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Astra Microwave Products’ joint venture to enter into manufacture of Electro Optic Systems

17 Aug 2022 Evaluate

Astra Microwave Products’ joint venture company (JVC) -- Astra Rafael Comsys (where Astra and its associates own 51% stake) is planning to take up development, manufacture, integration, customization and product support of Electro Optic (EO) systems in addition to its existing business line.

This new product line (EO) will enable JVC to compete in the upcoming EO systems business of about $600 million in India in the next 5 to 8 years.

Astra Microwave Products (AMPL) designs, develops and manufactures sub-systems for RF and microwave systems used in defense, space, meteorology and telecommunication.

Peers
Company Name CMP
Hindustan Aeronaut. 4898.75
Bharat Electronics 405.50
Aequs 226.05
Astra Microwave Prod 1677.95
DCX Systems 166.95
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