AXISCADES Aerospace & Technologies, a subsidiary of AXISCADES Technologies Limited, has taken a significant step in bolstering its partnership with European missile systems company MBDA. The company inaugurated an expanded test bench facility at its Aeroland campus in Devanahalli, Bengaluru, marking a new chapter in their collaboration.

Key Developments

• Facility Expansion: The new facility is designed to enable mass production of advanced test benches for MBDA's missile and launcher platforms.
• Partnership Milestone: This expansion comes as AXISCADES and MBDA celebrate 10 years of collaboration, which began with the joint development of test benches for the MICA missile.
• Future Plans: AXISCADES plans to establish a dedicated MBDA system integration centre at the Devanahalli Atmanirbhar Cluster and aims to set up a Missile Atmanirbhar Complex in Hyderabad for large-scale production of next-generation missile systems.

Company Profile

AXISCADES Aerospace & Technologies specializes in defense, aerospace, and strategic electronics solutions. The parent company, AXISCADES Technologies Limited, employs over 3,000 professionals across 17 global locations.

Market Response

On the day of the announcement, AXISCADES shares were trading at ₹1,400.60 on the NSE, down ₹73.70 or 5.00%.

Additional Corporate Actions

In related news, AXISCADES Technologies Limited has recently made the following corporate announcements:

1. Employee Stock Option Plan (ESOP) Allotment:

   • Allotment: 18,936 Equity Shares
   • Scheme: "AXISCADES ESOP 2018 – Series 1"
   • Face Value: ₹5 per share

   Particulars	Details
   Number of Shares Issued	18,936
   Exercise Price	₹52.65 for 1,912 shares ₹51.20 for 17,024 shares
   Total Issued Shares After Allotment	4,25,67,689
   Total Issued Share Capital After Allotment	₹21,28,38,445

2. Upcoming Board Meeting:

   • Purpose: To consider and approve the un-audited financial results for Q2 and H1 FY2026

These corporate actions indicate ongoing developments within AXISCADES Technologies Limited, potentially impacting its subsidiary AXISCADES Aerospace & Technologies.

The expansion of the test bench facility and the strengthened partnership with MBDA underscore AXISCADES' commitment to growth in the defense and aerospace sectors. As the company continues to evolve, investors and industry observers will be keen to see how these developments translate into financial performance and market position.

Axiscades Aerospace & Technologies Limited, a subsidiary of Axiscades Technologies Limited, has signed a strategic partnership with French drone manufacturer Electronic Bird Control (EBC) to bring the innovative E-Raptor drone to the Indian market. This collaboration aims to enhance India's defense and civilian surveillance capabilities while supporting the 'Make in India' initiative.

Key Partnership Details

• Memorandum of Understanding (MoU): Signed between Axiscades Aerospace & Technologies and Electronic Bird Control
• Primary Objective: Introduction of the E-Raptor drone to the Indian market
• Applications: Both military and civilian use cases

E-Raptor: A Biomimetic Marvel

The E-Raptor drone stands out for its unique design and capabilities:

• Inspiration: Modeled after a falcon
• Technology: Utilizes biomimetic engineering to replicate bird of prey appearance and flight patterns
• Key Features:
  • Exceptional stealth capabilities
  • High agility
  • Advanced performance in surveillance operations

Diverse Applications

The E-Raptor drone is designed to serve multiple sectors:

Make in India Initiative

Axiscades plans to localize the production of E-Raptor drones in India, aligning with the government's 'Make in India' initiative. This move is expected to boost domestic manufacturing capabilities in the defense and aerospace sectors.

Company Profiles

Axiscades Technologies Limited

• Headquarters: Bangalore, India
• Employees: Over 3,000 professionals
• Global Presence: 17 locations worldwide

Electronic Bird Control

• Founded: 2019
• Location: Nimes, France
• Specialization: Development of bird-mimicking drones

Market Impact

The partnership between Axiscades and EBC is poised to contribute to India's defense modernization efforts and address civilian sector surveillance and safety requirements. This collaboration exemplifies the growing trend of international partnerships in the defense and technology sectors, aimed at fostering innovation and self-reliance.

As of the latest trading session, Axiscades shares were priced at ₹1,474.30, experiencing a decline of ₹77.60 or 5.00 percent. While this partnership announcement is significant, investors should conduct their own research and consider various factors before making investment decisions.

This strategic alliance between Axiscades and Electronic Bird Control represents a fusion of Indian engineering prowess and French drone technology, potentially setting new benchmarks in the unmanned aerial vehicle sector both in India and globally.