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DRDO awards Transfer of Technology for Development of Border Surveillance System to Paras Defence


Paras Defence and Space Technologies Limited has been chosen by the DRDO as one of the Companies for handing over the technology of Border Surveillance Systems as developed by Instruments Research & Development Establishment and Defence Research and Development Organization (DRDO).

This technology has been transferred by a Licensing Agreement for Transfer of Technology for Border Surveillance Systems entered between the Company, IRDE & DRDO. This system shall provide all weather surveillance for day and night monitoring of the border areas, it shall consist of Radar, EO sensors etc., mounted on Pan Tilt platforms. With this ToT Paras shall be serving the requirement of the Armed Forces of the Nation.

Shares of Paras Defence and Space Technologies Ltd was last trading in BSE at Rs. 732.40 as compared to the previous close of Rs. 686.30. The total number of shares traded during the day was 95356 in over 6817 trades.
 
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