Paras Defence and Space Technologies Ltd - 543367 - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that Paras Anti-drone Technologies Private Limited (a subsidiary of Paras Defence and Space Technologies Limited) has entered into 'Memorandum of Understanding' (MoU) with Spacekawa Explorations Private Limited (Kawa Space) for indigenous developments and deployment of Space intelligence, surveillance and reconnaissance (ISR) payloads which will include RF Wideband Software defined Radio (SDRs). Further by signing this MOU, Paras Anti-drone Technologies Private Limited and Spacekawa Explorations Private Limited (Kawa Space) intends to develop and advance technologies for Space Applications that can address the challenges of a rapidly changing world.11-04-2023