Archive · 24 Sep 2025
ideaForge Forms US Joint Venture for Drone Manufacturing
An Indian drone company called ideaForge is teaming up with First Breach, a US company.
Together, they're creating a new company in America called First Forge Technology Inc.
This new company will focus on making and selling certain drones in the US.
Both ideaForge and First Breach will share the new company equally.
Important decisions will need both companies' agreement.
Before the new company officially starts, they need to check everything carefully and get approvals.
The new company's size is not yet known.
ideaForge Technology signed a joint venture with First Breach Inc.
The joint venture is named First Forge Technology Inc.
The joint venture will manufacture and distribute drones in the US.
Ownership will be split 50:50 between ideaForge and First Breach.
The joint venture is subject to approvals and due diligence.
- Who
- ideaForge Technology and First Breach Inc.
- What
- Formed a joint venture to manufacture and distribute drones.
- When
- September 23 (agreement signed)
- Where
- United States
- Why
- To expand drone operations in the US.
- Companies Involved
- ideaForge Technology Inc., First Breach Inc.
- Joint Venture Name
- First Forge Technology Inc.
- Location
- United States
- Ownership Structure
- 50:50
- Focus
- Licensing, sourcing, design, engineering, manufacturing, distribution of drones