Paras Anti-drone Technologies Pvt Ltd inks MoU with Spacekawa Explorations Pvt Ltd

Paras Anti-drone Technologies Private Limited (a subsidiary of Paras Defence and Space Technologies Limited) has entered into 'Memorandum of Understanding' (MoU) with Spacekawa Explorations Private Limited (Kawa Space) for indigenous developments and deployment of Space intelligence, surveillance and reconnaissance (ISR) payloads which will include RF Wideband Software defined Radio (SDRs).

Further by signing this MOU, Paras Anti-drone Technologies Private Limited and Spacekawa Explorations Private Limited (Kawa Space) intends to develop and advance technologies for Space Applications that can address the challenges of a rapidly changing world.

Shares of Paras Defence and Space Technologies Ltd was last trading in BSE at Rs. 518.40 as compared to the previous close of Rs. 488.70. The total number of shares traded during the day was 38108 in over 2171 trades.

The stock hit an intraday high of Rs. 533.95 and intraday low of 488.70. The net turnover during the day was Rs. 19748385.00.

Source : Equity Bulls

Keywords

ParasDefenceandSpaceTechnologies Defence INE045601015 ParasAntiDroneTechnologies MoU SpacekawaExplorations