The world is shocked and India is feeling proud as Indian company Paras Defense and Space Technology has received an order of Rs 22.21 crore from the prestigious defense company of NATO France. This is not just a deal but the beginning of the Defense Empire of India. It is also said that India is now going to become a super power in defense technology. Actually, the news is coming out that the stock of Paras Defense and Space Technologies increased by 3.71% and it reached Rs 1,687.80. Its subsidiary Paras Anti-Drone Technologies have received a letter of Rs 22.21 crore (LOI) for the supply of 30 units of the Chimera 200 anti-drain system from Serbear in France. The said deal is a major export success for India’s defense technology sector.
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CHMERA 200 is a world-class counter-UAS system with special wideband detection and neutralization capabilities that support both well-known and directional operations. Its adaptive, upgradable configuration enables detect an accurate threat including drones, remote control and their take-off and control locations on 6 GHz frequencies from 400 MHz, including a maximum of five bands simultaneously. Its developmental RF architecture, safe API for integration of C2 and weapons, low incorrect alarm rates and scalable design ensures that it can compete with drone hazards today while IEDs are developing to address the needs of signal, signal spoofing and broad electronic war.
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Ashutosh Baheti, Chief Executive Officer (CFO) of Paras Anti Drone Technologies said: Our cooperation with CERBAIR is a proof of India’s growing stature as a reliable source of advanced anti-drain technologies. We are committed to providing field-tested solutions to meet the world’s highest standards and strengthen India’s position as a global defense manufacturing center. In the letter sent to Paras Anti Drone Technologies, Serbair President Lucas Le Bel said: With a change in global geopolitics and conflict in Ukraine, the need for this solution has increased. Our customers are demanding performance and delivery, indicating a strong market fit.