Outlook on the Satellite Services in 5G and Beyond Global Market to 2030
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Satellite services provide coverage for business solutions that are often problematic and/or in remote areas such as mining operations, deep-water, and agriculture in third-world countries. Satellite services are also important in certain industries that require continuous network coverage such as oil & gas, transportation systems involving hybrid networks for autonomous vehicles, and other mission-critical services. In addition to providing continuous coverage in areas not practical by terrestrial systems, satellites may also provide continuous service in the event that terrestrial systems have a service outage.
Paras Defence files papers for IPO - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Paras Defence and Space Technologies files DRHP for IPO
Paras Defence and Space Technologies is engaged in designing, developing, manufacturing and testing of a wide range of defence and space engineering products and solution.
BusinessToday.In | March 9, 2021 | Updated 22:42 IST
The company s offer comprises of issue of fresh equity shares aggregating up to Rs 120 crore and an offer for sale for 17.24 lakh shares.
Paras Defence and Space Technologies Ltd has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India for its initial public offer (IPO).
The company s offer comprises of issue of fresh equity shares aggregating up to Rs 120 crore and an offer for sale for 17.24 lakh shares by the existing shareholders. The company is also considering a pre-IPO placement of up to Rs 35 crore, as per the DRHP.
10 February 2021
Both Israeli and Indian companies will address the needs of the Indian defence and paramilitary sectors, including adapting the unique encapsulated Ninox 40 system.
Aero India 2021. SpearUAV – developers and suppliers of unique Unmanned Aircraft Systems (UAS) solutions for defence and Homeland Security (HLS) applications from Israel – has signed a Memorandum of Understanding (MoU) with an Indian company, Paras Aerospace, a subsidiary of Paras Defence and Space Technologies Limited, to introduce the unique encapsulated Ninox 40 system to the Indian market for use by
military forces, paramilitary, internal security, and law enforcement agencies.
Speaking about the collaboration, Yishai Amir, CEO of SpearUAV, said, “The defence sector in India faces many challenges in surveillance of multiple international borders, in jungles and wooded areas as well as dealing with extreme natural forces, such as monsoon storms, cyclones and earthquakes. These challenges appl