Zen Technologies wins Rs 155cr order from Indian Air Force for CUAS
Zen Technologies Limited has bagged an order from the Indian Air Force (IAF) of around INR 155 crores for the supply of Counter Unmanned Aircraft Systems (CUAS).
The order will be executed in a time frame of 12 months, said the Indian defense training solutions provider.
In the face of stiff competition from foreign companies partnering with Indian companies,
Zen Technologies said that it prevailed in stiff competition from foreign companies partnering with Indian companies to bag the CUAS order from the Indian Air Force.
It is said to be the first major order for the Hyderabad-based company in the anti-drone space.
Ashok Atluri — Chairman, Managing Director and CFO of Zen Technologies said: “This is a significant step toward making India a drone and counter-drone technology export hub. These orders placed on Indian companies can have a multiplier effect on the Indian equipment manufacturers eco-system because products like anti-drone systems have a high export potential to friendly foreign countries.
“Anti-drone systems and training solutions are in high demand in many countries.”
In July 2021, Zen Technologies had bagged an export contract worth nearly INR 120 crores from an undisclosed customer.