About Kadet
Kadet is an Aerospace, Defense & Maritime company based in Kolkata (India) founded in 2007. Unmanned aerial systems are manufactured for defence surveillance and reconnaissance. Kadet has raised $1.06 million across 2 funding rounds from investors including MKU and Kanchan Metals. Kadet was last valued at $3.79 million in September 2023. Its Indian entity Kadet Defence Systems Private Limited reported revenue of ₹2.44 Cr. Kadet offers products and services including JX2-20, JX3-30, PD1A, and PD2. Its focus areas include High Tech, Drones, Military Drones and Aerospace, Maritime and Defense Tech. Its competitors include ideaForge, Newspace Research and Technologies and Tata Advanced Systems; 2 of its 3 listed competitors have raised funding.
Company details
Kadet Defence Systems, has started out creating an aerial target for the Indian army but has later branched out into manufacturing unmanned systems, producing and selling unmanned aircraft for intelligence, surveillance and reconnaissance. It was awarded a long-term contract from the Indian Ministry of Defence for its JX2 Radio Controlled Aerial Target (RCAT) System. The company has also been supporting state-owned weapon developmental agencies, including Bharat Electronics Ltd. (BEL) with its Aerial Targets. It is the first Indian company to win a defence ministry contract for aerial targets.
- Headquarters Kolkata, India
- Stage Minicorn
- SectorsAerospace, Defense & Maritime
- Email••••••••
- Phone•••• ••••
- Website kadet-uav.com
- Social LinkedIn X Facebook
- Legal Name Kadet Defence Systems Private Limited
- Date of Incorporation 28 Sep, 2011
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹2.44 Cr
FY 2024 · +49% YoY
- Net Profit₹29.9 Lakh
FY 2024 · 12% margin
- EBITDA₹47.2 Lakh
FY 2024 · 19% margin
- Total Equity Funding$1.06M (USD)
in 2 rounds
- Latest Funding Round$986.74K (USD), Seed
Sep 2023
- InvestorsMKU
& 1 more
Associated legal entities of Kadet
Kadet operates through Kadet Defence Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kadet Defence Systems Private Limited CIN U74999WB2011PTC168243 | Active | 28 Sep 2011 | Kolkata, West Bengal | ₹2.4 Cr | 2 | View details |
Products & Services of Kadet
Kadet offers a comprehensive portfolio of products and services, including JX2-20, JX3-30, PD1A, and PD2.
Simulates aerial threats for air defense training and evaluation.
Provides training for fast-moving threats like jets and missiles.
Armed UAV for precise ground target engagement and strikes.
Deploys large bombs for long-range strategic operations.
Funding Insights of Kadet
Kadet has successfully raised a total of $1.06M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $986.74 thousand completed in September 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.06M
- Total Rounds 2
- Last Round Seed — $986,739
- First Round $75,175
(Jul 2022)
- Investors Count 2
All 2 funding rounds of Kadet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2023 | $986,739 | Seed | $3.79M | MKU | – |
| Jul 2022 | $75,175 | Seed | $2.44M | Kanchan Metals | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2023 | $3.79M | •••••••• |
| Jul 2022 | $2.44M | •••••••• |
Last known valuation $3.79M (Sep 2023). 2 investors in total: 2 institutional.
Investors in Kadet
Kadet has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include MKU and Kanchan Metals.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Food processing equipment is manufactured for various food segments. | snackfoodmachines.com | Greater Noida, India | ||
Smart ballistic protection solutions are provided for military use. | 1985 | mku.com | Kanpur, India |
Investor details for Kadet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Kadet Defence Systems Private Limited (Kadet)
Kadet Defence Systems Private Limited is the primary company behind Kadet. The board of Kadet Defence Systems Private Limited currently have 2 directors; the longest-serving is Avdhesh Khaitan, appointed in 2011.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Avdhesh Khaitan DIN 03627137 | Director | 28 Sep 2011 | 15 yrs 1 mo | Kadet Defence Systems Private Limited |
| Surendra Kumar Khaitan DIN 00088640 | Director | 28 Sep 2011 | 15 yrs 1 mo | Kadet Defence Systems Private Limited |
Financials of Kadet
Figures of Kadet Defence Systems Private Limited, the primary company behind Kadet, for FY 2024. Revenue was ₹2.44 Cr (+49% year on year). Net profit was ₹29.9 Lakh (12% margin). EBITDA was ₹47.2 Lakh (19% margin). Revenue has grown at a compounded annual rate of +13% over three years and +25% over five years.
