Latest news with #MANPADS
Business Standard
2 days ago
- Business
- Business Standard
AXISCADES Tech gains after inking MoU for defense systems production with Indra
AXISCADES Technologies added 1.91% to Rs 1440 after the company announced the signing of a memorandum of understanding (MoU) with Europe-based Indra for collaborating on the production of solutions for the aerospace and defense markets. Indra is a global leader in defense, aerospace, and strategic systems. The agreement aims to manufacture in India several Indra solutions, such as distance measuring equipment (DME) that provides in-flight information to aircraft, and countermeasure systems, as part of a broader system designed by Indra to protect aircraft in flight from potential missile attacks using guided systems, such as the well-known MANPADS. The company further said that it is evaluating collaboration with Indra in MPA Airborne Solutions and exploring a dedicated partnership for DRDO CABS MRMR and MMMA programs. AXISCADES Technologies is a prominent technology solutions provider in defense, aerospace and strategic electronics.
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Business Standard
2 days ago
- Business
- Business Standard
Axiscades Technologies share jumps 5%, hits all-time high today; here's why
Axiscades Technologies share price: Axiscades Technologies shares were in demand on Friday, June 20, 2025, with the scrip rallying up to 4.67 per cent to hit a fresh all-time high of ₹1,479 per share. At 9:50 AM, Axiscades Technologies shares were trading 3.33 per cent higher at ₹1,460 per share. In comparison, BSE Sensex was trading 0.42 per cent higher at 81,703.22 levels. Why did Axiscades Technologies shares rise today? Shares of Axiscades Technologies surged today after the company signed two major international agreements aimed at boosting its presence in the aerospace, defence, and space technology sectors. The first boost came from a collaboration with Indra, a Spanish defence and technology major. The partnership aims to manufacture several of Indra's aerospace and defence systems in India, including Distance Measuring Equipment (DME) and countermeasure systems designed to protect aircraft from missile threats such as MANPADS. This alliance not only enhances Indra's global manufacturing footprint but also strengthens India's defence production capabilities under the 'Make in India' initiative. Both companies are also exploring future collaborations in Maritime Patrol Aircraft (MPA) solutions and key DRDO programmes, including MRMR and MMMA. Separately, on June 19, Axiscades Technologies entered into a strategic Memorandum of Understanding (MoU) with Aldoria, a leading European firm specialising in Space Surveillance and Situational Awareness (SSA). Announced at the 2025 Paris Air Show, the partnership aims to strengthen India's space capabilities by jointly developing software and integrated systems for orbital monitoring and collision avoidance. As part of the MoU, both companies will explore opportunities for high-level data integration and system alignment to deliver advanced SSA solutions that enhance India's space safety, security, and sovereignty. The collaboration also involves the exchange of selective technical insights to ensure compatibility with India's evolving space ecosystem. Following five months of discussions with ISRO and ISTRAC, Axiscades Technologies and Aldoria formalised this partnership to address growing needs in the space domain. The two firms will also work on scalable, end-to-end solutions designed to improve situational awareness in orbit—marking a major step toward building robust space infrastructure for the future. Sampath Ravinarayanan, chairman, Axiscades Technologies, said, 'India's growing constellation of space assets demands robust, indigenous SSA systems. Our collaboration with Aldoria marks an important milestone in our ongoing commitment to providing India's space ambitions with the best technology solutions available. We aspire to contribute and create a safe and sustainable space environment by combining our engineering expertise with Aldoria's pioneering role in space surveillance. Strategic space capabilities are essential for national security and long-term space exploration, and this alliance is a step toward enabling them.' About Axiscades Technologies Axiscades Technologies is among the leading technology and product engineering companies with over 25 years of expertise in aerospace, defence, and electronic systems & industrial automation (ESAI). The company provides end-to-end solutions—from conceptual design to manufacturing and certification—making it a trusted partner for OEMs and Tier 1 suppliers worldwide. The market capitalisation of Axiscades Technologies is ₹6,162.16 crore. The company falls under the BSE SmallCap index.
Time of India
27-05-2025
- Politics
- Time of India
Russia drones: Thought U.S. and EU drones were superior? Russia unleashes drones that fly higher and faster — here's all about them
Russia Using Modified Drones Drones Flying in Higher Altitudes, Bigger Challenge For Ukraine MANPADS: The Weapon Ukraine Needs ADVERTISEMENT FAQs Russia has recently changed its drone strategy, by operating it at higher altitudes and using modified drones that fly faster, and only higher-reaching weapons can be used to beat them, as per a drone used by Russia to attack Ukraine is the Shahed-136, which is an Iranian-designed weapon that Moscow now also produces in its own country, according to Business Insider. While, traditionally the Shahed-136, which is a one-way attack drone, could fly at speeds of over 115 mph with a 90-pound explosive warhead, reported Business Insider. But now, Russia has started using a modified version of the drone with an engine that lets it travel at speeds of more than 180 mph, as per the previously, Russia would launch its Shaheds at low altitudes to avoid radar detection, but now, the country is flying the drones higher, at more than 8,000 feet, which is beyond the reach of the machine guns that the Ukrainian mobile air defence unit uses to defend, according to Business who is the deputy commander of an air defence unit with Ukraine's Territorial Defense Forces, said that the newer tactic "makes the Shaheds inaccessible to mobile fire groups", all they can do is "observe them and report back," as reported by Business commander pointed out that, "To overcome this altitude barrier and stably engage drones with firepower, mobile groups need to use additional weapons, like shoulder-launched surface-to-air missiles, or Man-Portable Air Defense Systems (MANPADS)," as quoted in the also added that, "If our unit were additionally equipped with a manual MANPADS, the effectiveness of destroying air targets would increase by twofold," quoted Business a one-way attack drone originally designed in Iran and now built in Russia, used for long-range newer, modified versions can reach speeds over 180 mph, much faster than earlier models.
