STOCKWATCH

Zen Technologies Acquires Majority Stake in TISA Aerospace for Loitering Munitions and UAVs

Zen Technologies Limited has announced the approval of the acquisition of a majority stake in TISA Aerospace Private Limited, a company specializing in indigenously developed loitering munitions and unmanned aerial vehicles (UAVs). This investment represents a strategic entry into the high-growth domain of loitering munitions, a rapidly evolving category of precision-guided weaponry. The acquisition will strengthen Zen’s position in the defence drone sector and provide immediate access to advanced technologies and platforms.

• Zen Technologies to acquire majority stake in TISA Aerospace
• TISA specializes in loitering munitions and UAVs
• Investment represents a focused entry into the loitering munitions domain
• Acquisition to strengthen Zen’s position in the defence drone sector
• TISA has achieved significant R&D milestones in loitering munitions