Paras Defence Subsidiary Signs ₹22 Cr Deal to Supply Anti-Drone Tech to French Firm
In a significant development, Paras Defence, a leading Indian defence company, has announced that its subsidiary, Paras Anti Drone Technologies, has signed a Letter of Intent (LoI) with French anti-drone firm CERBAIR to supply its state-of-the-art anti-drone technology. The deal, worth €2.2 million (approximately ₹22 crore), is a major milestone for both companies and highlights the growing importance of anti-drone technology in the global defence sector.
According to the LoI, CERBAIR has agreed to acquire up to 30 CHIMERA 200 systems from Paras Anti Drone Technologies. The CHIMERA 200 system is a cutting-edge anti-drone solution that offers robust and upgradeable wideband detection and neutralisation capabilities, rapid deployment features, and advanced tracking and identification systems. These features enable the system to effectively counter evolving UAV (Unmanned Aerial Vehicle) threats, making it an attractive solution for defence and security agencies worldwide.
The deal is significant not only because of its financial value but also because it marks a major breakthrough for Paras Defence and its subsidiary in the global anti-drone market. With this deal, Paras Defence has demonstrated its capability to supply high-tech anti-drone solutions to international clients, further solidifying its position as a leading player in the Indian defence industry.
CERBAIR, the French anti-drone firm, is a pioneer in the development of anti-drone technology and has already made a name for itself in the global defence sector. The company’s expertise in anti-drone technology is unparalleled, and it has already supplied its solutions to several international clients. The partnership with Paras Defence and its subsidiary is a strategic move by CERBAIR to expand its presence in the Indian market, which is increasingly becoming a hub for defence and aerospace companies.
The deal is also significant because it highlights the growing importance of anti-drone technology in the global defence sector. With the increasing use of drones for both military and civilian purposes, there is a growing need for effective anti-drone solutions that can neutralise the threat posed by these devices. The CHIMERA 200 system is a testament to the growing demand for anti-drone technology and the efforts of companies like Paras Defence and CERBAIR to meet this demand.
The partnership between Paras Defence and CERBAIR is also expected to create new opportunities for both companies in the global defence sector. With the LoI, Paras Defence has demonstrated its capability to supply high-tech anti-drone solutions to international clients, which is expected to open up new avenues for the company in the global market. Similarly, CERBAIR’s partnership with Paras Defence will enable it to expand its presence in the Indian market and tap into the growing demand for anti-drone technology in the country.
In conclusion, the deal between Paras Defence and CERBAIR is a significant milestone for both companies and highlights the growing importance of anti-drone technology in the global defence sector. The partnership is expected to create new opportunities for both companies and further solidify their position in the global defence industry.
