Paras Defence Signs MoU for Inertial Solutions

Paras Defence and Space Technologies experienced an increase of 1.43%, reaching Rs 718.20, following the signing of a memorandum of understanding (MoU) with Cielo Inertial Solutions (CIELO), based in Israel.

As part of the MoU, Paras Defence and CIELO will leverage their respective strengths to explore and pursue opportunities within India for the adaptation, marketing, sale, and production of inertial sensors and closed-loop FOG-based inertial solutions.

Paras Defence and Space Technologies (PDST) is primarily focused on the design, development, manufacturing, and testing of a diverse range of defence and space engineering products and solutions. The company serves four key sectors: defence & space optics, defence electronics, heavy engineering, and electromagnetic pulse protection solutions.

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The company has reported a 1.1% increase in consolidated net profit, amounting to Rs 14.27 crore, alongside an 11.5% rise in net sales to Rs 93.19 crore for Q1 FY26, compared to Q1 FY25.

The Company possesses exclusive capabilities from Concept to Commissioning in the fields of Defence Electronics, Defence & Space Optics, and Defence Heavy Engineering. We are the sole manufacturer in India capable of producing Infrared Optics in large volumes. Our company has made significant contributions to many of the prestigious Defence & Space Programs in our nation.

Our continuous growth over the past 40 years, dedicated solely to Defence Engineering, has allowed us to provide the most extensive range of products and solutions for defence applications, all under one roof and 100% manufactured in India.