Deals1 Jul 2025, 02:44 pm
Paras Defence Subsidiary Receives Letter of Intent from Cerbair for CHIMERA 200 Units
AI Summary
Paras Defence and Space Technologies Ltd announced that its subsidiary, Paras Anti-Drone Technologies Private Limited, has received a Letter of Intent from Cerbair, a French leader in anti-drone solutions. The Letter of Intent is for the purchase of 30 units of CHIMERA 200, valued at approximately 2.2 million euros (₹ 22.21 crores). This comes after Cerbair acknowledged the swift progress of Paras Anti-Drone in the development of the CHIMERA 200 Project involving drone anti-jamming technology.
Key Highlights
- Paras Defence's subsidiary, Paras Anti-Drone Technologies Private Limited, receives Letter of Intent from Cerbair, a French leader in anti-drone solutions.
- The Letter of Intent is for the purchase of 30 units of CHIMERA 200, valued at approximately 2.2 million euros (₹ 22.21 crores).
- This deal comes after Cerbair acknowledged the swift progress of Paras Anti-Drone in the development of the CHIMERA 200 Project involving drone anti-jamming technology.