News
Tue 28 Jan 2025
: India has finalized a $340 million (approximately 29.6 billion rupees) contract for the acquisition of more than 70 Medium-Range Surface-to-Air Missile (MRSAM) systems. The systems, based on the Israeli-designed Barak 8 air defense platform, will be...
Tue 28 Jan 2025
: India and the United States are in advanced stages of discussions to finalize a deal for the joint production of GE-F414 fighter jet engines. The engines, intended for India's Light Combat Aircraft (LCA) Mk2 program, are a collaboration between...
Mon 27 Jan 2025
: DroneAcharya Aerial Innovations, listed on the Bombay Stock Exchange (BSE), has entered into a term sheet agreement for a strategic merger with AVPL International. While the financial details of the agreement were not disclosed, the partnership aims...
Mon 27 Jan 2025
: M Mohan, currently serving as Director (Projects) at the Vikram Sarabhai Space Centre (VSSC), has been appointed as the Director of the Liquid Propulsion Systems Centre (LPSC), according to a press release issued by the Indian Space Research...
Mon 27 Jan 2025
: Contract manufacturer Aequs has announced plans to expand its aerospace and consumer electronics manufacturing operations and establish a Maintenance, Repair, and Overhaul (MRO) facility in partnership with Canada-based Magellan Aerospace...
Mon 27 Jan 2025
: Aexo Aerospace, an Indian aerospace startup, has officially launched with a focus on developing electric vertical take-off and landing (eVTOL) vehicles for urban air mobility. According to a press release issued by the company, Aexo aims to address...
Sun 26 Jan 2025
: India and Indonesia are in advanced discussions to finalize a defense trade deal involving the export of BrahMos supersonic cruise missiles. The transaction, valued at approximately $450 million, is expected to use a rupee-rupiah mechanism,...
Sat 25 Jan 2025
: HaveUs AeroTech has acquired two acres of land in Barrackpore, Kolkata, for a new Maintenance, Repair, and Overhaul (MRO) facility, according to a company press release dated January 24, 2025. The initial phase of the project will include a 10,000-...
Fri 24 Jan 2025
: Paras Defence & Space Technologies Limited has announced plans to invest ₹12,000 crore to establish an Optics Park in Maharashtra. The project is supported by a Memorandum of Understanding (MoU) signed between the company and the Government of...
Fri 24 Jan 2025
: General Aeronautics (GA), a Bangalore-based company specializing in drone technology for agriculture, has completed its Series A+ funding round, led by Fowler Westrup India. The funding amount has not been disclosed.
According to a press release,...
Fri 24 Jan 2025
: Dream Aerospace has raised Rs 3 crore in a pre-seed funding round led by Inflection Point Ventures (IPV). According to a press release issued by the company, the funding will support the development of its flagship product, the ATOM Thruster, and...
Fri 24 Jan 2025
: Sanlayan Technologies, an electronics startup, has acquired a majority stake in Dexcel Electronics, a company specializing in embedded systems for over 20 years.
The acquisition is expected to enhance Sanlayan’s capabilities in developing solutions...
Fri 24 Jan 2025
: JSW Defence has signed a Memorandum of Understanding (MoU) with the Telangana government to establish a facility for manufacturing Unmanned Aerial Systems (UAS). The investment, totaling ₹800 crore, will be made through JSW UAV, a subsidiary of JSW...
Thu 23 Jan 2025
: The Uttar Pradesh government has approved a new Aerospace and Defence Unit policy aimed at attracting Rs 50,000 crore in investments and creating one lakh jobs over the next five years. The policy, which was approved by the state cabinet led by...
Thu 23 Jan 2025
: Honeywell announced its target to achieve $1 billion in revenue from its India operations by 2025. The announcement was made during the company’s participation at the World Economic Forum in Davos, reflecting its focus on expanding its business...