Defence stock engaged in the business of designing, developing, and manufacturing state-of-the-art Combat Training Solutions for the training of Defence & Security Forces jumped 6 percent in the day’s trade following the successful delivery of its innovative Zen Anti‐Drone System to the Indian Army.
With a market capitalization of Rs. 8,162 Crores, the shares of Zen Technologies Limited were trading at Rs. 971 per equity share, up 5.95 percent from its previous day’s close price of Rs. 916.50.
Zen Technologies Limited has announced the successful delivery of its innovative Zen Anti‐Drone System with Hard‐Kill (Zen ADS HK) to the Army Air Defence College in Gopalpur, Odisha, marking a significant milestone in bolstering India’s defence capabilities against drone threats
18 months ago the Army Air Defence College, responsible for training India’s Air Defence Corps, placed an order for the Zen ADS HK. Based on preliminary successful trials in accurate cueing of the automatic gun platform, Zen’s team designed, developed, and delivered a system that surpasses expectations, following rigorous testing and trials.
Building upon its proven soft-kill anti‐drone systems deployed by the Indian Air Force, Zen ADS HK offers a new layer of protection. This advanced system integrates seamlessly with existing legacy defence infrastructure, featuring a state‐of‐the‐art Electro‐Optical Tracking
System (EOTS) designed and developed in‐house by Zen Technologies. The EOTS combines a day camera, a thermal camera, and a Laser Range Finder (LRF) for effective all‐weather auto‐tracking.
Further Zen engineers meticulously designed a software interface that flawlessly integrates with the L‐70 Air Defence Gun, a mainstay of the Indian Army and numerous other countries. The system boasts versatility, allowing integration with various cue‐able automatic gun platforms for wider deployment
The Zen ADS HK empowers the Indian Army and positions Zen as a leader in the global anti‐drone market. This signifies a major leap in domestic defence technology and Zen Technologies Limited is committed to providing cutting‐edge solutions for robust air defence.
In Addition, Zen Technologies Limited has received an Indian Patent Grant for the TZS (LASER BORESIGHTING). Laser boresighting is a useful tool for quickly aligning a firearm’s sights before live-fire zeroing and can be used on a wide range of rifle, pistol and shotgun platforms.
Zen Technologies Limited is engaged in the business of designing, developing, and manufacturing state-of-the-art Combat Training Solutions for the training of Defence & Security Forces worldwide.
As of 31st March 2024, Zen Technologies Limited has a strong order book of Rs. 1,401.97 Crores, of which 43.59 percent of the total orders are received for Anti Drone Systems and 56.40 percent for Training Simulators.
Its Revenue from operations grew by 47.47 percent from Rs. 95.88 Crores in Q4FY23 to Rs. 141.39 Crores in Q4FY24, accompanied by profits of Rs. 23.37 Crores to Rs. 37.59 Crores.
Written by: Bharath K.S
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