Latest news about Axiscades Engineering Technologies
AXISCADES Tech Secures ₹600 Crore in Defense Electronics Contracts 11 hours ago Today
AXISCADES Engineering Technologies has won defense electronics contracts worth approximately ₹600 crore through its Defense Subsidiaries. The contracts involve developing and supplying advanced sub-systems for indigenous platforms in airborne, naval, and radar systems. Key projects include contributions to the VIRUPAKSHA (AESA) Radar Program, S-Band Surveillance Radars, LRBMR - KUSHA, Electric Heavy Weight Torpedo, and Sonar Systems for Submarines. These orders will be executed over the next 3 to 5 years, providing a steady revenue stream across various development phases.
Axiscades Technologies Forges Strategic Alliance with Aldoria to Boost India's Space Security Jun 19, 2025
AXISCADES Tech Forges Strategic Partnership with Indra for Defense Manufacturing in India Jun 17, 2025
Axiscades Technologies Inks Strategic Alliance with European Defence Giant Indra Jun 17, 2025
More news about Axiscades Engineering Technologies
27May 25
Axiscades Tech Reports Robust Q4 Results, Approves Merger Plan
Axiscades Technologies Ltd. reported a significant increase in Q4 profits, with consolidated net profit rising to ₹308.00 million, up 359% year-over-year. Revenue grew to ₹2,700.00 million, a 5.5% increase from the previous year. The company also approved a merger between Add Solution GmbH and Axiscades GmbH, aiming to streamline operations.
26May 25
AXISCADES Technologies Reports Strong Q4 Results, Approves Merger Plan
AXISCADES Technologies announced impressive Q4 financial results with significant improvements across key metrics. Revenue increased by 5.47% to ₹2,700.00 million, EBITDA grew by 9.23% to ₹355.00 million, and net profit surged by 358.87% to ₹308.00 million compared to the previous year. The company also approved a strategic merger between ADD Solution GmbH and AXISCADES GMB, potentially enhancing its market position and operational efficiency.
24Apr 25
AXISCADES Technologies Appoints Anurag Sharma as CEO of European Subsidiary
AXISCADES Technologies Limited has appointed Anurag Sharma as the new CEO of add-solution GmbH, its Germany-based subsidiary. This strategic move aims to strengthen the company's European presence and drive innovation in software-led engineering. Sharma, with over 30 years of experience, will focus on expanding AXISCADES' footprint in the European market, particularly in wiring harness design, drone development, and thermal management. The appointment aligns with AXISCADES' restructuring efforts to enhance its aerospace, defense, and engineering services powered by Electronics, Semiconductors, and Artificial Intelligence.
11Apr 25
AXISCADES Technologies Bolsters Leadership Team to Drive Strategic Growth
AXISCADES Technologies Limited has announced two significant leadership appointments as part of its strategic growth initiative. KP Mohanakrishnan joins as Deputy CEO & President - Aerospace, while D Murali Krishnan takes on the role of Chief Operating Officer & President - ESAI. These appointments, effective April 9, 2025, are aimed at transitioning AXISCADES from a service-based model to a technology-driven product company, with a focus on aerospace, defense, and semiconductor technologies. The company is positioning itself at the forefront of AI-led innovation and full-stack product development, leveraging its expertise to shape next-generation systems.
AXISCADES' subsidiary, Mistral Solutions, has introduced the DCP1000 module, a cutting-edge radar data capture and playback solution for mmWave applications. Based on Lattice Semiconductor's CertusPro-NX FPGA technology, the module offers high-speed data capture, real-time processing, and Hardware-In-Loop playback. It features 1Gbps Ethernet connectivity, 2GB LPDDR4 memory, and compatibility with TI's mmWave Studio. Priced at $649.00, the DCP1000 is now available for early samples with a 6-7 week lead time.
06Mar 25
AXISCADES' Subsidiary Mistral Forges Strategic Alliance with Altera to Revolutionize Aerospace & Defense Computing
AXISCADES' subsidiary Mistral Solutions has formed a strategic alliance with Altera, an Intel Company, to enhance high-performance computing in aerospace and defense. The partnership integrates Altera Agilex™ 9 Direct RF FPGA technology into defense applications, promising improved processing power and efficiency. Mistral unveiled new VPX3U-AGRW027/014 Processing Cards at a seminar in Bengaluru, showcasing advancements in real-time data processing and ultra-low latency communication for defense systems. The collaboration aims to impact various critical systems including Electronic Warfare, Radar, and Aerospace Signal Processing.