BEL has secured an order worth Rs. 850 Cr from Cochin Shipyard Limited for supply of indigenous Multi Function Radar in X Band. Additionally, following its last disclosure on Aug 22, 2024, BEL has secured orders worth Rs. 305 Cr.
Good news . Astra & PEL jv likely to enter in missile and AD like systems domain. Scope in space sector too.
High altitude habitat pods for IA:
View attachment IA-pods.mp4
View attachment IA-pods.mp4
Defence start-up Big Bang Boom raises ₹250 crore from investors
Big Bang Boom Solutions Private Ltd (BBBS), one of fastest-growing defence sector start-up, has secured over ₹250 crore from investors as part of its latest funding round which was oversubscribed.
This funding, the start-up stated in a statement to the media, comes on the back of the Ministry of Defence signing over ₹200 crore in a deal for indigenous anti-drone technology and its successful foray into the African continent.
The BBBS, a multi iDEX winner, said the company had already turned profitable in the previous financial year and looks set to deliver on its expectations in the years ahead.
The round was heavily oversubscribed and included marquee investors who led the round including Mumbai Angels Network, Vyom Family Office, SBI Startup Branch Chennai, Asquare Investing and others which were facilitated by the team of Negen Wealth. The firm also offered existing investors a chance to exit given heavy oversubscription.
“Building a defence business requires patient capital. But expecting investors to have a 25 year horizon is a pipe dream. We therefore looked at the problem through a different lens. We decided to rotate the capital table 8 times in 25 years giving investors timely exits and an option to stay on. This can help build a company that can be a legacy brand and add real value. It is better to under price a round than leave little on the table,” BBBS CEO Praveen Dwarakanath said.
The BBBS Naval Research and Development Center (NRDC) in Chennai has undertaken development in close collaboration with the Indian Navy on various projects including Non-Lethal Naval Deterrence, AI enabled Fire Detection and Suppression, High Expansion Fire Fighting Systems, and AI enabled Maintenance Modules, the company stated.
HFCL Takes a Quantum Leap in Defence Technology with General Atomics Aeronautical Systems Incorporated, USA Partnership
News provided by
HFCL
Sep 23, 2024, 11:22 ET
ATLANTA, Sept. 23, 2024 /PRNewswire/ -- HFCL Limited (HFCL), a leading Indian technology enterprise renowned for its state-of-the-art telecommunication and defence solutions, is proud to announce its strategic partnership with General Atomics Aeronautical Systems Incorporated (GA-ASI). In a significant development that underscores HFCL's technical prowess and commitment, the Company has been selected to develop and supply critical sub systems for GA-ASI's advanced Unmanned Aircraft Systems (UAS). This partnership marks a milestone in HFCL's journey, as it becomes a key contributor to one of the world's most sophisticated unmanned aerial vehicles (UAVs).
The collaboration envisions development of critical sub-systems for GA-ASI's current and future UAV platforms reflecting India's growing investment in advanced defence technologies. HFCL's selection as a high-technology supplier by GA-ASI is a testament to its cutting-edge research and development capabilities, which meet the stringent design, development, and delivery timelines required for this critical project.
A critical radar sub-system is being developed by HFCL for UAVs showcasing HFCL's technical excellence. This key payload component is known for its compact and lightweight design and adheres to the highest environmental and MIL-STD specifications. HFCL's products have consistently proven their durability and performance in the most challenging operational environments, solidifying the Company's reputation as a leader in defence technology.
HFCL's subsidiary namely Raddef, a front-runner in developing advanced radar and RF solutions, has been instrumental in driving innovation in the defence sector. The Company's comprehensive range of surveillance radars, which are versatile, portable, and deployable across various terrains, is already well-regarded in the industry. Furthermore, HFCL is actively developing a state-of-the-art Drone Detection Radar, set to become a crucial element in modern drone detection systems. The Company's ongoing R&D initiatives encompass a wide array of radar technologies, including Ground Surveillance Radars, Weather Radars, Threat Emulators, LTE-based Passive Radars, Fog and Foliage Penetration Radars, Coastal Surveillance Radars, Avalanche Detection Radars, Muzzle Velocity Radars and Altimeters.
Mr. Mahendra Nahata, Managing Director of HFCL, commented on this significant achievement, "We at HFCL have always been at the forefront of innovation, dedicated to enhancing national security through indigenous technology solutions. Our selection by General Atomics Aeronautical Systems Incorporated to develop critical sub-systems for the UAVs is a proud moment for us and reflects our unwavering commitment to the Make in India initiative. These drones, with their versatile applications, symbolize our resolve to contribute to the defence forces with cutting-edge technology. Our partnership with General Atomics reinforces HFCL's position as a trusted partner in the global defence landscape and underscores our dedication to supporting India's defence modernization efforts."
As India continues to rise as a global military power, accounting for 3.7% of worldwide military spending, HFCL is poised to lead innovation in the Indian defence technology space. Through its indigenous innovations and strategic collaborations, HFCL is committed to contributing to the modernization of India's military capabilities, aligning with the Government's Make in India policy and furthering the nation's security and defence objectives.
This landmark alliance with General Atomics not only elevates HFCL's standing in the global defence industry but also strengthens its commitment to delivering cutting-edge technology solutions that helps nations safeguarding and support their strategic goals.
About HFCL
HFCL is a leading technology company specialising in creating digital networks for telcos, enterprises and governments. Over the years, HFCL has emerged as a trusted partner offering sustainable high-tech solutions with a commitment to provide the latest technology products to its customers. Our strong R&D expertise coupled with our global system integration services and decades of experience in fiber optics enable us to deliver innovative digital network solutions required for the most advanced networks.
The Company's in-house R&D Centers located at Gurgaon, Bengaluru and Hyderabad along with invested R&D houses and other R&D collaborators at different locations in India and abroad, innovate a futuristic range of technology products and solutions. HFCL has developed capabilities to provide premium quality Optical Fiber and Optical Fiber Cables, state- of-the-art telecom products including 5G Radio Access Network (RAN) products, 5G Transport Products, Wi-Fi Systems (Wi-Fi 6, Wi-Fi 7), Unlicensed Band Radios, Switches, Routers and Defence electronics products.
The Company has state-of-the-art Optical Fiber and Optical Fiber Cable manufacturing plants at Hyderabad, Optical Fiber Cable manufacturing plant in Goa and in its subsidiary HTL Limited at Chennai.
HFCL is a partner of choice for its customers across India, Europe, Asia Pacific, Middle East, Africa and USA. HFCL's commitment to quality and environmental sustainability inspires it to innovate solutions for the ever-evolving customer needs.
Visit www.hfcl.com for more information.
HFCL Takes a Quantum Leap in Defence Technology with General Atomics Aeronautical Systems Incorporated, USA Partnership
/PRNewswire/ -- HFCL Limited (HFCL), a leading Indian technology enterprise renowned for its state-of-the-art telecommunication and defence solutions, is proud...
www.prnewswire.com
This order is for future air breathing propulsion application related , ie ramjet combustor
Why do MDL jokers write such outrageous statements and embarrass themselves and others. I bet China, Japan, Korea, France already had this from a long time. Otherwise, with such large Navy, Is China importing them from US? It doesn't even need technical knowledge but just common sense.
Controp-Paras Technologies Private Limited (JV between Paras Defence and Controp, Israel) had won an order for the Execution of Indian Content (IC) of the order for manufacturing and supply of 244 nos. of Sight–25HD EO (Electro-Optics) System along with Extended Warranty Charges and ILS Package, for L&T's CIWS Program amounting to Rs. 293 Crores.
