MAGELLANIC CLOUD : UAV FACILITY PREMISES READY UNDER JV MCRAY

• Premises for advanced UAV manufacturing and testing facility under joint venture MCRAY XTEND INDIA PRIVATE LIMITED are ready • Deployment of production and testing capabilities and commencement of commercial operations planned in phases • Facility to handle end-to-end manufacturing, assembly, system integration, high-precision testing and distribution of advanced tactical drone systems • Systems powered by XTEND's proprietary XOS autonomy platform • Company holds 60% equity stake in MCRAY, a JV with Rayonix Tech and Israel-based XTEND • Marks strategic expansion into defence and security sector, including counter-drone and autonomous technologies

Magellanic Cloud Ltd

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