HYDERABAD. In a major boost to India's commercial space sector, full-stack space engineering solutions provider Dhruva Space has secured a strategic investment of ₹60 crore ($7.2 million) from the newly established Antariksh Venture Capital Fund...
Paris, France. At the inaugural meeting of the anti-ballistic coalition at the French Ministry for Europe and Foreign Affairs, Airbus Defence and Space, Destinus, MBDA Deutschland, Safran Electronics & Defense, and Thales on July 14 signed...
Mumbai: ideaForge Technology Limited, India’s leading drone technology player, announced the successful completion of its Qualified Institutional Placement (QIP), raising ₹500 crore. The QIP witnessed a strong response from marquee domestic and international institutional...
NEW DELHI. In a major doctrinal shift aimed at building deep-strike capabilities independent of conventional missile systems, the Indian Army has formally initiated the acquisition of indigenous, long-range one-way attack drones.
The programme, categorised under the...
Washington: As recent conflicts consume weapons at a ferocious rate, America’s defence industrial base is becoming more prepared to sustain a major war, according to a new report.
“The trends are moving in the right...
Washington: US Marines on Guam recently fired the service’s new Medium-Range Intercept Capability system, representing the validation of the Corps’ first medium-range air defence system since the divestment of the service’s legacy HAWK platform...
Paris: Germany’s Helsing raised US$1.8 billion in Europe’s biggest-ever funding round for a defence-technology startup, valuing the company at $18 billion and continuing a flurry of mega rounds for the continent’s defence industry.
Munich-based Helsing...
Paris: Rheinmetall and MBDA will develop a high-energy laser weapon for the Germany Navy that builds on previous work by the two companies on a laser demonstrator, with the weapon system expected to be...
New Delhi: The Tejas MK-1A programme has registered a positive development with the seventh GE F404-IN20 engine successfully clearing user acceptance quality checks. This marks a crucial step forward for Hindustan Aeronautics Limited (HAL),...
MUMBAI / BENGALURU. In a landmark transaction that underscores the growing global appeal of India's indigenous military manufacturing sector, global private equity major Carlyle has finalised an agreement to acquire a controlling interest in Micropack,...
WASHINGTON. In a milestone event for futuristic weaponry, defence researchers have initiated a comprehensive series of live-fire operational trials for a highly advanced electromagnetic railgun (EMRG). The testing programme represents a major breakthrough in moving...
São José dos Campos, Brazil. Embraer will once again have a strong presence at the Farnborough International Airshow in the United Kingdom, highlighting its continued growth momentum driven by increasing aircraft deliveries, a record backlog,...
Tel Aviv: The Israel Ministry of Defence (IMOD), through its Directorate of Defence Research & Development (DDR&D), announced the official launch of DRISHTI 2.0, another milestone in strengthening the bridge between Israeli defence-tech innovation...