Axiscades Tech Expands Aerospace Portfolio with Entry into Aircraft Cabin Interiors

Axiscades Technologies Limited (BSE: 532395 | NSE: AXISCADES), a leading technology solutions provider in the aerospace and defense sector, has announced a significant expansion of its aerospace business by entering the aircraft cabin interiors segment. This strategic move is part of the company's broader growth strategy in the aerospace industry.

New Contract Wins

The company has secured two new contracts in the aircraft cabin interiors design, development, and retrofit solutions space. These pilot orders, valued at USD 1.20 million, have been awarded by two global industry leaders:

1. A global aerospace Original Equipment Manufacturer (OEM)
2. A world-renowned aircraft cabin interior company based in Europe and the USA

Expanded Service Offerings

Axiscades will leverage its two decades of deep product design expertise in aero-structures to provide end-to-end engineering capabilities for aircraft interiors. The company's expanded service portfolio now includes:

• Cabin design
• Seating systems
• Electrical wiring
• Retrofit solutions
• Technical documentation

This expansion positions Axiscades to capture a share of the growing aircraft interiors market, driven by increasing demand for modernization and enhanced passenger experience.

Strategic Importance

K.P. Mohanakrishnan, Deputy CEO & President-Aerospace of Axiscades, commented on the development: "This milestone from a completely new offering is a strong validation of our design, engineering, and retrofit capabilities in delivering world-class aerospace solutions. This perfectly aligns with our growth strategy to offer high value, long-term sustainable product offerings for non-linear growth."

He further added, "Beyond the immediate business value, this engagement positions us strategically for long-term growth in the rapidly expanding cabin interiors segment. The aerospace industry is witnessing a strong demand for innovative, lightweight, and passenger-centric interior solutions, and we see immense potential to scale our offerings to meet these evolving needs."

Execution Timeline and Expertise

The design and development phase of these projects is expected to be completed within 9 months. Axiscades brings to the table its proven expertise as an end-to-end solutions provider with design signatories in aircraft product design and development activities.

Market Outlook

With these new contract wins, Axiscades is well-positioned to strengthen its role as a comprehensive aerospace solutions provider. The company aims to grow its market share in the aircraft interiors segment while driving sustained value creation for its customers, shareholders, and partners.

As the aerospace industry continues to evolve, with a focus on innovation and passenger comfort, Axiscades' entry into the aircraft cabin interiors market represents a strategic move to capitalize on these industry trends and expand its footprint in the global aerospace sector.