Astra Microwave Products Ltd inks ToT agreement NSIL and IN-SPACe

Astra Microwave Products Ltd have executed License - Cum - Transfer of Technology (ToT) agreement between NewSpace India Limited (NSIL), Bengaluru and Indian National Space Promotion and Authorization Centre (IN-SPACe), Department of Space (DOS), Ahmedabad to utilize the know how relating to MiniSAR: X band Airborne SAR.

The TOT agreement was signed by Dr.M.V.Reddy, JMD, Astra Microwave Products Limited and Mr.Rajeev Jyoti, Technical Director, IN-SPACe and Mr. A Arunachalam, Director, NSIL. Astra Microwave Products Ltd has a very robust portfolio of Radars and this technology will help us enhance this further.

Shares of Astra Microwave Products Limited was last trading in BSE at Rs. 448.05 as compared to the previous close of Rs. 452.55. The total number of shares traded during the day was 9112 in over 432 trades.

The stock hit an intraday high of Rs. 457.30 and intraday low of 446.15. The net turnover during the day was Rs. 4116693.00.

Source : Equity Bulls

Keywords

AstraMicrowaveProducts INE386C01029 License ToT Agreement NewSpaceIndia INSPACe