MoU14 Oct 2025, 09:08 am
Paras Defence and Space Technologies Ltd. Signs MoU with Cielo Inertial Solutions Ltd., Israel
AI Summary
Paras Defence and Space Technologies Limited (PARAS) has announced the signing of a Memorandum of Understanding (MoU) with Cielo Inertial Solutions Ltd. (CIELO), Israel. CIELO specializes in inertial solutions and is a manufacturer of Closed Loop FOGs, IMUs, GyroCompass, North Finding Systems, and INS. The collaboration aims to promote and pursue opportunities in India for the adaptation, marketing, sale, and production of Inertial Sensors and Closed Loop FOG based Inertial Solutions.
Key Highlights
- Paras Defence and Space Technologies Ltd. (PARAS) has signed an MoU with Cielo Inertial Solutions Ltd. (CIELO), Israel
- CIELO is a global technology expert in inertial solutions and an Israeli manufacturer of various inertial systems
- The collaboration aims to adapt, market, sell, and produce Inertial Sensors and Closed Loop FOG based Inertial Solutions in India
- Paras Defence and Space Technologies and Cielo Inertial Solutions will combine their respective capabilities for this partnership