Latest news with #MBDA
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Business Standard
14 hours ago
- Business
- Business Standard
Axiscades, Europe's MBDA join hands to set up defence unit Bengaluru
Homegrown Axiscades on Friday said it has signed an agreement with European missile systems major MBDA to set up a defence facility in Karnataka Homegrown Axiscades on Friday said it has signed an agreement with European missile systems major MBDA to set up a defence facility in Karnataka. The pact has been inked through its wholly owned subsidiary Axiscades Aerospace and Technologies to set up the unit at the Aerospace Park near Kempegowda International Airport, Bengaluru, Axiscades Technologies (Axiscades) said in a statement. "The facility will be equipped with test bench laboratories, infrastructure for missile launchers, specialized equipment, and trained technical personnel to support MBDA's advanced systems engineering requirements," it said. The agreement was signed on the sidelines of the ongoing Paris Air Show 2025 in France. In May, Axiscades CEO and MD Alfonso Martinez said, "As we approach FY26, our priority is to capitalise on the opportunities in emerging sectors like manufacturing, MRO, chip-to-product and advanced defence technologies, including unmanned warfare, to bring about non-linear, product-led, scalable growth". Bengaluru-based Axiscades is a leading end-to-end engineering and technology solutions provider, catering to sectors like aerospace, defence, heavy engineering, automotive and energy, among others. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Time of India
15 hours ago
- Business
- Time of India
Axiscades, Europe's MBDA join hands to set up defence unit in Bengaluru
Homegrown Axiscades on Friday said it has signed an agreement with European missile systems major MBDA to set up a defence facility in Karnataka . The pact has been inked through its wholly owned subsidiary Axiscades Aerospace and Technologies to set up the unit at the Aerospace Park near Kempegowda International Airport, Bengaluru , Axiscades Technologies (Axiscades) said in a statement. "The facility will be equipped with test bench laboratories, infrastructure for missile launchers , specialized equipment, and trained technical personnel to support MBDA's advanced systems engineering requirements," it said. The agreement was signed on the sidelines of the ongoing Paris Air Show 2025 in France. In May, Axiscades CEO and MD Alfonso Martinez said, "As we approach FY26, our priority is to capitalise on the opportunities in emerging sectors like manufacturing, MRO, chip-to-product and advanced defence technologies, including unmanned warfare, to bring about non-linear, product-led, scalable growth". Live Events Bengaluru-based Axiscades is a leading end-to-end engineering and technology solutions provider, catering to sectors like aerospace, defence, heavy engineering, automotive and energy, among others.
Cision Canada
a day ago
- Business
- Cision Canada
MBDA and AXISCADES commit to expand strategic cooperation
PARIS and BENGALURU, India, June 19, 2025 /CNW/ -- At the Paris Air Show 2025, MBDA CEO Eric Béranger and AXISCADES Chairman Dr. Sampath Ravinarayanan reaffirmed their commitment to expand their ongoing partnership, aligning with MBDA's long-term 'Make in India' vision. Strengthening Existing Collaboration: AXISCADES Aerospace & Technologies Pvt. Ltd., longstanding Indian Offset Partner for MBDA, has been delivering built-to-spec and built-to-print test benches and solutions for MBDA's MICA missiles and missile launchers. The company also manages Depot Level Maintenance for launchers, offering MBDA high-quality, cost-effective capabilities. Both parties expect volume of work to scale up as MBDA's global operations grow. Expanding Scope: Building on this foundation, the partnership will extend into new domains. AXISCADES, which already supports top global aerospace OEMs and is a recognized supplier to India's Ministry of Defence, brings advanced engineering and defence systems capabilities. Both companies will explore how these competencies can contribute to MBDA's future programs in India, supporting Indian Government's 'Atmanirbhar Bharat' self-reliance initiative. Working groups have been formed to define new areas of cooperation and execute them effectively. New Facility at Aerospace Park: Taking the collaboration forward, AXISCADES will establish a dedicated facility for MBDA at its upcoming premises in Aerospace Park near Bengaluru's Kempe Gowda International Airport. This state-of-the-art setup will include a test bench lab, missile launcher infrastructure, equipment, tools, and trained personnel—ensuring continued excellence in delivery and support. Both companies are working to structure the partnership for long-term strategic and industrial value. About AXISCADES: AXISCADES Aerospace & Technologies Pvt. Ltd. is a wholly owned subsidiary of AXISCADES Technologies Ltd., a leading global technology and engineering solutions provider. Headquartered in Bengaluru, the company operates across 17 global locations including France, Germany, Denmark, the USA, and Canada, with a team of over 3,200 professionals. AXISCADES has strong relationships with India's Ministry of Defence, Defence Labs, PSUs, and global OEMs, offering deep expertise in Weapon Systems, Avionics, Radar, Electronic Warfare, C4I2, Drones, Anti-Drone Systems, and Test Solutions. It has delivered innovative in-house and collaborative projects across Land, Naval, Aerospace, and Homeland Security sectors. The company provides end-to-end solutions across the entire product development lifecycle—from concept and design to manufacturing support and certification—for Fortune 500 companies in Aerospace, Defence, Automotive, Semiconductor, and Industrial domains.
