The recent Rafah bombing was a grim story to hear, no matter your affiliation. In light of this we looked into the weapons and drones used during the assault. We were surprised to find the hand of one of our very own - Adani.
In 2018, Adani Enterprises and Elbit Systems (Israel’s largest arms producer) launched a joint venture, Adani Elbit Advanced Systems India Limited. With a 49% share, Elbit opened a $15-million facility in Hyderabad. Its first order was to make the Hermes 900 UAV for the Israel Defence Forces. Elbit makes 85% of the drones used by the Israel Defence Forces.
It is equipped with high-performance sensors which makes it easy to detect ground or maritime targets across a wide spectral range.
The Indian government delivered a number of Hermes 900 drones to Israel on an unspecified date to meet “Israel’s needs in the Israel-Hamas war.”
The delivery of the drones signals increasing military collaboration between New Delhi and Tel Aviv. India is reportedly one of the largest purchasers of Israeli weapons, spending over $1 billion per year.
Along with drones Adani develops and manufactures assault weapons, sniper rifles and machine guns with Israel Weapon Industries (IWI) for the Israel Defence Forces. In October 2022, Adani announced its business with IWI was expanding to weapons controlled by AI. They unveiled ‘India's first AI-based firing system, ARBEL, the next-generation small-arms solution’ at the DefExpo 2022
Last week in a nutshell
💎 RBI’s moving mountains of gold (1,00,000 kg)
RBI moved 1 lakh kilos of gold from the UK to India for logistical reasons and to diversify its storage. Its appetite for gold has also increased recently, buying 1.5x more gold in the last four months than in the whole of 2023.
🛍️ Swiggy, Zepto, Blinkit’s new enemy: Ambani
JioMart will enter the quick-commerce game next month. Unlike Blinkit, Zepto, and Swiggy, which have embraced a dark store model, JioMart will tap into Reliance Retail’s network of over 18,000 stores across the country.
🚀 We made the first 3D-printed rocket engine
"Agnibaan—SOrTeD" by Agnikul Cosmos is the world's first rocket powered by a fully 3D-printed engine. It was launched on 31st May, serving as a test flight to gather critical data for Agnikul's upcoming orbital launch vehicle
