
Investment9 Feb 2026, 05:11 pm
Apollo Micro Systems Achieves Record Q3FY26 Performance, Enters Strategic Investment in Hyderabad, and Signs MoU with Indian Navy and IIT Chennai
AI Summary
Apollo Micro Systems Ltd (AMS) has achieved a record Q3FY26 performance and entered into a strategic investment in Hyderabad. The company has also signed a Memorandum of Understanding (MoU) with the Indian Navy represented by DGNAI, and IIT Chennai. The MoU was exchanged at Swavalamban 2025, in the presence of the Hon’ble Raksha Mantri, Shri Rajnath Singh, underscoring the ‘Aatmanirbhar Bharat’ vision. AMS has also received an Industrial License under the IDR Act, 1951, authorizing the manufacture of Cyclotetramethylenetetranitramine (HMX) and Trinitrotoluene (TNT). This represents a significant strategic milestone for AMS, enabling its entry into the critical domain of defence explosives.
Key Highlights
- Apollo Micro Systems achieves record Q3FY26 performance
- Enters into a strategic investment in Hyderabad
- Signs MoU with Indian Navy represented by DGNAI, and IIT Chennai
- Received Industrial License under the IDR Act, 1951, for the manufacture of Cyclotetramethylenetetranitramine (HMX) and Trinitrotoluene (TNT)