Latest news with #SampathRavinarayanan
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Business Standard
a day 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.
Cision Canada
2 days 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.
Cision Canada
4 days ago
- Business
- Cision Canada
INDRA SIGNS AGREEMENT WITH AXISCADES TO BOOST PRODUCTION OF CUTTING-EDGE SYSTEMS IN INDIA
Indra, a European-based global leader in defense, aerospace, and strategic systems, and AXISCADES a prominent technology solutions provider in defense, aerospace and strategic electronics, are proud to announce a strategic alliance. Indra is keen to acquire defense-related products and services from AXISCADES, which will be delivered through AXISCADES' comprehensive design, development, production, and supply chain center. 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. PARIS, June 17, 2025 /CNW/ -- Paris Air Show -- Indra and the Indian technology company AXISCADES have signed an agreement to collaborate on the production of solutions for the aerospace and defense markets. Indra's CEO, José Vicente de los Mozos, and AXISCADES' Chairman, Dr. Sampath Ravinarayanan, signed the Memorandum of Understanding at the Aerospace Show taking place this week in Le Bourget, in the presence of Indra Chairman, Angel Escribano, and AXISCADES CEO & MD, Alfonso Martínez. The agreement aims to manufacture in India several Indra solutions, such as antennas for its Tactical Air Navigation Systems (TACAN), 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 collaboration between the two companies strengthens Indra's position in the global aerospace systems market and its network of alliances with companies worldwide. At the same time, Indra contributes to enhancing the capabilities of Indian companies, in a country where it has maintained a strong presence for years as a provider of cutting-edge systems and technologies across various sectors. Notable achievements include systems delivered to the country's Armed Forces and projects for the modernization of civil air traffic management. Indra and AXISCADES are evaluating collaborations in MPA Airborne Solutions and exploring a dedicated partnership for DRDO CABS MRMR and MMMA programs. About AXISCADES AXISCADES is a leading technology and product company with over 25 years of experience in the aerospace, defense, and ESAI (Electronic Systems and Industrial Automation) sectors. It offers cutting-edge solutions ranging from conceptual design to manufacturing and certification, making it a preferred partner for OEMs (Original Equipment Manufacturers) and Tier 1 suppliers in these industries.
Business Standard
4 days ago
- Business
- Business Standard
AXISCADES Tech rallies on strategic alliance with Europe's Indra
AXISCADES Technologies surged 5% to Rs 1282.70 after the company announced a strategic alliance with Indra, a European defense and aerospace major, to jointly manufacture and develop cutting-edge systems in India. Indra is one of Spain's leading multinational companies and a global force in defense, aerospace, and air traffic systems. In FY24, the company reported revenues of 4.843 billion euros and operates in more than 140 countries. The announcement was made at the Paris Air Show in Le Bourget, where Indra CEO JosVicente de los Mozos and AXISCADES chairman Dr. Sampath Ravinarayanan signed a Memorandum of Understanding (MoU). The signing took place in the presence of Indra c chairman gel Escribano and AXISCADES CEO & MD Alfonso Martez. Under this partnership, Indra will source a range of defense-related products and services from Axiscades. These will be delivered through Axiscades integrated design, development, production, and supply chain infrastructure based in India. The alliance is aimed at producing key Indra systems locally, including antennas for Tactical Air Navigation Systems (TACAN), Distance Measuring Equipment (DME) for aircraft, and advanced countermeasure systems to protect aircraft from guided missile threats such as MANPADS. Both companies are also exploring joint product development tailored for Indian and global markets. This could involve adapting existing Indra products or designing entirely new solutions to meet emerging defense needs. In addition to hardware production, the partnership is evaluating deeper collaboration opportunities in MPA (Maritime Patrol Aircraft) airborne solutions and potential participation in India's DRDO CABS programs like MRMR (Medium Range Maritime Reconnaissance) and MMMA (Multi Mission Maritime Aircraft). The collaboration strengthens Indras presence in India, where it already plays a significant role in civil air traffic modernization and defense technology projects. For Axiscades, the deal cements its position as a key partner for global OEMs and Tier-1 defense suppliers. AXISCADES is a Bengaluru-based technology company with over 25 years of experience in aerospace, defense, and industrial automation. It offers end-to-end engineering solutions, from design to manufacturing and certification.
