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Apollo Micro Systems inks MoU with Garden Reach Shipbuilders & Engineers

Apollo Micro Systems Ltd. | Defence | Capital Goods & Industrial Consumables | BSE: 540879 | NSE: APOLLO

29 Jan 2025 Evaluate

Apollo Micro Systems (AMS) and Garden Reach Shipbuilders & Engineers (GRSE) have entered into a memorandum of understanding (MoU) for a period of five years to establish a business partnership for the joint research and development (R&D), co-production, export of underwater weapons & vehicles, underwater mines, underwater communication systems and air defence systems and supply of advanced weapons and electronic systems for both defence and non-defence industries.

This collaboration is aimed at the development and production of cutting-edge technologies, including underwater weapons and vehicles, underwater mines and communication systems, air defence systems and vehicles. A key aspect of this partnership is leveraging and enhancing the manufacturing infrastructure of both companies to produce critical components and sub-assemblies for these systems.

In addition, the collaboration will provide services for the modernization and upgrade of existing systems, ensuring they remain state-of-the-art and meet evolving requirements. The partnership will address the growing demands of the defence, aerospace, and commercial markets, both domestically and internationally. The MoU underscores the commitment of GRSE and AMS to strengthen indigenous capabilities and contribute to national security through innovation in advanced technologies.

Both organizations reaffirmed their unwavering commitment to developing new products and technologies to fulfill the requirements of the Indian defence sector. They also expressed their intention to jointly leverage their respective strengths to address global markets.

Apollo Micro Systems offers custom built COTS (Commercially off-the shelf) solutions based on specific requirements to defence and space customers.

Apollo Micro Systems Share Price

282.95 40.65 (16.78%)

17-Apr-2026 16:59 View Price Chart

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Apollo Micro Systems inks MoU with Garden Reach Shipbuilders & Engineers

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