MoU11 Feb 2025, 07:34 pm
Apollo Micro Systems Signs MoU with Troop Comforts and Munitions India for Defence Systems Development
AI Summary
Apollo Micro Systems Limited has signed and exchanged a Memorandum of Understanding (MoU) with Troop Comforts Limited for a strategic business partnership focused on the joint manufacturing, marketing, and development of advanced Air-Defence systems, including Anti-Drone and Anti-Aircraft solutions. Additionally, the company has exchanged the MoU with Munitions India Limited for the joint development of various defence systems for domestic and international markets.
Key Highlights
- Strategic business partnership with Troop Comforts Limited for joint manufacturing, marketing, and development of advanced Air-Defence systems
- Collaboration envisions meeting the demands of various sectors including defence, paramilitary, police, central and state government organizations, and the export market
- MoU with Munitions India Limited exchanged for joint development of defence systems for domestic and international markets
- Both MoUs aim to identify and pursue opportunities for design, development, and deployment of advanced defence technologies