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. 

Related Topics

Science & Technology

The 'Mother of All Breaches' Just Happened — Here's the Security Implications for Businesses

If your business exists online, chances are some percent of your customers' data got leaked in what cybersecurity specialists boldly labeled as the "mother of all breaches" (MOAB).

Business News

Airbnb Renter Discovers Hidden Door, Says Police Confirm There's a Secret Unit Upstairs With 'Surveillance': 'A Terrifying Experience'

One bride-to-be was in for a not-so-welcome surprise when she discovered a secret door in her Airbnb rental.

Business News

The Owner of a Popular Boston Restaurant Is Under Fire After Direct Messaging, Berating a Customer Who Disputed $250 Cancelation Fee

New York-based traveler Trevor Chauvin-DeCaro was set to dine at Table in Boston's North End last month.

Business News

Apple Cancels Its 10-Year Electric Car Project, Moves Some Employees to AI Division

Apple has remained quiet about its autonomous and electric vehicle development for a decade, though it took its EVs for many test drives last year.

Starting a Business

4 Hard Truths You Must Accept to Become Successful

As you buckle up for entrepreneurship, remember – it's not just a journey but an epic adventure towards enduring achievement in the dynamic business world.