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Business Standard
2 days ago
- Business
- Business Standard
Defence stock surges 25% in 1 week; zooms 236% from 52-week low; here's why
AXISCADES Technologies share price AXISCADES Technologies (ACTL) shares continued their upward movement, hitting a new high at ₹1,413.50, and gaining 5 per cent on the BSE in Thursday's intra-day trade. The stock price of this smallcap aerospace & defence company was trading higher for the fifth straight day. In the past one week, it has outperformed the market by surging 25 per cent, as compared to 0.78 per cent rise in the BSE Sensex and 1 per cent decline in the BSE Smallcap index. The market price of ACTL, a leading player in aerospace, defence, electronics, semiconductors and AI, has appreciated by 91 per cent from its April-month low of ₹741.70. It has zoomed 236 per cent from its 52-week low of ₹421.05, hit on November 26, 2024. Thus far in the month of June 2025, ACTL shares surged 36 per cent on the back of positive corporate announcements by the company. On Wednesday, June 18, MBDA and AXISCADES Aerospace & Technologies announced its decision to expand their domains of cooperation. AXISCADES already provides high-end engineering services to several top Aerospace OEMs and is a supplier of the Indian Ministry of Defence. Both companies will examine how these skills can be put to use for the benefit of MBDA. MBDA is a unique multi-national European group in the field of complex weapon systems. On June 16, Indra, a European-based global leader in defense, aerospace, and strategic systems, and ACTL announced a strategic alliance. Both companies are actively exploring joint product development for the Indian and global markets, potentially adapting existing Indra products or creating new ones specifically tailored to meet customer needs, the company said. Meanwhile, ACTL said the company is focusing on identifying synergies between core and non-core in emerging areas through ESAI (Electronic Semiconductors & AI) and recalibrating business towards profitability. ALSO READ | As the company approaches FY26, the management said their priority is to capitalize on the opportunities in emerging sectors like manufacturing, maintenance, repair, and overhaul (MRO), chip-to-product and advanced defense technologies, including unmanned warfare, to bring about non-linear, product led, scalable growth. The company plans to invest significantly in developing new proof of concept and products, with a focus on creating commercially viable assets for future revenue. The company is also evaluating and recalibrating its non-core businesses of heavy engineering, energy and automotive, which are till date negatively impacted by macro factors and are growth and margin dilutive to the enterprise. The company is deploying resources and costs for this transformation, which is expected to be stabilized by Q2 of FY'26. These costs and investments are critical to ensure enterprise readiness to progressively achieve the company's aspirational target of achieving $1 billion revenue by 2030, the management said. ALSO READ | AXISCADES Technologies (ACTL) has a focus on Aerospace, Defense and ESAI (Electronics, Semiconductors and AI). ACTL has offices across the globe. Mistral Solutions Pvt Ltd is its subsidiary with a focus on Chip to Product, Box build and edge computing. Add Solutions is another subsidiary of ACTL based out of Wolfsburg Germany with a focus on Thermal management of AI devices and data centers.
Mail & Guardian
11-06-2025
- Business
- Mail & Guardian
MBDA appoints seasoned town planning professional Zinhle Thwala-Zulu to spearhead catalytic programmes, urban revitalisation
Zinhle Thwala-Zulu. A city's transformation takes vision, leadership, skills and the requisite experience to progress. It is for this reason that the Mandela Bay Development Agency, an entity of the Nelson Mandela Bay Municipality, is pleased to announce the appointment of Zinhle Thwala-Zulu to the key position of Executive Manager: Operations. The role oversees all MBDA project planning, preparation, implementation and total precinct management, also referred to as urban area management. Thwala-Zulu stepped into the role held, until recently, by Debbie Hendricks, who served in this key position from 2019. Thwala-Zulu is now at the helm of the portfolio that drives the long-term planning and implementation of catalytic projects within Nelson Mandela Bay. 'Zinhle is taking on a critical role within the agency,' says MBDA CEO, Anele Qaba. 'She will lead the responsibility of aligning urban renewal projects with the agency's strategic objectives and ensure that every initiative contributes to the city's broader development goals within the MBDA's mandate.' Thwala-Zulu has held several senior public and private sector roles over the course of her career, including serving as General Manager: Planning & Sustainable Development at the Mtubatuba Municipality in KwaZulu-Natal, and as Senior Town Planner within the Western Cape's Knysna Municipality. She has led major urban projects and overseen the implementation of policy, land use applications and infrastructure planning. She holds a BTech in Town & Regional Planning, a Post-graduate Diploma in Local Economic Development, and is currently working towards a Master's degree in Town and Regional Planning at the University of Pretoria. Qaba is confident in the new appointment: 'I am excited with Zinhle's depth and breadth of experience to provide leadership in driving the MBDA's mission, to contribute to the inclusive and equitable development of Nelson Mandela Bay as a world-class city to live in, and a destination of choice. The MBDA's core mandate is to achieve social, spatial and economic transformation in Nelson Mandela Bay.' 'She brings to the position her expertise in municipal governance, infrastructure development and spatial planning, and is very well-placed to drive long-term impact and bring a fresh momentum to both current and future initiatives of the MBDA.' As Executive Manager: Operations, Thwala-Zulu will work closely with all stakeholders and partners to build and promote inclusive economic growth in Nelson Mandela Bay. 'I am excited to have the opportunity to guide and shape the MBDA's transformative initiatives,' she says. 'I look forward to supporting and leading initiatives that bring long-term positive results and make a meaningful impact in Nelson Mandela Bay. We have all the plans, now we need to deliver.'
