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RattanIndia Enterprises' drone company TAS approved for 'Aero' Domain; Stock gains ~3%

2 Aug 2022 , 11:34 AM

Rattanindia Enterprise Ltd (REL) has announce that its subsidiary Throttle Aerospace Systems (TAS) has bagged an approval to migrate its website to Aero Domain. The first top level domain based on a single industrial theme was created in 2002 and operated by SITA, ‘aero’. The domain is reserved for the companies, organizations, government agencies including any association reserved in the aerospace-related fields.
As per the filing, Rattanindia Enterprises had recently acquired a controlling interest in India’s leading drone company, Throttle Aerospace Systems Private Limited (TAS), by acquiring majority of shareholding through NeoSky India Limited.
The ‘aero’ domain implies robust presence of TAS in the industry and it’s also highly trusted and recognized by customers. The prefix ‘aero’ signifies the role played by TAS in this industry. 
“The domain is unique, short, and easy to remember, allowing our customers find us easily on the web. The new domain gives the opportunity to stand out in the aerospace as a company of integrity by joining a domain and adhering to its rules, which comes with protected integrity”, the company said.
On this aero domain, TAS has launched a new website which is now live and offers a range of features. The website introduces multiple useful options that are previously unusual in the drone business.
In addition this, it further added, “The website includes 360° product experience which lets our customers view the products in a 360-degree perspective and choose the various payloads and accessories required for the drone remotely over a few clicks. Meanwhile, there will be a feature for data set requests for letting people better examine the data quality, and more functionality, which enables the website to support multiple devices.

At around 11:37 AM, RattanIndia Enterprises was trading at Rs45.10 per share higher by 2.73% on the BSE.

Related Tags

  • acquisition
  • Aero space
  • drone business
  • launch
  • RattanIndia Enterprises Limited
  • RattanIndia Enterprises Limited shares
  • RattanIndia Enterprises Limited stocks
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