AXISCADES Technologies Ltd.AXISCADES₹1,278.10 +4.99%

AXISCADES Technologies Ltd., a leading Indian technology solutions company in the aerospace and defense sectors, announced a strategic alliance with Indra, a global Spanish multinational and one of the foremost names in defense and aerospace technology. The agreement, signed at the Paris Air Show 2025, marks a significant step forward in AXISCADES’ mission to bring cutting-edge global technologies to India and co-develop them for both domestic and international markets.

Manufacturing Indra Systems in India

Under this collaboration, AXISCADES will spearhead the design, development, and manufacturing of several advanced Indra systems from India. This includes antennas for Tactical Air Navigation Systems (TACAN), Distance Measuring Equipment (DME) used in aircraft navigation, and advanced countermeasure systems designed to protect aircraft from missile threats like MANPADS.

These systems will be produced through AXISCADES’ robust engineering, supply chain, and manufacturing ecosystem, furthering India’s goal of self-reliance in strategic defense technologies.

Joint Development for Global and Indian Markets

The partnership goes beyond manufacturing. AXISCADES and Indra are actively exploring joint development of new products suited to specific customer requirements in India and abroad. This includes potential adaptations of existing Indra technologies as well as co-creating new platforms, with a focus on scalability, localization, and global export potential.

Notably, the companies are in discussions to collaborate on Maritime Patrol Aircraft (MPA) systems and strategic programs like DRDO’s CABS MRMR and MMMA aircraft platforms, which are crucial to India’s maritime surveillance ambitions.

The collaboration aligns with India’s ‘Make in India’ and ‘Atmanirbhar Bharat’ initiatives, with AXISCADES playing a central role in indigenizing high-value systems through deep technology transfer and local manufacturing.

AXISCADES has given multibagger returns of more than 915% and 3,800% over the last three and five years, respectively.

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Note: The stock price mentioned is as of 11:10 AM.

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Registered office – 2, Floor 3, Wing A, Block A, Salarpuria Softzone, Service Road, Green Glen Layout, Bellandur, Bengaluru South, Bengaluru, Karnataka – 560103, INDIA.

CIN: U65990KA2021PTC146954.