Kochi, July 2 -- Paras Anti Drone Technologies Pvt Ltd, a subsidiary of Paras Defence and Space Technologies Ltd, has announced that France-based CERBAIR, a leading European counter-UAV company, is intending to acquire up to 30 CHIMERA 200 systems (an advanced Man portable radio frequency detection and neutralisation device) designed as a primary defence against drone and swarm drone threats.
The deal worth approximately Rs 22 crore (€2.2 million) by Paras strengthens India's position as an emerging and reliable exporter of sophisticated defence technologies.
It also aligns with the country's Make in India and Defence Production & Export Promotion Policy goals of achieving USD 5 billion in annual defence exports by 2025, a release s...