- ₹2.44 CrRevenue · FY 2024 · +49% YoY
- ₹29.9 LakhNet profit · 12% margin
- ₹47.2 LakhEBITDA · 19% margin
- ₹1 LakhPaid-up capital
- +13%Revenue CAGR, 3 years
- +25%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Kadet Defence Systems Private Limited are on its company page.
Detailed financial statements for Kadet
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Kadet
4 dated milestones of Kadet across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Kadet is founded.
- Funding First funding round of $75K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $987K.
Competitors of Kadet
Kadet has 3 listed competitors in our database, 2 of them funded. They include ideaForge, Newspace Research and Technologies and Tata Advanced Systems.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ideaforgetech.com | 2007 | Navi Mumbai, India | $53.82M | 1,052 | Developer of unmanned aerial vehicles | |
| newspace.co.in | 2017 | Bengaluru, India | $73.23M | 434 | Next-generation unmanned systems and aerospace technologies are developed. | |
| tataadvancedsystems.com | 2007 | Delhi, India | 1,087 | Designs and manufactures defense vehicles, aerospace structures, and security systems for military use. |
Detailed competitors of Kadet
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Kadet
The website of Kadet (kadet-uav.com) receives about 2K visits a month.
- Monthly visits2K
▼ 8.2% vs previous month
Websites whose visitors overlap most with Kadet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| fwdefence.com | 100% | 9.2K | #2,626,090 | View details | |
| promfgmedia.com | 92% | 5K | #3,931,479 | View details |
Top companies in Drone & Aerial Mobility
2 companies that operate in the same segment as Kadet (Drone & Aerial Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of unmanned aerial vehicles | 2007 | Navi Mumbai, Maharashtra, India | USD 53.82 M | USD 24.09 M | 595 | |
Manufacturer of drones and provider of drone-based solutions across various sectors | 2015 | Chennai, Tamil Nadu, India | USD 59.3 M | USD 12.94 M | 130 |
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Frequently Asked Questions about Kadet
Kadet was founded in 2007 and raised its 1st funding round 15 years after it was founded.
Kadet is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Kadet is a funded company, having raised a total of $1.06M across 2 funding rounds to date. The company's 1st funding round was a Seed of $75.18K, raised on Jul 2022.
The primary company behind Kadet, Kadet Defence Systems Private Limited, reported revenue of ₹2.44 Cr for FY 2024, up 49% year on year.
Kadet Defence Systems, has started out creating an aerial target for the Indian army but has later branched out into manufacturing unmanned systems, producing and selling unmanned aircraft for intelligence, surveillance and reconnaissance. It was awarded a long-term contract from the Indian Ministry of Defence for its JX2 Radio Controlled Aerial Target (RCAT) System. The company has also been supporting state-owned weapon developmental agencies, including Bharat Electronics Ltd. (BEL) with its Aerial Targets. It is the first Indian company to win a defence ministry contract for aerial targets.
Kadet's top competitors include ideaForge, Newspace Research and Technologies and Tata Advanced Systems.
Kadet offers JX2-20, JX3-30, PD1A, and PD2.
Kadet has 2 investors. Key investors include MKU, and Kanchan Metals.
The valuation of Kadet is $3.79M as of Sep 2023.
Kadet operates through Kadet Defence Systems Private Limited.
The legal entities of Kadet currently have 2 directors, including Avdhesh Khaitan, Surendra Kumar Khaitan.