Rose Merc Limited signs MoU with CATS Global Group for deep-tech collaboration
Rose Merc Limited signed a strategic MoU with CATS Global Group on May 25, 2026, to collaborate in deep-tech sectors including Quantum Photonics AI, Surveillance Intelligence, and Big Data Analytics. The partnership targets a near-term revenue goal of ₹ 1250 Cr+ within a USD 200 B+ addressable market. Management from both companies expressed confidence that the collaboration will accelerate the commercialization of indigenous technologies and align with national strategic goals.

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Rose Merc Limited has entered into a strategic Memorandum of Understanding (MoU) with CATS Global Group companies to explore collaboration opportunities in Quantum Photonics AI, Surveillance Intelligence, Big Data Analytics, Defence Tech, Med Tech, Smart Infrastructure and related deep-tech sectors. The partnership, announced on May 25, 2026, establishes a framework for strategic investments, business development, technology commercialization, joint ventures and national-scale collaboration opportunities. This collaboration is expected to align with the Government of India’s “Atmanirbhar Bharat” vision, aiming to strengthen India's position in next-generation intelligent technologies and sovereign digital infrastructure capabilities.
The MoU was executed with three specific entities within the CATS Global Group: CASTLE ADVANCED TECHNOLOGIES AND SYSTEMS PVT LTD (CATS GLOBAL), CATS ECOSYSTEMS PVT LTD (CATS ECO), and CASTLE SMART ADVANCED TECHNOLOGIES AND SYSTEMS PVT LTD (CATS SMART). The collaboration will leverage the combined strengths of both parties to pursue opportunities in government projects, defence technologies, smart city infrastructure, industrial modernization and strategic technology deployments.
Strategic Focus Areas
The partnership will target several high-growth technology verticals. The collaboration aims to drive innovation and commercialization across the following sectors:
- Quantum Photonics AI
- Surveillance Intelligence
- Big Data & Predictive Analytics
- Defence Tech & Homeland Security
- Med Tech Platforms
- Smart Infrastructure & SCADA
- Aerospace & Industrial Intelligence
- Environmental & Water Intelligence
Market Potential and Targets
The media release highlighted significant market potential and revenue targets associated with the collaboration. The groups are targeting a near-term revenue goal of ₹ 1250 Cr+ within an addressable market estimated at USD 200 B+. The CATS Global Group brings over 20 years of R&D heritage across 09 industry verticals to the partnership.
| Metric | Value |
|---|---|
| R&D Heritage | 20+ Years |
| Industry Verticals | 09 |
| Addressable Market | USD 200 B+ |
| Near-Term Revenue Target | ₹ 1250 Cr+ |
Management Commentary
Mr. Uday Damodar Tardalkar, Chairman of Rose Merc Limited, stated that the collaboration reflects the company’s vision of participating in transformative technologies to redefine India’s future industrial and strategic capabilities. He emphasized the goal of building scalable platforms with global relevance while contributing to India’s technological self-reliance.
Prof. Dr. Rao Tatavarti, Founder Director and Chairman of CATS Global Group, noted that India stands at the threshold of a new technological era driven by photonics, quantum technologies, and intelligent sensing. He expressed that the collaboration creates a strong platform to accelerate commercialization and expand deployment opportunities for indigenous technologies.
Mr. Biren Shah, Co-Founder & Managing Director of the CATS Global Group companies, added that the MoU represents a shared commitment toward building globally competitive Indian deep-tech enterprises. He highlighted significant opportunities emerging in surveillance intelligence, Med Tech, Defence Tech and AI-powered command systems.
Historical Stock Returns for Rose Merc
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +11.92% | +14.29% | +6.18% | +14.00% | +34.20% | +1,835.48% |
What is the specific timeline for the first joint venture or commercial project to be launched under this MoU?
How will the partnership fund the proposed strategic investments, and will there be a need for external capital raising?
Which specific government tenders or defense projects are the joint entities initially targeting to meet the revenue goal?


































