Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Time Technoplast Limited ( (IN:TIMETECHNO) ) has shared an announcement.
Time Technoplast Limited announced the successful development and flight trials of an in-house hydrogen-powered drone integrating its Type-III composite hydrogen cylinders with a hydrogen fuel-cell system, marking the first such India-made integration on an unmanned aerial platform. The drone has met targeted endurance, payload, and operational benchmarks, underscoring clear performance and cost advantages over battery-powered drones and positioning the company to tap commercial, industrial, and defence use cases. Building on its earlier PESO approval for Type-III hydrogen cylinders and a partnership with Drone Stark Technologies, this milestone significantly broadens Time Technoplast’s addressable market within the fast-growing global drone ecosystem and aligns the company with India’s Green Hydrogen Mission, enhancing its role in clean-energy and UAV value chains.
More about Time Technoplast Limited
Time Technoplast Limited is an Indian manufacturer specializing in advanced polymer and composite products, including Type-III fully wrapped composite hydrogen cylinders. The company is increasingly focused on clean-energy applications and hydrogen storage solutions, targeting high-growth segments such as unmanned aerial vehicles and other next-generation energy-transition technologies in line with national “Make in India” and green hydrogen priorities.
Average Trading Volume: 79,424
Technical Sentiment Signal: Hold
Current Market Cap: 90.88B INR
See more insights into TIMETECHNO stock on TipRanks’ Stock Analysis page.