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 secured 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 revolutionize India’s defence capabilities and position the company for substantial future growth in the high-power laser defence systems market, estimated to be worth Rs 25,000 crore.

The development roadmap for this project is ambitious, with plans to execute it within 24 months. Paras Defence is proud to be the first company in India to develop such a state-of-the-art system, showcasing their commitment to advancing India’s defence capabilities through homegrown innovation.

Munjal Sharad Shah, Managing Director of Paras Defence & Space Technologies, emphasized the significance of high-power laser technology in modern warfare, highlighting its precision, cost-effectiveness, and rapid-response capabilities in countering 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. This initiative is not only expected to create job opportunities for highly skilled professionals in research, development, and manufacturing but also opens avenues for exports as countries seek advanced solutions to combat the escalating threat posed by rogue drones.

Overall, this contract with DRDO signifies a major milestone for Paras Defence & Space Technologies, solidifying their position as a key player in the defence engineering sector and paving the way for future growth and innovation in high-power laser defence systems.