SRAM and MRAM Technologies & Resources Limited to invest 300 Crores into Bumble Bee Flights

Bee1 is the first drone which is planned to be certified in multiple countries and is designed tooperate in the Global market

by Soumayashree Mishra
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SRAM and MRAM Technologies & Resources Limited, UK is announcing to invest 300 Crores INR (37Million USD approximately) into Bumble Bee Flights Pvt. Ltd. committing to the ‘Make in India’initiative supporting the ‘Make In Odisha’ Conclave of 2022 by getting Odisha into the global drone map.

BumbleBeeFlightsPvt.Ltd.isaBangalorebasedstart-upthatspecializesindevelopingAIpowered,complex and highly integrated Air Mobility Systems. Their first machine is an autonomous humancarryingsingleseateddronedesignedforUrbanAirMobilitysupportingusecaseslikeAirAmbulance,Recreational movements and Heavy duty Logistical movement. These will be designed to meet thestrictnormsofCivilAviationAuthoritiesofdifferentcountriesglobally.

SRAM and MRAM Technologies & Resources Limited is a leading international organisation with 8globalalliances, 10 companiesspreadacross 35+ locations.SRAMandMRAMTechnologies &Resources Limited Headquartered in London, diverse workforce of 600+ employees hail from 15differentnationalities.

Bee1 is the first drone which is planned to be certified in multiple countries and is designed tooperate in the Global market. The company plans to build many such diverse and complex AirMobilitySystems intheyears tocome.

“We are committed to theMake in India movemen tand today we are announcing our investment of 300 Crores to Bee Flights to build the future starting from right here in Make In Odisha Conclave2022.We share a common vision oftheimportanceofasustainablefutureusingElectricAirMobilitySystems. Weareproudtobeapartofthiscommonfuturevision”saidDr.GurujeeKumaran
Swami,ViceChairman,SRAMandMRAMTechnologies&ResourcesLimited.

BumbleBeeFlightsPvt.Ltd.istargetinganAirTaximarket,tostartwith,whichisclaimedtoexpandtoa TrillionDollar Market.

Sustainable, no emission vertical movement is the future and we are ready to give wings to this vision. We thank Mr. Gaurav Ralhan, CEO of Health on Top, for being our strategic partner instrumental in making this investment a reality”, said Arjun Das, CEO, Bumble Bee Flights Pvt. Ltd. India.

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