On October 23, 2023, shares of DroneAcharya Aerial Innovations surged nearly 2% following the announcement of a significant order from the Indian Army worth 2.59 crore for 500 Sub-Tactical Very Short Range Drones. This procurement marks a notable advancement in the Army’s drone capabilities, enhancing surveillance and operational efficiency in diverse terrains. Such investments in indigenous technology not only bolster the defense sector but also align with India’s strategic goal of self-reliance in defense manufacturing. The deal underscores the growing integration of advanced technology in military operations, which is crucial for maintaining national security in an increasingly complex geopolitical landscape.