Paras Defence gets ToT for Optronic Submarine Periscope by DRDO

07 Apr 2022 Evaluate

Paras Defence and Space Technologies has been awarded the Transfer of Technology (ToT) of Optronic Submarine Periscope as developed by the Instruments Research & Development Establishment (IRDE), Defence Research & Development Organization (DRDO). 

This ToT for Submarine Periscope can be considered as one of the most critical Naval Technology and hence can be a very big step in the direction of Atmanirbhar Bharat for Defence Technologies. DRDO has always inspired the Indian Defence Industry, and such events and ToT hand-over further indicates a strong commitment by DRDO to work with the Indian Industry as Development Partners.

This technology has been transferred to the company by way of a Licensing Agreement for Transfer of Technology of Optronic Submarine Periscope by IRDE, DRDO. The DRDO Laboratory has also nominated Paras Defence and Space Technologies as the Production Agency for the Optronic Submarine Periscope.

Paras Defence and Space Technologies is primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions.

Paras Defence &Space Share Price

612.05 -5.00 (-0.81%)
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