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Dynamatic Technologies has informed that Aerodata AG, an established German provider of specialised solutions for aviation, and Dynauton Systems, a division of Dynamatic Technologies Limited focusing on the development and manufacture of unmanned systems, announce the signing of a Memorandum of Understanding (MoU). The agreement establishes the framework for a strategic collaboration to develop a new unmanned, airborne surveillance and reconnaissance solution for the Indian region. In this context, it has attached the press release.

The above information is a part of company’s filings submitted to BSE.

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