Paras Defence Signs MoU with Microcon Vision for Exclusive Partnership on Micro ISR Payloads

Paras Defence and Space Technologies Ltd has signed a Memorandum of Understanding (MoU) with Microcon Vision Ltd, making Microcon the exclusive partner in India for micro ISR payloads. This strategic partnership aims to enhance Paras Defence's capabilities in advanced defence technologies. The company has been actively expanding its defence tech portfolio, recently securing a ₹142.31 crore contract from DRDO for an anti-drone laser system and investing ₹12,000 crore in an Optics Park in Navi Mumbai.

 

Source: Paras Defence, NSE, BSE