New Delhi, July 2 -- Paras Defence and Space Technologies Limited has received a letter of intent worth Rs 22.21 crore from French defence firm Cerbair for the supply of anti-drone technology systems.
The order encompasses 30 units of CHIMERA 200, the company's proprietary anti-drone solution, according to an exchange filing.
The contract will be executed by Paras Anti-Drone Technologies, a subsidiary of Paras Defence that specialises in drone jamming and counter-drone technologies.
The subsidiary focuses on developing advanced systems for neutralising unauthorised drone activities across various operational environments.
Paras Defence and Space Technologies is a four-decade-old tier-2 defence company that manufactures specialised eng...
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