Axiscades Technologie’s arm bags Rs 90 crore order from BEL

Axiscades Technologies Ltd’s subsidiary, Mistral Solutions has secured an order worth Rs 90 crore from Bharat Electronics Limited for the design, development, and supply of eight Radar Processing Systems.

As per the company officials, the order has been intended for the Arudhra Medium Powered Radar (MPR), a 4D Radar capable of automatic detection, and tracking of various aerial targets. The system is targeted to be delivered after four years.

 The MPR, developed by DRDO, is an indigenous radar system designed to enhance India’s defense capabilities. Mistral Solutions is subcontracted for the design and development of the RADAR Signal Processing system and has built the system to meet high standards of performance and reliability. The RADAR Signal Processing system is now ready for deployment after field trials.  

Read Also : IndusInd Bank Q1 FY25 results, net profit at 2% YoY

 This development is touted for India’s self-reliance in defense technology in line with the Mistral’s liquid-cooled, rugged systems designed for deployment in adverse conditions. 

Arun Krishnamurthi, the CEO, and MD of AXISCADES Technologies said “We are honored to secure this substantial order from BEL for the supply of Radar Processing Systems. We are working to actively support indigenous defense projects, and this order is a significant step in our commitment to deliver advanced technological solutions to enhance India’s defense capabilities. Our role as a key player in the Indian defense technology ecosystem shall be further boosted with this project. We remain committed to providing valuable contributions to the nation’s security through our technological innovation and excellence.” 

Read Also : RBI issues guidelines on higher liquidity coverage ratio for retail deposits