Paras Defence & Space Technologies Secures Rs 142.31 Crore Contract for High-Powered Anti-Drone Laser System from DRDO arm CHESS

Paras Defence & Space Technologies Ltd, a leading defence engineering company, has recently announced securing a contract worth Rs 142.31 crore from DRDO arm CHESS to develop a high-powered anti-drone laser system. This groundbreaking project is set to be executed over the next 24 months and marks a significant milestone in India’s defence capabilities.

The company’s Managing Director, Munjal Sharad Shah, expressed pride in being the first in India to develop such a state-of-the-art system. He emphasized the importance of high-power laser technology in modern warfare, offering precise and cost-effective solutions to emerging aerial threats.

The project involves the development of a laser source module and integration with a beam control system on a mobile platform, specifically designed for anti-drone/UAV and anti-missile applications. With an estimated total addressable market of Rs 25,000 crore for high-power laser defence systems, Paras Defence is well-positioned for substantial future growth.

Furthermore, this undertaking is expected to create job opportunities for highly skilled professionals in research, development, and manufacturing. The indigenous system also opens doors for potential exports as countries seek advanced solutions to counter the escalating threat posed by rogue drones.

Overall, this contract with DRDO highlights Paras Defence’s commitment to advancing India’s defence capabilities through innovative solutions. The company’s dedication to excellence in defence engineering is sure to make a significant impact in the aerospace and defence industry.