Share Market News: Defence stock Apollo Micro Systems hits 5 percent upper circuit after THIS update, check full details here

Directed energy weapons (DEWs) use highly powerful lasers to damage targets, according to exchange filings. They have widespread military applications and are capable of delivering rapid and precise strikes against threats such as drones (UAVs), missiles, and small vehicles.

Shares of Apollo Micro Systems Ltd., an aerospace and defence company, hit a 5 per cent upper circuit today. This surge in the stock comes after the company released significant information today. The company said in its filing today that it has received approval from DRDO for two separate Transfer of Technology (ToT) related to laser-based Directed Energy Weapon (DEW). The first technology involves a 10 kW multi-channel laser DEW system, developed by Hyderabad-based CHESS Lab. The second technology is an electro-optical tracking system with an EO sensor for DEW, developed by the IRDE lab in Dehradun.

Karunakar Reddy, Managing Director of the company, said that these two technology transfers from DRDO are a significant milestone for Apollo Micro Systems. They will strengthen the company’s capabilities in the field of directed energy weapons and support the Indian government’s “Atmanirbhar Bharat” mission to develop indigenous defence technology.

He explained that the company already develops anti-drone systems for the Indian armed forces, including soft-kill and hard-kill solutions. These new DEW technologies from DRDO will further strengthen existing projects and help address evolving aerial threats.

Directed energy weapons (DEWs) use highly powerful lasers to damage targets, according to exchange filings. They have widespread military applications and are capable of delivering rapid and precise strikes against threats such as drones (UAVs), missiles, and small vehicles.

The DEW’s unique advantage is its ability to be used in all types of combat environments. These cutting-edge technologies will enable Apollo Micro Systems to design, manufacture, and support critical DEW subsystems for defence needs, further strengthening the country’s indigenous capabilities in the field of advanced weapon systems.