Garuda Aerospace has launched operations in Sri Lanka in partnership with CYOL (Pvt) Ltd., marking a significant milestone in their expansion across South Asia. This collaboration aims to transform agriculture in the region by integrating advanced drone technology with CYOL’s agricultural software solutions, enhancing precision farming, crop monitoring, and sustainability practices for farmers across multiple continents.
As part of this partnership, Garuda Aerospace has officially launched its operations in Sri Lanka, further solidifying its presence in South Asia.
Chennai, November 5, 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.
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."
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, optimised 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 optimising 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."
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