Optiemus Infracom Limited announced that the Board of Directors of the Company in its meeting held on October 27, 2023 has accorded its approval for commencement of new business/division/launch of new product namely "Optiemus Unmanned Systems" ("OUS") with the launch of technologically-sophisticated, high-precision drones that have been designed to get manufactured in India. The Company will be at the forefront of research, design, development and manufacturing of unmanned aerial vehicles (UAVs) as OUS i.e. Drones, will drive synergies from the manufacturing excellence of Optiemus Electronics Limited, wholly owned Subsidiary of the Company and go to market capabilities of Optiemus Infracom Limited to deliver first-its-kind drones in India. The Company "Optiemus Infracom Limited" will be investing INR 250 Million in OUS - a new division of the Company.

Name of the Product(s); Optiemus Unmanned Systems/Drones in the following categories: a) Vajra QC Range: Vajra QC 2.0, Vajra QC 6.5 and Vajra QC 10.0, b) Abhedya c) Darsh, d) Ajeya VT 8.0 and e) Marak PL 7.0. Industry is Electronics.