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NIBE’s arm signs MoU with leading infra & Defence Companies, Startups of India

09 Sep 2024 Evaluate

NIBE’s subsidiary -- Nibe Space has signed Memorandum of Understanding (MoU) with leading infra & Defence Companies and Startups of India namely Larsen & Toubro; Centum Electronics; Space Fields; SISIR Radar; CYRAN AI Solutions; AgniKul Cosmos; DV2JS Innovation LLP; Thales Alenia Space, France; and Thales India.

MoU aims to collaborate as a consortium for supply of equipment, services, skills, systems and support services etc. for its aim to build and operate a Private Earth Observation Constellation & corresponding ground segment to provide constellation on lease basis, offer images and analytics as a service. These MoUs are valid for a period of 12 to 24 months as stated in the respective agreements. 

NIBE (Formerly known as Kavita fabrics) manufactures synthetic fabrics in the form of semi-finished sarees and dress materials. These products are offered in various designs as per customer requirements.


NIBE Share Price

1053.55 5.30 (0.51%)
17-Apr-2026 16:59 View Price Chart
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