medium-size civil aircraft and support all national aerospace programmes. For more information, visit www.nal.res.in
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Tata Elxsi and CSIR-National Aerospace Laboratories have formed a strategic partnership to develop advanced air mobility solutions, focusing on unmanned aerial vehicles and urban air mobility technologies.
Tata Elxsi, a global leader in design and technology services, has signed a Memorandum of Understanding (MoU) with CSIR-National Aerospace Laboratories (CSIR-NAL) to establish a strategic partnership for advanced air mobility solutions 123. This collaboration comes at a time when the market for unmanned aerial vehicles (UAVs) and urban air mobility (UAM) is rapidly evolving.
The partnership will concentrate on driving innovation in emerging areas such as UAVs, UAM, and electric vertical take-off and landing (eVTOL) aircraft 3. By combining NAL's deep aeronautical expertise with Tata Elxsi's technological capabilities in electrification, artificial intelligence, machine learning, sensor fusion, and certification processes, the alliance aims to support both global and Indian markets 12.
This collaboration is expected to accelerate product development cycles by providing access to advanced testing infrastructure, methodologies, and expertise 12. The two partners will jointly focus on key technologies such as:
These efforts will address the unique needs of both manned and unmanned air mobility systems 12.
India presents significant opportunities through initiatives like Make-in-India, indigenization, and the growing demand for advanced air mobility solutions 12. The partnership aims to capitalize on these opportunities by:
Manoj Raghavan, MD & CEO of Tata Elxsi, emphasized the potential of UAVs and UAM technologies in the future of aerospace innovation. He stated that the partnership will push boundaries and accelerate the development of next-generation air mobility solutions globally 123.
Dr. Abhay A. Pashilkar, Director of CSIR-NAL, expressed that their combined expertise will enable the development of innovative, scalable, and sustainable solutions for the future of urban transportation 123.
The global market for UAVs and UAM is rapidly evolving, with applications spanning various industries such as:
This partnership is expected to contribute to shaping industry regulations and standards, fostering a sustainable framework for innovation and commercialization in India 3.
Tata Elxsi is among the world's leading providers of design and technology services across industries, including automotive, aerospace, broadcast, communications, healthcare, and transportation 13. The company's shares have fallen 23% in the last year but have offered a 669% return to investors over the past five years 1.
CSIR-NAL, established in 1959, is the only government aerospace R&D laboratory in India's civilian sector. It focuses on advanced disciplines in aerospace and aims to develop aerospace technologies with strong science content, as well as design and build small and medium-size civil aircraft 3.
Reference
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