Aerpace Industries Limited (Formerly known as Supremex Shine Steels Limited) has shared an important update on the progress of its aerShield defence drone technology vertical. The company has shared an important update on the progress of its Letter of Intent from UAE Defence Company.
On 19th August 2025, Aerpace General Trading LLC, UAE - a subsidiary of Aerpace Industries Limited - received a Letter of Intent from a prominent defence company in the United Arab Emirates.
In this communication, the UAE defence company confirmed that they have evaluated our advanced defence drone portfolio and expressed strong interest. Their authorities will be visiting India shortly to witness live demonstrations of the drones developed under our aerShield programme.
Subject to satisfactory demonstrations and validation of technical capabilities, the UAE entity has indicated its intent to proceed with procurement of Aerpace defence drones for their defence requirements.
Due to the confidentiality and non-disclosure agreements (NDA) in place, the name of the company has not been disclosed at this stage.
Shareholder Queries on Visible Execution
We have also received several queries from shareholders who have expressed concerns that much of the Company's progress is not visible and may appear limited to plans "on paper".
We would like to reassure our shareholders that technology development is actively underway across all verticals - solar energy (AerVolt), defence drones (aerShield), urban air mobility (aerWing, aerTaxi, aerCar), and advanced infrastructure. These are deep-technology, multistage projects, and by nature, they require significant time in R&D, prototyping, and compliance before large-scale commercial rollouts.
Your patience and trust are invaluable as we transition from development to demonstrations and ultimately to revenue-generating operations.
Defence Drone Prototype Test Video
While our agreements restrict disclosure of sensitive details, we believe transparency with our shareholders is important.
Therefore, we are sharing a basic test video of one of our defence drone prototypes. This is part of the broader portfolio of advanced UAVs we are developing, and it demonstrates that our execution is real and ongoing.
https://www.aerpace.com/aershield_field_trial.html
Upcoming demonstrations with Indian and UAE defence authorities will be pivotal milestones in validating our work and converting these into commercial opportunities.
Closing Note
Aerpace Industries Limited, through its subsidiary Aerpace General Trading LLC, UAE, has entered a promising stage of global engagement with leading defence companies. We remain committed to creating long-term value for all stakeholders by advancing cutting-edge technologies across renewable energy, defence, and advanced air mobility.
Shares of Aerpace Industries Ltd was last trading in BSE at Rs. 20.67 as compared to the previous close of Rs. 20.44. The total number of shares traded during the day was 338707 in over 631 trades.
The stock hit an intraday high of Rs. 21.00 and intraday low of 19.60. The net turnover during the day was Rs. 6818772.00.