BEL To Develop Smart Drone Delivery Mailboxes For DRONEDEK

- Advertisement -

Initial discussions envision DRONEDEK executing up to $50 million in product purchase orders with units expected by the second quarter of 2022

Defence PSU Bharat Electronics Limited (BEL) has announced that it has entered into a formal agreement with Indianapolis-based DRONEDEK Corporation to design, develop and produce DRONEDEK smart mailbox units for worldwide distribution. DRONEDEK is one of the first companies in the world to patent a smart mailbox designed for secure drone delivery. 

Initial discussions envision DRONEDEK executing up to $50 million in product purchase orders with units expected by the second quarter of 2022. 

- Advertisement -

Anandi Ramalingam, Chairman & Managing Director, BEL, said, “We are always raising the bar on our technical offerings, and we want to continue to be a company of firsts. The DRONEDEK opportunity presents BEL a new vertical in the changing landscape of worldwide, last-mile logistics, one in which we will be able to put a stake in the ground and build on.”

DRONEDEK said in a release that it holds a first-position patent portfolio for its smart mailbox for drone package receiving and storage. It identifies its product as a feature-rich, secure mailbox that accepts delivery via robotic, unmanned driverless, aerial drone or conventional means. 

Designed to accept drone delivery, the DRONEDEK mailbox also accepts traditional mail delivery and is destined to become an everyday utility service like power or water. The device is capable of keeping packages hot or cold; will alert users to package arrival; recharge drones, and even serve as an emergency alert if necessary. An app controls when the device is opened for delivery or retrieval and also controls its emergency alarm features.

“DRONEDEK must work with the reliability and redundancy of a 747 airliner with 300 people on it,” said Dan O’Toole, DRONEDEK CEO and Founder. “This new collaboration between BEL and DRONEDEK gives us the edge and credibility we have been looking for in the marketplace.”

- Advertisement -

Most Popular Articles

Cabinet Approves ₹109 Billion PM E-DRIVE Scheme

0
Against the expectations surrounding the FAME-III, the ₹109 billion PM E-DRIVE scheme will no longer E-cars and hybrid vehicles except ambulances. On Wednesday, the...

SEMI, IESA Unite To Boost Domestic Semiconductor Sector

0
Announcing a partnership at the SEMICON India event, IESA is set to represent SEMI in the domestic chip industry, besides maintaining its brand, to...

PM Modi Inaugurates SEMICON India 2024, Discusses India’s Potential

0
With already poured ₹1.5 trillion in the sector, Prime Minister Modi’s inaugural speech at the SEMICON India 2024 was all about India’s trail towards...

L&T Plans $300M For Fabless Chip Venture In India

0
Focusing on the automotive and industrial sector, Larsen & Toubro is on the way of establishing a $300 million fabless semiconductor firm in India,...

Honeywell Installs 1.4MWh Battery System To Decarbonise Lakshadweep

0
Aiming to reduce carbon emission in the Lakshadweep Islands, Honeywell has deployed a 1.4MWh battery storage system for Solar Energy Corporation’s project there, marking...
Pradeep Palelli co-founder and CEO of Thanos Technologies

“Drones Represent High Technology And Are High-Ticket Items” – Pradeep Palelli, Co-Founder and CEO...

0
Three thousand – not a nod to Iron Man's love for his daughter, but the annual production capacity of spraying agri-drones at Thanos Technologies’...
Ratul Borah, Founder & CEO, Elecnovo

“Our Patent Technologies Contribute To The Advancement Of EV Industry” – Ratul Borah, Founder...

0
During an interaction with Nitisha Dubey from EFY, Ratul Borah of Elecnovo Private Limited, talks about his patent technologies and future growth strategies… Q. Please...
Mukesh Vasani, CEO, Aimtron Group

“30-40% Of Our Operations Are Outside India, But We Are Working Towards Greater Self-Reliance”...

0
In a conversation with EFY’s Nitisha Dubey, Aimtron Group CEO Mukesh Vasani highlighted key manufacturing features and global expansion strategies. Q. What milestones mark Aimtron...

“Think E2W Market Is Crowded, Then Look At The E-Rickshaw Market!” – Gopal Jaidka,...

0
There are over 150 brands claiming to manufacture electric two-wheelers in India, with new ones continually entering the fray. Is this saturation, or is...

“We Aim To Create One Village-Level Drone Entrepreneur And One Agri-Entrepreneur Across India” –...

0
Being essential in agriculture, drone operation is not an amateur’s job. In a discussion with EFY’s Nitisha, Preet Sandhuu, Co-Founder of AVPL, discusses the...

Formula Racing Students Teams To PMSM Motors With 97% Efficiency

0
What can four students from Formula Racing teams accomplish? Why would they shift from creating an electric two-wheeler brand to tackling the rigorous B2B...

STMicroelectronics Joins RISC-V Startup Quintauris As Shareholder

0
To enhance RISC-V product development, STMicroelectronics has joined startup Quintauris as its sixth shareholder, which focuses on automotive and future mobile/IoT applications. Swiss semiconductor company...

Chip Design Startup BigEndian Receives $3M Investment

0
Eyeing expansion in engineering and R&D teams for security solutions, domestic fabless startup BigEndian has obtained a $3 million investment from Vertex Ventures SEA...

OLA’s AI Venture Krutrim To Release Silicon Chips

0
Ola’s Krutrim partners with Arm and Untether to manufacture AI silicon chips, with plans to integrate them into electric scooters. Krutrim, the AI startup founded...
Sharath Shyamasunder, Founder and CEO of The Startup Zone

“Unfortunately, Many Startups Are Not Aware Of The Policies”

0
Should startups funnel their funding and investments into their existing bank accounts, or is it wiser to open a separate one? What are the...

Industry's Buzz

Learn From Leaders

Startups