Apollo Micro Systems secures Make-II order for SAVIOR-ASW

1 min read     Updated on 22 Jul 2026, 12:32 PM
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AI Summary

Apollo Micro Systems has been awarded a Make-II Prototype Sanction Order by the Indian Navy for the SAVIOR-ASW autonomous underwater surveillance system. The project involves the design and development of a semi-submersible vessel for Anti-Submarine Warfare, marking the company's entry into autonomous maritime warfare. The global market for such systems is estimated to reach $10 Bn by 2032.

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Apollo Micro Systems has been awarded a Make-II Prototype Sanction Order (PSO) by the Indian Navy for the design, development, and prototype demonstration of the Semi-Submersible Autonomous Vessel for Intelligence, Operations and Reconnaissance (SAVIOR-ASW). This project marks the company's formal entry into the domain of autonomous maritime and underwater warfare systems, reinforcing its role in India's critical defence technology ecosystem. The award represents a significant advancement in indigenous underwater warfare capabilities, aligning with the Government of India's Atmanirbhar Bharat initiative to promote self-reliance in defence manufacturing.

Project Details

The SAVIOR-ASW is an unmanned, semi-submersible maritime platform designed for persistent Anti-Submarine Warfare (ASW) surveillance. The system is capable of autonomous operations for extended durations and utilizes advanced acoustic sensors, AI/ML-based target classification, and encrypted multi-channel communication systems. It operates silently beneath the sea surface, using a sophisticated hydrophone array to listen for submarines and underwater threats, and transmits intelligence continuously to Naval command centres.

Strategic Significance

The Board of Directors and Management view this award as a defining milestone in Apollo Micro Systems Limited's growth journey. It underscores the company's technological capabilities and execution excellence in developing state-of-the-art, futuristic defence solutions. The order highlights the Indian Navy's commitment to sourcing advanced technologies from domestic manufacturers to enhance national security. The global autonomous maritime systems market is estimated to reach $10 Bn by 2032, presenting a substantial opportunity for the company.

Order Framework

The key parameters of the order are outlined below:

Parameter Details
Order Type Make-II Prototype Sanction Order
Issued By Indian Navy
Project Name SAVIOR-ASW
Domain Autonomous Maritime and Underwater Warfare

Under the Make-II category, there is no cost obligation on the Government during the prototype development phase. The Government is committed to procurement upon the successful demonstration of the prototype. This framework enables the Navy to enhance maritime domain awareness while optimizing capital allocation and reducing the total cost of ownership compared with relying solely on conventional ASW vessels.

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1 Day5 Days1 Month6 Months1 Year5 Years
+3.32%-0.59%-5.00%+81.39%+123.48%+3,268.11%

What is the projected timeline for the prototype development and demonstration phase?

What is the estimated financial value of the potential procurement order upon successful prototype completion?

How will this contract impact Apollo Micro Systems' revenue and order book in the upcoming fiscal year?

Apollo Micro Systems and subsidiary win orders worth ₹189.57 crore

0 min read     Updated on 15 Jul 2026, 01:52 PM
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Apollo Micro Systems secured orders worth ₹134.35 crore from DRDO, Indian Navy, and Defence PSUs, while its subsidiary IDL Explosides won ₹55.22 crore work over two years.

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Apollo Micro Systems and its step-down subsidiary IDL Explosides have secured new contracts worth a combined ₹189.57 crore from defence and government clients. The orders, valued at ₹134.35 crore for the parent company and ₹55.22 crore for the subsidiary, strengthen the company's presence in the defence electronics and systems sector.

Order Details

The following table summarises the key details of the orders as disclosed:

Parameter Details
Parent Company Order Value: ₹134.35 crore
Subsidiary Order Value: ₹55.22 crore
Clients: DRDO, Indian Navy, Defence PSUs, State Government, and Private Industries
Subsidiary Execution Period: Two years

Significance of the Contracts

The order from DRDO, the Indian Navy, and Defence PSUs represents a notable addition to Apollo Micro Systems' order book. Securing contracts from multiple high-profile defence organisations simultaneously reflects the company's established credibility and technical capabilities within India's defence procurement ecosystem. The additional work awarded to IDL Explosides, executables over two years, further diversifies the company's revenue streams.

Historical Stock Returns for Apollo Micro Systems

1 Day5 Days1 Month6 Months1 Year5 Years
+3.32%-0.59%-5.00%+81.39%+123.48%+3,268.11%

How will these new contracts impact Apollo Micro Systems' revenue projections for the current and next fiscal year?

What is the expected profit margin for these defence orders compared to the company's historical averages?

Does this order inflow signal a potential acceleration in India's domestic defence procurement spending?

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1 Year Returns:+123.48%