Magellanic Cloud bets big on AI to drive long-term growth, Announces Strategic Expansion in Telangana
"Our expanded facilities in Telangana will serve as a center of excellence for developing sophisticated video analytics systems that transform raw data into actionable intelligence for both public and private sector clients,” he added.
Hyderabad, February 17, 2025:Magellanic Cloud Limited (NSE & BSE: MCLOUD), a leading technology innovator, is accelerating its next phase of growth following its recent listing on the National Stock Exchange (NSE). With a strong focus on AI-driven transformation, the company is expanding its presence in e-surveillance, video analytics solutions like Scanalitix, and deep-tech solutions while generating substantial employment opportunities. Strengthening its leadership in advanced drone technology, Magellanic Cloud has also launched CargoMax 200KHC, India’s most powerful commercially available cargo drone, capable of carrying a 200 kg payload.
At the core of this roadmap are avenues arising out of cutting-edge artificial intelligence technologies like machine learning, deep learning and Gen AI that are customised for prominent sectors such as BFSI, Telecom, Automotive and Healthcare to cite a few. Furthermore Magellanic Cloud has also aligned its way ahead on aspects of organic as well as inorganic growth potential through strategic acquisitions.
Through its pioneering next-generation security solutions provider, iVIS, the company is committed to invest significantly in developing proprietary technologies that will power the next generation of security and intelligence solutions.
"The future of security lies at the intersection of AI and surveillance," said Joseph Sudheer Thumma, Managing Director and Global CEO of Magellanic Cloud Ltd. "Our expanded facilities in Telangana will serve as a center of excellence for developing sophisticated video analytics systems that transform raw data into actionable intelligence for both public and private sector clients,” he added.
Next on cards is its deeptech, drone manufacturing business unit, Scandron which has scaled up quickly to emerge as industry-leading player that has consistently upped the benchmarks on innovation and new capabilities. Over the past two years, the company has manufactured 17+ products for logistics, surveillance, agriculture, and other custom use cases, showcasing the success of its R&D vision. The recent launch of the CargoMax 200KHC further cements its leadership in the sector.
Arjun Naik, Chief Executive Officer- Scandron, Subsidiary of Magellanic Cloud,said, “Drones have enabled a wave of immense possibilities arising out of aerial logistics. At Scandron, our goal is to innovate and explore such possibilities that can be integrated into mainstream operations to bring about new-age efficiency and sophistication in the logistics value chain.”
Magellanic Cloud has established itself as formidable name in the domestic technology landscape and in many ways has replicated the success story in overseas markets as well such as North America. It remains committed to contribute to nation’s cause in spearheading the digital transformation momentum. "Telangana's progressive policies and rich talent pool make it the ideal location for our expanded operations, allowing us to serve global clients while contributing to local growth,” commented Joseph Sudheer Thumma.
The company stands at an inflection point of scale having built its credentials with over 100 clients including Fortune 1000 firms being served by 1600+ professionals.
About Magellanic Cloud
Magellanic Cloud Limited (NSE & BSE: MCLOUD) is a pioneering technology enterprise offering software development, digital transformation, AI/IoT, and drone-based solutions for real-world applications. With strategic investments in IT services, e-surveillance, and advanced drone technologies, the company serves a global clientele, including Fortune 1000 firms, through a workforce of over 1,600 professionals. Magellanic Cloud owns Motivity Labs, an award-winning IT services company specializing in Generative AI, Machine Learning, Cloud, Mobile, and Innovation. Recognized as one of the fastest-growing privately held companies in the U.S., Motivity Labs has consistently ranked among the top IT service providers in Texas and the Dallas Metro area. Additionally, Scandron Pvt. Ltd., a Bengaluru-based drone manufacturing startup and India’s first OEM to receive DGCA Type Certification for a logistics drone, operates as a subsidiary of Magellanic Cloud. Scandron specializes in heavy-lift logistics drones (5–200 kg), surveillance drones, agri-spraying drones, and custom UAVs, serving sectors like the Indian Armed Forces, Oil & Gas, and Power Generation. Committed to Make in India, Scandron invests heavily in R&D to develop self-reliant drone technologies.
