Brief: Magellanic Cloud Through Unit Gets First Major Logistics Drone Order From Indian Robotics Firm
30/04/2024 06:33
April 30 (Reuters) - Magellanic Cloud Ltd MAGL.BO :
* THROUGH UNIT SECURED FIRST MAJOR LOGISTICS DRONE ORDER
FROM
INDIAN ROBOTICS FIRM
* GETS ORDER VALUED AT 430 MILLION RUPEES
* ORDER TO PROVIDE 45 CARGOMAX SERIES DRONE KITS
* CO TARGETTING 5 PER CENT SHARE OF $6 BILLION LAST MILE
DELIVERY
MARKET WITH ITS LOGISTICS DRONES
Source text for Eikon: ID:nBSE9vRVw9
Further company coverage: MAGL.BO
((Reuters.Briefs@thomsonreuters.com;))
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