Apollo Strategic Technologies Pvt Ltd enters into MoU with Dynamic Engineering and Design Inc

Apollo Strategic Technologies Private Limited (ASTPL), a step down subsidiary of the Company and a subsidiary of Apollo Defence Industries Private Limited (ADIPL), has entered into a Memorandum of Understanding (MoU) with Dynamic Engineering and Design Incorporation - United States of America for the technology transfer, codevelopment, and potential licensed production of Rocket Motors for BM-21 Grad ER and Non-ER Rockets at DSEI London, on 10.09.2025.

This MoU is a strategic step toward indigenising propulsion technologies for multibarrel rocket systems and enhancing self-reliance in critical defence systems under the Make in India initiative.

Apollo Group has already successfully developed the 122mm rocket warhead inhouse and is now gearing up to start immediate trials and further establish full-scale production by mid-2026. This strategic collaboration will enable Apollo to integrate indigenously developed warheads with domestically produced rocket motors, marking a significant milestone in India's private defence manufacturing sector.

The BM-21 Grad rockets remain among the most widely demanded unguided rockets in the global defence market. With this initiative, Apollo Group will emerge as one of the private companies in India to offer a fully in-house developed rocket system, of this calibre strengthening India's position in the global defence supply chain and contributing to the Government of India's vision of self-reliance in defence production.

The MoU aims to establish a co-production ecosystem in India that supports full-scale indigenous manufacturing of rocket motors and, complete rocket systems.

Source : Equity Bulls

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ApolloMicroSystems ApolloDefenceIndustries ApolloStrategicTechnologies MoU DynamicEngineeringandDesignInc