TSAW Drones: Company Profile

Background

TSAW Drones (Technit Space and Aero Works), established in June 2019 by co-founders Kishan Tiwari and Rimanshu Pandey, is a Delhi-based drone technology company. The company is dedicated to revolutionizing logistics through the deployment of autonomous unmanned aerial vehicles (UAVs). TSAW Drones focuses on enhancing supply chain efficiency, particularly in the delivery of critical medical supplies and mission-critical items.

Key Strategic Focus

TSAW Drones specializes in developing and deploying level 5 autonomous drones, capable of operating without human intervention. The company's core objectives include:

Healthcare Logistics: Partnering with hospitals and pharmacies to deliver medical supplies swiftly, especially to remote areas.

E-commerce and Quick Commerce: Facilitating rapid delivery of goods ranging from groceries to electronics.

Agriculture and Defense: Exploring applications in agricultural monitoring and defense logistics.

The primary markets targeted are sectors requiring rapid and reliable delivery solutions, such as healthcare, e-commerce, and defense.

Financials and Funding

Since its inception, TSAW Drones has raised $3 million in a seed funding round. Notable investors include We Founder Circle, Qubit Capital, Zypp Electric, and Chandigarh Angel Network. The capital is intended for scaling operations, enhancing technological capabilities, and expanding market reach.

Pipeline Development

TSAW Drones has developed several UAV models, including:

Adarna V2: A hybrid fixed-wing vertical take-off and landing (VTOL) drone with an 8 kg payload capacity, a range of 120 km, and endurance of 90 minutes.

Adarna Mini: A smaller variant with a 2 kg payload capacity, 80 km range, and 60 minutes endurance.

Maruthi 3.1: A multi-rotor drone with a 20 kg payload capacity, 40 km range, and 60 minutes endurance.

These models are deployed in various stages of operation, with ongoing trials and collaborations to expand their applications.

Technological Platform and Innovation

TSAW Drones distinguishes itself through proprietary technologies and innovative methodologies:

Drone Cloud Intelligence System (DCIS): A cloud-based autopilot system performing automatic path planning, drone traffic deconfliction, and predictive health management, reducing downtime between flights.

Unmanned Aircraft System Traffic Management (UTM): An in-house developed system for real-time airspace monitoring, automated flight planning, virtual air traffic control, and advanced collision avoidance.

Level 5 Automation: Achieving full autonomy in drone operations, enabling UAVs to function without human intervention, built on optimized AI and algorithms.

Leadership Team

Kishan Tiwari: Co-founder and CEO, leading the company's strategic direction and technological advancements.

Rimanshu Pandey: Co-founder, contributing to the company's growth and innovation.

Leadership Changes

As of the latest available information, there have been no significant changes or appointments within the company's leadership team.

Competitor Profile

Market Insights and Dynamics

The global drone package delivery market is projected to reach $32.1 billion by 2031, growing at a compound annual growth rate (CAGR) of 43.3%. In India, the drone industry is expected to reach a market size of $1.5 billion to $1.9 billion by 2026.

Competitor Analysis

Key competitors include:

Marut Drones: Focuses on agricultural and medical drone applications.

ANRA Technologies: Specializes in drone operations and traffic management solutions.

Wing: A global player in drone delivery services.

Zipline: Known for medical supply deliveries using drones.

These competitors emphasize various aspects of drone technology, including delivery services, traffic management, and specific industry applications.

Strategic Collaborations and Partnerships

TSAW Drones has engaged in significant collaborations to strengthen its market position:

Indian Council of Medical Research (ICMR): Received a service order to deliver medical supplies via drones across multiple states, including Telangana, Karnataka, and Himachal Pradesh.

Kanhaiya Life Care Medicine: Initiated a B2C medicine drone delivery service in Kolkata, aiming to provide swift and efficient delivery of medicines to patients.

DE Drone World Solutions: Signed a Memorandum of Understanding (MoU) to develop and promote innovative drone solutions across various industries.

Operational Insights

TSAW Drones operates under its logistics arm, DRONECO, launched in November 2022. DRONECO has set ambitious goals, including completing over 1 million deliveries in 2023. As of mid-2023, DRONECO had completed over 8,400 deliveries, covering a total distance of over 6,920 kilometers and delivering a cumulative weight of over 620 kilograms.