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Home Startup News Indian Navy signs Rs 66 crore deal with Odisha-based Deep-tech startup Coratia Technologies

Indian Navy signs Rs 66 crore deal with Odisha-based Deep-tech startup Coratia Technologies

Under the deal, Coratia will supply three platforms—Jalasimha, Jaladuta, and Navya (ASV)—for seabed mapping and real-time data processing.

By Aryan Sharma
New Update
Indian Navy signs Rs 66 crore deal with Odisha-based Deep-tech startup Coratia Technologies

The Indian Navy has signed a ₹66 crore deal with Odisha-based Coratia Technologies to supply indigenously developed Underwater Remotely Operated Vehicles (UWROVs) and an Autonomous Surface Vehicle (ASV).

The systems use sonar mapping and AI-driven analytics to boost underwater surveillance and reduce reliance on imports.

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Under the deal, Coratia will supply three platforms—Jalasimha, Jaladuta, and Navya (ASV)—for seabed mapping and real-time data processing. Signed in the presence of senior Navy officials, this marks the first large-scale use of India-made UWROVs in active naval operations.

“This is not only a recognition of our capability to design and manufacture mission-critical underwater systems but also symbolises the Navy’s efforts to strengthen India’s research and innovation ecosystem through initiatives like iDEX,” said Coratia CEO and co-founder Debendra Pradhan.

CTO and co-founder Biswajit Swain added, “Induction of indigenous UWROVs not only reduces costs and reliance on foreign suppliers but also combats trade restrictions and tariff uncertainties.”

Coratia’s UWROVs are designed to be cost-efficient and dual-use, beyond just naval applications. The startup works with clients like SAIL, Indian Oil, Indian Railways, and Tata Steel, using its robots for dam and bridge inspections, offshore energy monitoring, subsea pipeline checks, marine studies, and disaster response.

In July 2025, Coratia Technologies raised ₹17.4 crore in a Pre-Series A round led by MGF Kavachh and supported by Pontaq Ventures India. The funds will boost R&D, strengthen intellectual property, and support exports to meet growing global demand.

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