{"url":"https://newsforagent.com/news/2026-11-03/magellanic-cloud-mcray-uav-facility-ready","markdown_url":"https://newsforagent.com/news/2026-11-03/magellanic-cloud-mcray-uav-facility-ready.md","title":"Magellanic Cloud Readies UAV Plant in 60% MCRAY Venture","headline":"Magellanic Cloud Says MCRAY Drone Facility Is Ready for Phased Rollout","description":"Magellanic Cloud says its MCRAY joint venture's UAV manufacturing and testing premises are ready, with a 60% stake and phased drone production ahead.","section":"Expansion","published_at":"2026-11-03T04:38:30+00:00","modified_at":"2026-11-03T04:38:30+00:00","author":"News Desk","key_takeaways":["Magellanic Cloud holds a 60% equity stake in MCRAY XTEND INDIA, the joint venture with Rayonix Tech and Israel-based XTEND.","The ready facility is built for manufacturing, assembly, testing and distribution of tactical drones including Wolverine, Scorpio 500 and Scorpio 1000, XTENDER and Honey Badger.","MCRAY was formed in April 2026 with a commitment of ₹100 crore to build autonomous UAVs in India on XTEND's XOS operating system."],"companies":[{"name":"Magellanic Cloud","is_primary":true,"profile_url":"https://akta.pro/company-profiles/002nzah/magellanic-cloud","website":"https://magellanic-cloud.com/investors"},{"name":"XTEND","is_primary":false,"profile_url":"https://akta.pro/company-profiles/0000rg4/xtend","website":"http://www.xtend.me"}],"source":{"publisher":"ScanX","title":"Magellanic Cloud confirms readiness of UAV facility under joint venture","url":"https://scanx.trade/stock-market-news/companies/magellanic-cloud-confirms-readiness-uav-facility-under-joint-venture/55222811"},"other_sources":[],"tags":["Expansion","Magellanic Cloud","XTEND"],"body_markdown":"Magellanic Cloud said on November 3, 2026 that the premises for its unmanned aerial vehicle manufacturing and testing facility are ready, under the joint venture MCRAY XTEND INDIA PRIVATE LIMITED in which it holds a 60% equity stake. [ScanX](https://scanx.trade/stock-market-news/companies/magellanic-cloud-confirms-readiness-uav-facility-under-joint-venture/55222811) reported the disclosure.\n\n## Inside the MCRAY Drone Facility\n\n[Magellanic Cloud](https://akta.pro/company-profiles/002nzah/magellanic-cloud) is a Hyderabad-based IT services and surveillance systems integrator serving Indian Railways, PSU banks and government clients, and is expanding into autonomous UAV manufacturing through the XTEND joint venture. The new infrastructure is designed for end-to-end manufacturing, assembly, system integration, high-precision testing and distribution of tactical drone systems running on XTEND's proprietary XOS autonomy platform.\n\nMCRAY was established with Rayonix Tech and Israel-based [XTEND](https://akta.pro/company-profiles/0000rg4/xtend), and the joint venture was originally announced in April 2026. The facility is to serve as the exclusive manufacturing and distribution partner in India for select platforms running on the XOS operating system. Magellanic Cloud said production and testing capabilities, along with the start of commercial operations, are planned in phases.\n\nThe planned portfolio covers Wolverine for AI-assisted tactical and combat operations, Scorpio 500 and Scorpio 1000 for precision strike and extended-range reconnaissance, XTENDER for micro-ISR surveillance in GPS-denied environments, and Honey Badger for rugged mission-critical operations. The proposed business model combines tactical platform sales with potential software licensing, localised maintenance, repair and overhaul, and lifecycle support services. Magellanic Cloud said the expansion supports the Make in India and Aatmanirbhar Bharat initiatives.\n\n## What the MCRAY Records Show\n\nAccording to akta.pro [company records](https://akta.pro/company-data), the MCRAY XTEND INDIA joint venture was formed in April 2026 with a commitment of ₹100 crore to manufacture autonomous UAVs in India using XTEND's XOS operating system. The same records describe the partnership with XTEND as a strategic joint venture valued at approximately USD 11 million, with Rayonix Tech enabling technology integration and operational execution for domestic drone production.\n\n## Orders That Preceded the Drone Push\n\nMagellanic Cloud's surveillance business built a run of orders before the UAV facility announcement. In September 2026, ScanX reported that the company completed handover of 685 sites to Punjab & Sind Bank by the second week of August 2026, within five months, covering 74% of the 930-site Phase 1 scope. In October 2026, Outlook Business reported that subsidiary Provigil Surveillance received a ₹29.13 crore order from Northern Railway for CCTV and e-surveillance infrastructure at railway stations in Haridwar for Kumbh Mela 2027.\n\n## XTEND's US Drone Order\n\nThe Defense Post reported in October 2026 that XTend AI Robotics secured a US order for 6,000 combat drones after winning Gauntlet 2 of the DoD's Drone Dominance Program. CTech reported in November 2026 that XTEND laid off 10% of its workforce after its stock fell 75% since a $1.5 billion NYSE debut.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}