Magellanic Cloud Limited (NSE: MCLOUD; BSE: 538891) has announced that the premises for its proposed Unmanned Aerial Vehicle (UAV) manufacturing and testing facility under its joint venture, MCRAY XTEND INDIA PRIVATE LIMITED (MCRAY), are ready. The company plans to deploy manufacturing, assembly, system integration and testing capabilities in phases, with commercial operations expected to commence progressively.
The joint venture was announced in April 2026 in partnership with Rayonix Tech and Israel-based defence and robotics company XTEND. Magellanic Cloud holds a 60% equity stake in MCRAY. The facility is designed to bring manufacturing, calibration, system integration and flight-testing activities under one roof. It will support the assembly and distribution of tactical drone systems powered by XTEND’s proprietary XOS autonomy platform. The platform combines AI-assisted, human-guided autonomy, autonomous navigation and multi-domain robotic control.
The planned product portfolio includes Wolverine for AI-assisted tactical and combat operations; Scorpio 500 and Scorpio 1000 for precision strike and extended-range reconnaissance; XTENDER for micro-intelligence, surveillance and reconnaissance (ISR) in indoor and outdoor GPS-denied environments; and Honey Badger for operations in demanding and mission-critical conditions. MCRAY is positioned as the exclusive manufacturing and distribution partner in India for select platforms operating on XTEND’s XOS platform. The proposed operations will cater to the evolving requirements of Indian defence and security agencies.
Commenting on the development, Joseph Sudheer Reddy Thumma, Chairman and Managing Director, Magellanic Cloud Limited, said, “The readiness of the premises for our UAV facility under the previously announced joint venture is an important step in strengthening our defence technology capabilities. Through MCRAY and our collaboration with Rayonix Tech and XTEND, we intend to develop local capabilities for advanced autonomous systems and pursue opportunities to serve India’s evolving defence and security requirements.”
The business model is expected to include tactical drone sales, software licensing, local maintenance, repair and overhaul (MRO), and lifecycle support services. The company also sees opportunities to integrate the planned UAV platforms with its existing iVIS AI surveillance ecosystem and Scandron drone operations.
The project aligns with the government’s Make in India and Aatmanirbhar Bharat initiatives, particularly in defence manufacturing and technology development. The collaboration may also open opportunities in international markets, subject to regulatory approvals, export permissions and market conditions. The phased deployment of operational capabilities will be aligned with defence and security requirements, with the company focusing on establishing manufacturing and technical support capabilities in India.
Magellanic Cloud Limited is a Hyderabad-based technology company operating in digital transformation, generative artificial intelligence, cloud computing, electronic surveillance and drone technologies. Its solutions serve sectors including infrastructure, defence, financial services and enterprise IT. The company serves more than 100 clients across the USA, Europe and Asia through its subsidiaries and joint ventures, including Motivity Labs, Provigil Surveillance, iVIS International, Scandron, MCRAY XTEND India and JNIT Technologies.