Time of India
27-05-2025
- Politics
- Time of India
Thought U.S. and EU drones were superior? Russia unleashes drones that fly higher and faster — here's all about them
Russia Using Modified Drones Drones Flying in Higher Altitudes, Bigger Challenge For Ukraine MANPADS: The Weapon Ukraine Needs Live Events FAQs (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Russia has recently changed its drone strategy, by operating it at higher altitudes and using modified drones that fly faster, and only higher-reaching weapons can be used to beat them, as per a drone used by Russia to attack Ukraine is the Shahed-136, which is an Iranian-designed weapon that Moscow now also produces in its own country, according to Business Insider. While, traditionally the Shahed-136, which is a one-way attack drone, could fly at speeds of over 115 mph with a 90-pound explosive warhead, reported Business Insider. But now, Russia has started using a modified version of the drone with an engine that lets it travel at speeds of more than 180 mph, as per the previously, Russia would launch its Shaheds at low altitudes to avoid radar detection, but now, the country is flying the drones higher, at more than 8,000 feet, which is beyond the reach of the machine guns that the Ukrainian mobile air defence unit uses to defend, according to Business who is the deputy commander of an air defence unit with Ukraine's Territorial Defense Forces, said that the newer tactic "makes the Shaheds inaccessible to mobile fire groups", all they can do is "observe them and report back," as reported by Business commander pointed out that, "To overcome this altitude barrier and stably engage drones with firepower, mobile groups need to use additional weapons, like shoulder-launched surface-to-air missiles, or Man-Portable Air Defense Systems (MANPADS)," as quoted in the also added that, "If our unit were additionally equipped with a manual MANPADS, the effectiveness of destroying air targets would increase by twofold," quoted Business a one-way attack drone originally designed in Iran and now built in Russia, used for long-range newer, modified versions can reach speeds over 180 mph, much faster than earlier models.
Hans India
26-05-2025
- Politics
- Hans India
New Photos Reveal Military Chiefs Monitoring Operation Sindoor Strikes on May 7
Newly released images from the Indian Army provide a rare glimpse into the war room during Operation Sindoor, where the heads of India's three armed forces were seen overseeing precision air strikes conducted on May 7 against terrorist infrastructure in Pakistan and Pakistan-Occupied Jammu and Kashmir (PoJK). The photos show Army Chief General Upendra Dwivedi, Navy Chief Admiral DK Tripathi, and Air Force Chief Air Chief Marshal AP Singh alongside a senior Army officer, closely monitoring live drone footage, satellite imagery, and real-time mission data. Coordinated Retaliation for Pahalgam Attack The operation was launched in response to the Pahalgam terror attack, where 26 civilians were killed in the Baisaran Valley. Codenamed Operation Sindoor — a tribute to the widows of the victims — the strikes targeted multiple high-value terror locations. One of the photos, timestamped 1:05 am on May 7, captures General Dwivedi and the senior officer intently observing mission feeds as Indian fighter jets, SCALP cruise missiles, and drones struck nine terror-linked sites, killing more than 140 terrorists. Targets included terror hubs used by Lashkar-e-Taiba (LeT), Jaish-e-Mohammed (JeM), and Hizbul Mujahideen, located in Bahawalpur, Muridke, Sialkot, Chakamru, and multiple locations in PoJK, such as Kotli, Bhimber, Gulpur, and Muzaffarabad. Key Terror Facilities Targeted Muridke: Headquarters of Lashkar-e-Taiba, led by Hafiz Saeed Headquarters of Lashkar-e-Taiba, led by Hafiz Saeed Bahawalpur: Operational base of Jaish-e-Mohammed, associated with Masood Azhar These locations have long been flagged by Indian intelligence and international observers as training and logistics hubs for cross-border terrorism. Pakistan Retaliation and India's Defensive Shield Following the strikes, Pakistan launched artillery fire and conducted drone and missile attacks on Indian military positions and civilian areas in Jammu and Kashmir. India's multi-layered air defence network — consisting of systems like MANPADS, Spyder, Akash, MRSAM, and S-400 — was instrumental in intercepting and neutralizing incoming threats. Also read: Guardians of the Sky – Inside India's Air Defence Network India's Measured Counter-Offensive In response to Pakistan's escalation, India launched a precision retaliation targeting 11 Pakistani air bases, including: Sargodha Nur Khan (Chaklala) Bholari Jacobabad Sukkur Rahim Yar Khan Skardu Pasrur Murid Rafiqui Chunian On May 8, Indian forces also targeted an air defence system in Lahore using an armed drone. Satellite imagery accessed by NDTV reveals significant damage at key installations including Sargodha, Chaklala, and Jacobabad, confirming the impact of India's strategic response. A Shift in Security Doctrine In a national address following the operation, Prime Minister Narendra Modi unveiled a new security doctrine, stating that: India will no longer tolerate nuclear brinkmanship from Pakistan. Any future dialogue with Islamabad will focus solely on terrorism and Pakistan-Occupied Jammu and Kashmir. The nexus between Pakistan's state machinery and terrorist organizations is now 'exposed and undeniable.' Calling Muridke and Bahawalpur the 'global universities of terror,' the Prime Minister linked these sites to international terror attacks, including 9/11 and the London Tube Bombings.
