Zen Technologies Limited, India's leading anti-drone technology and Defence training solutions provider is pleased to announce that it has been awarded an order valued at approximately INR 152 crore (inclusive of taxes) by the Ministry of Defence, Government of India. The order is for the supply of Zen's state-of-the-art Integrated Air Defence Combat Simulator (IADCS) for the L70 Gun, further reinforcing the country's pursuit of technological self-reliance in the defence sector.
The IADCS is a cutting-edge virtual simulation system designed to provide comprehensive training for air defence operations. Developed entirely through Zen's internal R&D efforts under the Make II category, the project showcases the Company's commitment to building proprietary technologies and intellectual property with strategic value to the armed forces.
"This order is a testament to our unwavering belief in innovation and our ability to build world-class indigenous solutions for the defence forces," said Mr. Arjun Dutt Atluri, Vice President, Zen Technologies. "We invested in the research and development of this simulator independently, convinced of its transformative potential. With its successful induction, we foresee significant interest not only from within India but also from friendly foreign nations operating legacy air defence platforms like the L70 gun. This marks an important milestone in our journey to becoming a global leader in virtual defence training systems."
The Zen IADCS enhances operator readiness and unit-level coordination through hyper-realistic virtual environments that replicate real-world scenarios, thereby reducing the need for costly and logistically complex live training exercises. The solution is scalable and adaptable, offering significant long-term operational and economic benefits.
With this contract, Zen continues to demonstrate its capability to conceptualize, design, and deliver complex defence training solutions that uphold national strategic interests and meet international standards.
Shares of Zen Technologies Limited was last trading in BSE at Rs. 1466.15 as compared to the previous close of Rs. 1443.55. The total number of shares traded during the day was 118411 in over 7134 trades.
The stock hit an intraday high of Rs. 1481.70 and intraday low of 1418.05. The net turnover during the day was Rs. 171879455.00.