Defence Tech Startup Tonbo Imaging Bags Rs 175 Crore in Pre-IPO Funding
Tonbo, a defense tech startup, has secured a significant investment of Rs 175 crore, enabling the development of advanced infrared sensors and microwave technologies.
Category: Industry
Ashok Leyland’s Defence Unit Secures ₹700 Crore Orders from Indian Army
Ashok Leyland will give the Indian Army vehicles worth 700 crore rupees. They make trucks and buses for the army. The company wants to help India make its own defense things.
Zen Technologies Shares Rise Over 4% After Securing Defence Ministry Order
Zen Technologies’ stock rose after they secured a 152 crore rupee order from India’s defense ministry. They will supply virtual simulators for air defense training.
BEML Ltd Launches Indigenous 12×12 High Mobility Vehicle to Boost India’s Defence Capabilities for VRDE
BEML launched a powerful 12×12 truck for the Indian Army. It handles tough terrain and heavy loads.
Force Motors Secures Order for 2,978 Vehicles from Indian Defence Forces
The order includes vehicles tailored to meet the operational requirements of both the Indian Army and the Indian Air Force, reinforcing the company’s legacy in the defence sector.
Bharat Dynamics Jumps 2% After Winning ₹4,362 Crore Defence Order
Bharat Dynamics’ stock price surged 2% following a significant Defence Order from the Ministry of Defence, valued at ₹4,362 crore. The Ministry’s order supplies armaments to the Indian Armed Forces.
HAL’s Prachand Helicopters Ready for Large-Scale Deployment, Army & IAF to Receive 145 LCHs Soon
The Defence Ministry is approving the purchase of 145 Light Combat Helicopters (LCH) from HAL, with the Indian Army and IAF receiving 90 and 66 helicopters respectively.
HAL Offers 50% Stake to 4 Private Firms in AMCA Fighter Jet JV
Indian company HAL is forming a joint venture with 4 private firms to manufacture the Advanced Medium Combat Aircraft (AMCA), promoting self-reliance and dividing manufacturing into work packages.
GRSE, Adani Energy, BDL, HAL, BEL Lead Nifty Defence Index Rally
Sanjay Seth, the Minister of State for Defense, praised GSL for launching ‘Tavasya’, India’s second advanced frigate, marking a step towards self-reliance in defense manufacturing
DRDO Partners With IIT Guwahati’s Da Spatio for AI-Powered Border Patrol Robots
India’s IIT Guwahati is developing self-driving robots for defence, demonstrating their ability to patrol international boundaries day and night.
