
Business Update28 Sept 2026, 01:08 pm
Paras Defence Secures ₹26.59 Cr Order from DRDO for Hyperspectral Mission
AI Summary
Paras Defence and Space Technologies Limited has received an order valued at approximately ₹26.59 crore (including taxes) from the Defence Research and Development Organisation (DRDO), Ministry of Defence. The company will act as the Lead System Integrator and will be responsible for the design, analysis, fabrication, manufacturing, and assembly of the Optics and Opto-Mechanical Unit for a Hyperspectral Mission. The payload is intended for Earth Observation and is a Space-Borne System. The order is to be executed by September 27, 2027. This contract signifies a significant business win for Paras Defence in the defense and space technology sector.
Key Highlights
- Paras Defence awarded ₹26.59 Cr order from DRDO.
- Company to be Lead System Integrator for Hyperspectral Mission.
- Order includes design, fabrication, and assembly of optics.
- Payload qualifies as Space-Borne System for Earth Observation.
- Execution deadline set for September 27, 2027.
Price Impact
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