AXISCADES Signs Space Situational Awareness Agreement at Embassy of France

1 min read     Updated on 25 Feb 2026, 08:23 AM
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Overview

AXISCADES Technologies Limited formalized a strategic agreement at the Embassy of France in New Delhi to enhance India's Space Situational Awareness capabilities. The ceremony took place on February 25, 2026, with distinguished presence of Ms. Eléonore Caroit, Minister Delegate, as part of French President Emmanuel Macron's delegation to India. The company, with over 3000+ professionals across 17 global locations, specializes in aerospace, defense and ESAI domains with comprehensive capabilities spanning the complete product development lifecycle.

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AXISCADES Technologies Limited has signed a significant agreement at the Embassy of France in New Delhi to enhance India's Space Situational Awareness capabilities, marking a major milestone in Indo-French aerospace cooperation.

Agreement Signing Ceremony

The agreement was signed on February 25, 2026, at the Embassy of France in New Delhi in the distinguished presence of Ms. Eléonore Caroit, Minister Delegate to the Minister for Europe and Foreign Affairs. The ceremony was part of the delegation of HE Mr. Emmanuel Macron, President of the French Republic, to India.

Parameter: Details
Date: February 25, 2026
Venue: Embassy of France, New Delhi
Distinguished Presence: Ms. Eléonore Caroit, Minister Delegate
Delegation: HE Mr. Emmanuel Macron, President of France
Focus Area: Space Situational Awareness

Company Profile and Global Presence

AXISCADES Technologies Limited (BSE: 532395 | NSE: AXISCADSES) is a leading end-to-end technology, product and solutions provider in the Aerospace, Defence and ESAI domains. The company is headquartered in Bangalore with subsidiaries and offices worldwide, including France, Germany, Denmark, USA, and Canada.

Company Metrics: Details
Workforce: Over 3000+ professionals
Global Locations: 17 locations worldwide
Stock Exchanges: BSE: 532395, NSE: AXISCADSES
Headquarters: Bangalore, India

Aerospace and Defense Capabilities

The company maintains long-term relationships with Defence Forces, Ministry of Defence, Defence Labs and PSUs along with global OEMs. AXISCADES possesses deep domain experience across multiple defense sectors including Weapon Systems, Avionics, Radar, Electronic Warfare, C4I2, Drones, Anti-Drone Systems, Test Solutions, GSE and GHE.

The comprehensive portfolio covers the complete product development lifecycle from concept evaluation to manufacturing support and certification, with successful execution of innovative in-house projects and partnered solutions for Land, Naval, Aerospace and Homeland Security applications.

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AXISCADES Wins Another ₹25 Crore HAL Order for LCA Mk1A Avionics Hardware

1 min read     Updated on 23 Feb 2026, 07:09 AM
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Reviewed by
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Overview

AXISCADES Technologies Limited announced that its subsidiary Mistral Solutions has won another ₹25 crore contract from Hindustan Aeronautics Limited for supplying Single Board Computer under the LCA Mk1A program. The systems will be manufactured at the company's newly commissioned DAL facility located at Bangalore Aerospace Park, demonstrating continued success in India's defense sector and supporting the 'Make in India' initiative.

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AXISCADES Technologies Limited has announced another significant business development through its subsidiary, with Mistral Solutions Private Limited securing an additional supply contract from Hindustan Aeronautics Limited (HAL). The latest contract, valued at ₹25 crores, involves the supply of Single Board Computer for the LCA Mk1A aircraft program, marking continued success for the company's subsidiary operations in India's defense sector.

Latest Contract Details and Manufacturing

The new supply contract awarded by HAL represents another domestic order under the prestigious LCA Mk1A programme. The agreement focuses on the supply of Single Board Computer, demonstrating Mistral Solutions' continued capabilities in providing critical electronic systems to India's indigenous fighter aircraft development. All systems will be manufactured and delivered from AXISCADES' newly commissioned DAL (Devanahalli Atmanirbhar Complex) facility located at the Bangalore Aerospace Park, near Kempegowda International Airport.

Parameter: Details
Awarding Entity: Hindustan Aeronautics Limited
Contract Value: ₹25.00 crores
Product: Single Board Computer
Aircraft Program: Light Combat Aircraft Mk1A
Manufacturing Location: DAL Facility, Bangalore Aerospace Park
Contract Type: Supply Order
Market: Domestic

Strategic Manufacturing Capabilities

The utilization of AXISCADES' newly commissioned DAL facility highlights the company's expanding manufacturing infrastructure dedicated to defense production. Located strategically at the Bangalore Aerospace Park near Kempegowda International Airport, this facility represents the company's commitment to the 'Make in India' initiative and enhances its capacity to serve major defense programs.

Management Commentary

Commenting on the development, Mr. C. Manikandan, CEO, Mistral Solutions Private Limited, stated that this order win reflects the AXISCADES Group's increasing value addition to the 'Make in India' initiative. The continued success in securing orders under the LCA Mk1A program demonstrates the subsidiary's technical expertise and reliability in meeting HAL's stringent requirements.

Strengthening Defense Portfolio

This latest contract award further strengthens Mistral Solutions' position in the aerospace and defense sector, building upon previous successes in supplying avionics components to India's indigenous fighter aircraft program. The company's ability to consistently win orders under the LCA Mk1A program showcases its technical capabilities and establishes it as a reliable partner for India's premier defense manufacturing initiatives, supporting the country's self-reliance defense strategy.

Historical Stock Returns for Axiscades Engineering Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+3.96%+9.25%+33.03%+26.10%+107.54%+3,009.53%
Axiscades Engineering Technologies
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