MANUFACTURING
Zen Technologies To Buy 52% Stake In Cogknit Semantics For ₹135 Cr
Defence technology company Zen Technologies has approved the acquisition of a 51.98% stake in Cogknit Semantics Pvt Ltd (CSPL) for a cash consideration of up to ₹135.15 crore, expanding its portfolio into artificial intelligence (AI)-based battlefield management and situational-awareness systems. The acquisition, on a fully diluted basis, will be carried out through the purchase of […]
CW Bureau
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Oct 17, 2026
MANUFACTURING
Sigma And Munitions India Signs Pact For Indigenous Artillery Fuzes
Sigma Advanced Systems Ltd, a defence technology and precision engineering company, has signed an exclusive memorandum of understanding (MoU) with Munitions India Ltd (MIL) for the integration, indigenous manufacturing and supply of 155 mm artillery course correction fuzes (CCF). The agreement covers associated components, subsystems and technologies. The collaboration aims to strengthen India’s indigenous capabilities […]
CW Bureau
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Oct 14, 2026
STARTUP/TECHNOLOGY
ThinkMetal Raises ₹27 Cr To Scale Metal 3D Printing Technology In India
ThinkMetal, an advanced materials and manufacturing technology company, has raised ₹27 crore in a funding round led by IAN Alpha Fund, the second venture capital fund launched by the IAN Group. The round also saw participation from 3i Partners and existing investors. The company will deploy the fresh capital towards product development, expanding its materials […]
CW Bureau
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Oct 13, 2026
STARTUP/TECHNOLOGY
BITS Pilani, DIAT Sign 20 MoUs With Defence And Aerospace Companies
BITS Pilani and the Defence Institute of Advanced Technology (DIAT), Pune, have signed and exchanged 20 memoranda of understanding (MoUs) with defence and aerospace companies as part of an initiative to accelerate indigenous technology development and deployment. The MoUs were signed at the Defence & Aerospace Industry Day 2026 held at the BITS Pilani Hyderabad […]
CW Bureau
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Sep 25, 2026
STARTUP/TECHNOLOGY
EyeROV Presents Underwater Drones To World Leaders At BRICS Summit
EyeROV, a Kerala-based deep-tech startup, showcased its underwater drones to world leaders at the recently concluded BRICS Summit in New Delhi. Co-founder and CEO Johns T Mathai demonstrated the company’s Remotely Operated Vehicle (ROV) technology, highlighting applications in infrastructure inspection, defence, maritime security and scientific research. Focus on underwater inspection Dams, bridges, ports and offshore […]
CW Bureau
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Sep 17, 2026
STARTUP/TECHNOLOGY
Bharat Forge, Pratt & Whitney Canada To Evaluate Turboprop Engines
Bharat Forge Ltd and Pratt & Whitney Canada will work together to evaluate the integration of advanced turboprop engines into a high-altitude, long-endurance (HALE) unmanned aerial vehicle (UAV) programme developed by India’s Defence Research and Development Organisation (DRDO). The collaboration supports India’s indigenous unmanned aerial systems efforts under the Government’s Aatmanirbhar Bharat initiative. Pratt & […]
CW Bureau
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Sep 15, 2026
MANUFACTURING
MIL Partners With Drogo Aerospace To Develop UAVs, Loitering Munitions
Munitions India Ltd (MIL), a defence public sector undertaking under the Ministry of Defence, has signed a memorandum of understanding (MoU) with Drogo Aerospace Pvt Ltd to collaborate on the design, development and integration of indigenous unmanned aerial vehicles (UAVs) and loitering munition systems. The MoU was signed in Pune by Yashwanth Bonthu, Founder and […]
CW Bureau
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Sep 5, 2026
B
HAL, Safran Sign Contract To Develop Aravalli Helicopter Turboshaft Engine
Hindustan Aeronautics Ltd (HAL) and Safran Helicopter Engines have signed a contract with SAFHAL Helicopter Engines Pvt. Ltd. for the design, development, manufacture, supply and lifecycle support of a new-generation high-power helicopter engine in the 3,500-4,000 shp class. Named Aravalli, the turboshaft engine has been selected to power HAL’s upcoming 13-ton Indian Multi-Role Helicopter (IMRH) […]
CW Bureau
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Aug 26, 2026
STARTUP/TECHNOLOGY
Indrajaal-Sigma Consortium Secures Order For Anti-Drone Patrol Vehicles
Indrajaal Autonomous Defense Systems and Sigma Advanced Systems have secured orders worth ₹155 crore for Indrajaal Ranger, an anti-drone patrol vehicle designed to extend counter-drone security beyond military installations to border villages, VVIP routes and urban areas. The Indrajaal-Sigma consortium has received a ₹145 crore order from the Home Ministry, while an urban police agency […]
CW Bureau
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Aug 18, 2026
MANUFACTURING
Zen Technologies Bets Big On DAP 2026 To Boost Defence Order Pipeline
Defence technology company Zen Technologies Ltd expects India’s evolving defence procurement framework and continued push for indigenisation to accelerate order inflows, while reiterating its guidance of achieving a cumulative turnover of ₹4,000 crore across FY27 and FY28. In his message to shareholders in the company’s Annual Report 2026, Chairman and Managing Director Ashok Atluri said […]
CW Bureau
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Aug 7, 2026
MANUFACTURING
Zen Technologies Unveils India’s First Man-Portable Anti-Drone System
Defence technology company Zen Technologies Ltd has unveiled India’s first indigenous high-altitude Man-Portable Anti-Drone System (MPADS), designed to protect troops operating in mountainous and remote terrains against the growing threat of hostile drones. The company chose Kargil Vijay Diwas to launch the new system, saying it honours the courage and sacrifice of the Indian Armed […]
CW Bureau
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Jul 26, 2026
STARTUP/TECHNOLOGY
Blurgs AI Raises Fresh Capital To Take Indian Deep-Tech Innovation Global
Blurgs AI, an IIT Madras alumni-founded deep-tech startup, has raised $2.2 million in a funding round led by Pravega Ventures and Shastra VC to accelerate the global expansion of its artificial intelligence-powered intelligence platforms for defence, national security and commercial maritime applications. The funding round also saw participation from angel investors Suraj Nalin, Co-founder of […]
CW Bureau
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Jul 7, 2026