For These Entrepreneurs, the Sky is Not the Limit Bengaluru-based Asteria Aerospace is a robotics company developing drone-based solutions to provide actionable intelligence.

By Rahul R

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Entrepreneur

NEEL MEHTA (33), CO-FOUNDER AND DIRECTOR, ASTERIA AEROSPACE

Founded by Mehta and Nihar Vartak, Bengaluru based Asteria Aerospace is a robotics company developing drone-based solutions to provide actionable intelligence. Asteria model is unique - it harnesses aerial data to make current operations of customers faster, safer and cheaper. Elaborating on the concept, Mehta says, "We are a fullstack drone technology company with in-house designed drones, electronics and software, allowing us to deeply customize solutions for our customers."

Currently, Asteria is focussed on surveillance and security applications. Its drones are deployed by multiple paramilitary organizations in India for border and internal security. "Police use our drones to provide event security, VIP security and for fast response," adds Mehta. The drones are equipped with both daytime and nighttime (infrared) cameras that deliver real-time high resolution aerial video. They fly autonomously which means that the operators don't need a lot of training to operate them. Further, Asteria has developed a software platform that streams the real-time video/data from multiple drones over a network to any phone, tablet or command centre. Mehta stressed that the company would use software platforms and analytics to add enormous value to data captured from drones. "This will allow Asteria to grow and scale-up to the next level. We are well positioned to enter the global market with its products," he adds.

TAKING OFF

LAUNCH: 2012 in Bengaluru

NUMBER OF DRONES SOLD: >50 per month

TURNOVER: $1.5m annual

HEADCOUNT: 65

TOTAL INVESTMENT: $2m

NO. OF PATENTS: First of a kind IoT-based drone

Rahul R

Former Staff

Rahul R is a media professional with over 6 years of experience. Prior to Entrepreneur India, Rahul was a Senior Technical Journalist at EFY digital magazine. 
Growing a Business

The 10 Best Podcasts Every Entrepreneur Should Listen to for Growth, Strategy and Success

Unlock your potential with the 10 must-listen podcasts for entrepreneurs, offering expert insights on growth, strategy and success.

Business News

Elon Musk's xAI Is Reportedly Set to Hire Thousands of 'AI Tutors' With Pay Up to $65 an Hour

Employees told Business Insider the company is expanding hiring soon.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Starting a Business

Co-Founders Must Answer These Crucial Questions Before Launching a Startup

Launching a startup with co-founders can be exciting, but it also comes with potential pitfalls. Here are the questions every founding team must answer to build a strong foundation for success.

Business News

Inflation Unexpectedly Rose in January. Here's What That Means for Rate Cuts.

The U.S. Bureau of Labor Statistics released its January Consumer Price Index on Wednesday.

Business News

Using ChatGPT? AI Could Damage Your Critical Thinking Skills, According to a Microsoft Study

Relying on AI can mean using fewer cognitive skills, which can lead to a deterioration over time.