Paras Defence & Space Technologies Limited has secured a substantial order from the Defence Research and Development Organisation (DRDO), Ministry of Defence, valued at Rs 7.72 crore. The contract focuses on the development of advanced Ku/C-Band Satellite Communication Phased Array Antennas specifically designed for airborne applications.

Order Details and Specifications

The comprehensive order encompasses the complete development of sophisticated satellite communication technology for defence applications. The project represents a significant technological undertaking in the satellite communication domain, focusing on phased array antenna systems that are crucial for modern airborne communication requirements.

Project Timeline and Execution

The development contract provides Paras Defence with a comprehensive timeline extending until April 29, 2028. This extended execution period allows for thorough research, development, testing, and delivery of the sophisticated antenna systems. The timeline reflects the complex nature of developing advanced satellite communication technology for defence applications.

Regulatory Compliance and Disclosure

The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made in compliance with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2//3762/2026 dated January 30, 2026. The disclosure was formally communicated to BSE Limited and National Stock Exchange of India Limited on April 30, 2026.

Strategic Significance

This order reinforces Paras Defence's capabilities in developing cutting-edge defence technology solutions. The contract involves no related party transactions and maintains arm's length dealing principles. The company's promoters and group companies have no interest in the awarding entity, ensuring transparent business practices.

The successful acquisition of this DRDO contract demonstrates the company's technical expertise in satellite communication systems and strengthens its position within India's defence technology ecosystem. The project focuses on airborne applications, highlighting the strategic importance of advanced communication systems in modern defence operations.

Paras defence & space technologies has announced a strategic partnership through a Memorandum of Understanding (MoU) with Complus Systems Pvt. Ltd., Bengaluru and JV Micronics, Faridabad. The collaboration focuses on developing comprehensive solutions for Anechoic and Semi-Anechoic Chambers, with Paras Defence taking the leadership role in managing design, production, and setup operations.

Partnership Structure and Leadership

The consortium operates under Paras Defence's leadership, with the company assuming comprehensive responsibilities across the entire project lifecycle. The partnership establishes a clear organizational structure that leverages each company's specialized capabilities:

Scope of Collaboration

The MoU encompasses a comprehensive approach to Anechoic and Semi-Anechoic Chamber solutions, targeting both domestic and international markets. Paras Defence coordinates business development activities and represents the consortium in external engagements while providing overall strategic direction for the partnership.

Partner Contributions

Complus Systems brings specialized technical expertise tailored to project requirements, including instrumentation procurement capabilities, engineering support services, and active participation in project execution phases. JV Micronics contributes essential manufacturing and integration capabilities, specifically focusing on RF absorber manufacturing, integration services for related products, and support services for consortium projects.

Strategic Market Positioning

The collaboration positions the consortium to pursue opportunities across India and international markets for the complete lifecycle of Anechoic and Semi-Anechoic Chambers. This includes design, development, manufacturing, installation, and ongoing servicing capabilities, creating a comprehensive solution provider in the specialized chamber technology sector.