AXISCADES Subsidiary Mistral Wins USD 1.4 Million Global Design & Production Orders from US Clients

Global Contracts Boost for AXISCADES

AXISCADES Technologies Limited, through its subsidiary Mistral Solutions, has announced fresh international contract wins under SEBI Regulation 30 disclosure norms. Axon Enterprise Inc. and Stratacache Inc., both US-based technology players, have awarded Mistral multi-phase mandates spanning design, development and production services. These projects are expected to be executed over a period exceeding one year, strengthening AXISCADES’ engineering and product development pipeline in global markets.
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The company has clarified that these contracts are purely commercial in nature, with no promoter or related-party interest involved, underscoring transparent governance and arm’s-length dealings. The combined consideration is approximately USD 1.4 million, reflecting continued confidence of marquee international clients in Mistral’s capabilities across embedded, electronics and system engineering solutions.
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Key Highlights

• Clients: Contracts awarded by Axon Enterprise Inc., USA and Stratacache Inc., USA.
• ​Scope of Work: End-to-end design, development and production engagements for advanced solutions.
• ​Contract Nature: International development and production contracts, executed by subsidiary Mistral Solutions Pvt. Ltd.
• ​Execution Timeline: To be fulfilled over a period of more than one year, supporting medium-term revenue visibility.
• ​Deal Size: Aggregate order value estimated at around USD 1.4 million.
• ​Governance: No promoter/group interest; not a related-party transaction, confirming arm’s-length commercial terms.

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Source: AXISCADES Technologies Limited