Garuda Aerospace Signs Landmark MOU with CYOL (Pvt) Ltd. to Revolutionize Agriculture across Australia, Africa, and Asia
4 min readChennai, India — November 4, 2024
In a strategic partnership set to transform the global agriculture landscape, Garuda Aerospace , one of India’s leading drone manufacturers and CYOL (Pvt) Ltd., a leading provider of advanced agricultural technology solutions in Sri Lanka signed a Memorandum of Understanding (MOU) at No. 61, Kynsey Road, Colombo 08, Sri Lanka. This agreement marks a major milestone in both companies’ growth as they expand their operations into Australia, Africa, and Asia.
The MOU was signed by Mr. Chamitha Ranneththi, Chairman and Director of CYOL, alongside Sanjeewa Dissanayake, Director, S. Mahendran, Director, and Vincent Renold, Director of Garuda Aerospace Ceylon Pvt. Ltd.
Garuda Aerospace Collaboration to Revolutionize Global Agriculture
As part of this partnership, Garuda Aerospace has officially launched its operations in Sri Lanka, further solidifying its presence in South Asia. The Indian-based drone company, recognized for its cutting-edge solutions in agriculture, surveillance, mapping, thermography, videography, and defence anti-drone systems, will collaborate with CYOL to deliver a revolutionary approach to farming and technology integration.
Mr. Agnishwar Jayaprakash, Founder CEO, Garuda Aerospace said, “This collaboration with CYOL cements our commitment is a significant step toward advancing precision farming and technological innovation in agriculture across these key regions. By combining our drone expertise with CYOL’s robust software solutions, we are confident that this partnership will create significant value for farmers and stakeholders.”
Garuda Aerospace Collaboration with CYOL Global Agriculture
This MOU brings together Garuda Aerospace’s renowned drone technology with CYOL’s advanced agricultural software, creating an integrated platform for precision farming, surveillance, and data-driven analytics. Together, the two companies aim to revolutionize agriculture across Australia, Africa, and Asia, providing farmers with real- time insights, optimized resource management, and enhanced crop monitoring capabilities.
Mr. Chamitha Ranneththi, Chairman and Director of CYOL, emphasized the importance of the partnership: “This collaboration between CYOL and Garuda Aerospace is a game-changer for the agricultural industry. By merging drone technology with advanced software solutions, we are poised to deliver high-value solutions that enhance productivity, sustainability, and decision-making for farmers across multiple regions.”
The partnership is expected to offer mutual benefits by combining Garuda’s aerial expertise with CYOL’s technological advancements in data analytics, crop monitoring, and farm management systems. Together, both companies will provide a comprehensive suite of services, offering farmers holistic tools for optimizing their operations and adopting sustainable agricultural practices.
Mr. S. Mahendran, Director of Garuda Aerospace Ceylon Pvt. Ltd., shared his vision: “The potential for integrating drones with smart farming solutions is immense, and this partnership will enable us to bring the latest innovations to regions where agriculture is crucial for economic growth. We are excited about the impact this collaboration will have on farmers globally.”
Garuda Aerospace & CYOL Mutual Benefits and Global Expansion
By working together, CYOL and Garuda Aerospace will drive agricultural innovation and expand into new markets, providing holistic, technology-driven solutions tailored to both small-scale farmers and large commercial operations. The partnership will foster the adoption of sustainable practices and establish a smart farming revolution that leverages drones, software, and real-time data analytics to meet the evolving challenges of modern agriculture.
As Garuda Aerospace expands its footprint into Sri Lanka, and CYOL enhances its presence across Asia, Africa, and Australia, the two companies are committed to reshaping the future of agriculture by providing farmers with the tools they need to thrive in an increasingly tech-driven world.
About Garuda Aerospace
Garuda Aerospace is India’s leading Drone tech start-up focused on disrupting two major multi-billion-dollar sectors, Precision Agri Tech and Industry 4.0 upgradation. Garuda Aerospace is asset-light, recession-proof, and agnostic, and focuses on eliminating labourers in the agricultural field with drones focusing on designing, building, and customization of Unmanned Aerial Vehicles (UAVs). Founded in 2015 with a team of 5, Garuda has scaled to a 200+ member team having the largest drone fleet in India with over 400 drones and 500 pilots operating in 84 cities. Garuda Aerospace manufactures 30 types of drones and offers 50 types of services. Having served over 750 clients including TATA, Godrej, Adani, Reliance, Swiggy, Flipkart, Delhivery, L&T, Survey of India, SAIL, NTPC, IOCL, Smart cities, Intel, Amazon, Wipro, IISC, MIT Boston, NHAI for various projects, the company recently partnered with global giants such as Lockheed Martin, Cognizant and Elbit Systems. Hon’ble Prime Minister Shri Narendra Modi Ji launched the drone yatra where 100 drones were flagged off simultaneously across 100 villages in India. Garuda Aerospace is the first drone company to get DGCA approvals for Type Certification and Remote Pilot Training Organisation. Garuda is on a mission to impact 1 billion lives positively using affordable precision Drone Technology. Mahendra Singh Dhoni has invested in the company and is the Brand Ambassador.
For more details about the company, Visit-https://www.garudaaerospace.com/
About CYOL (Pvt) Ltd
CYOL (Pvt) Ltd. specializes in developing cutting-edge technological solutions designed to transform farming practices. With a focus on integrating IoT, AI, and data analytics, CYOL enhances yield and productivity while promoting sustainable agriculture. Its unified platform offers solutions for water management, soil health, crop monitoring, and more, allowing farmers to optimize operations and reduce environmental impact. As a pioneer in agricultural technology, CYOL empowers farmers with real-time insights and data-driven decision-making, ensuring increased productivity and sustainability across diverse regions. Through this collaboration with Garuda Aerospace, CYOL’s software expertise will be integrated with drone technology to deliver comprehensive solutions for precision farming across Australia, Africa, and Asia
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