About Lantern Aerospace
Lantern Aerospace is a company based in Hyderabad (India) founded in 2020. It operates as a B2B. The company has 1 employees. Lantern Aerospace operates in a competitive market with competitors including DJI, ideaForge, Skydio, Vantage Robotics and H3 Dynamics, among others.
- Headquarter Hyderabad, India
- Employees 1
- SectorsAerospace, Defense & Maritime
- Website lanternaerospace.com
- Legal Name Lantern Aerospace Private Limited
- Date of Incorporation 29 Dec, 2020
- Jurisdiction Sangareddy, Telangana, India
- Annual Revenue₹29.1 Lakh
FY 2023
- Net Profit₹79,441
FY 2023 · 3% margin
- EBITDA₹1.3 Lakh
FY 2023 · 4% margin
- Employee Count1
Associated legal entities of Lantern Aerospace
Lantern Aerospace operates through Lantern Aerospace Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Lantern Aerospace Private Limited CIN U31908TG2020PTC147300 | Active | 29 Dec 2020 | Sangareddy, Telangana | ₹0.3 Cr | – | 2 | View details |
Board of directors of Lantern Aerospace Private Limited (Lantern Aerospace)
Lantern Aerospace Private Limited is the primary company behind Lantern Aerospace. The board of Lantern Aerospace Private Limited currently have 2 directors; the longest-serving is Swarupa Rani Emmadi, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Swarupa Rani Emmadi DIN 08655231 | Director | 29 Dec 2020 | 5 yrs 9 mo | Lantern Aerospace Private Limited |
| Revu Venkateswaramma DIN 09013090 | Director | 29 Dec 2020 | 5 yrs 9 mo | Lantern Aerospace Private Limited |
Financials of Lantern Aerospace
Figures of Lantern Aerospace Private Limited, the primary company behind Lantern Aerospace, for FY 2023. Revenue was ₹29.1 Lakh. Net profit was ₹79,441 (3% margin). EBITDA was ₹1.3 Lakh (4% margin).
- ₹29.1 LakhRevenue · FY 2023
- ₹79,441Net profit · 3% margin
- ₹1.3 LakhEBITDA · 4% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Lantern Aerospace Private Limited are on its company page.
Detailed financial statements for Lantern Aerospace
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Competitors of Lantern Aerospace
Lantern Aerospace operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DJI, ideaForge, Skydio, Vantage Robotics and H3 Dynamics, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dji.com | 2006 | Shenzhen, China | $105M | – | Multi-utility drones are developed for agriculture and filmmaking sectors. | |
| ideaforgetech.com | 2007 | Navi Mumbai, India | $53.82M | 1,052 | Developer of unmanned aerial vehicles | |
| skydio.com | 2014 | San Mateo, United States | $715M | 723 | Autonomous drones, software, and accessories are manufactured for various sectors. | |
| vantagerobotics.com | 2013 | San Francisco, United States | $8.94M | 37 | Unmanned aircraft systems are developed for government and business clients. | |
| h3dynamics.com | 2015 | Singapore | $39M | – | Aerial inspection services are delivered using automated drones. | |
| marutdrones.com | 2019 | Hyderabad, India | $6.35M | 132 | Precision drones are supplied for agricultural management tasks. | |
| garudaaerospace.com | 2015 | Chennai, India | $49.3M | 135 | Manufacturer of drones and provider of drone-based solutions across various sectors | |
| airoboticsdrones.com | 2014 | Scottsdale, United States | $101M | – | Design and development solutions for industrial drones are provided. | |
| acsl.co.jp | 2013 | Chiba, Japan | $25.09M | – | Conducts R&D on, and markets, drones and robotics-based technologies. |
Detailed competitors of Lantern Aerospace
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- Full competitor set
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Similar companies to Lantern Aerospace
10 companies that operate in the same segment as Lantern Aerospace (Aerospace Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based software suites are developed for navigation applications. | 1893 | Paris, France | – | USD 26.01 B | 83,020 | |
Autonomous aerial vehicles are provided for consumer and commercial uses. | 2014 | Guangzhou, Guangdong, China | USD 94 M | USD 58.15 M | 483 | |
Electric VTOL aircraft are developed for passenger and cargo transport. | 2012 | South Burlington, Vermont, United States | USD 1.5 B | – | 535 | |
Electric copters for urban mobility are manufactured and developed. | 2011 | Bruchsal, Baden-wurttemberg, Germany | USD 725.73 M | – | – | |
Autonomous electric eVTOL vehicles are developed for passenger air transport. | 2019 | Mountain View, California, United States | USD 450 M | – | – | |
Unmanned and manned aerial vehicles with payloads are developed. | 1989 | Manassas, Virginia, United States | USD 6.85 M | – | – | |
Supersonic passenger airplanes are manufactured for faster long-distance travel. | 2014 | Denver, Colorado, United States | USD 558.46 M | – | – | |
Provider of tech-enabled on-demand industrial 3D printing services | 2012 | Davie, Florida, United States | USD 25 M | – | 93 | |
Automatic flight control systems are provided for aircraft automation. | 2010 | Mountain View, California, United States | USD 125 M | – | 72 | |
Electric vertical takeoff and landing aircraft are developed. | 2018 | San Jose, California, United States | – | USD 300 K | 1,150 |
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Frequently Asked Questions about Lantern Aerospace
Lantern Aerospace was founded in 2020.
Lantern Aerospace is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Lantern Aerospace has 1 employees.
The primary company behind Lantern Aerospace, Lantern Aerospace Private Limited, reported revenue of ₹29.1 Lakh for FY 2023.
Lantern Aerospace, established in 2020, excels in aerospace and defense, developing aviation tech, drone solutions, and technology services. Provides comprehensive drone technology solutions for various applications. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Lantern Aerospace's top competitors include DJI, ideaForge and Garuda Aerospace.
Lantern Aerospace operates through Lantern Aerospace Private Limited.
The legal entities of Lantern Aerospace currently have 2 directors, including Swarupa Rani Emmadi, Revu Venkateswaramma.