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14 Defence Tech Startups Fuelling The ‘Make In India’ Drive In Defence
- Indian defence tech startups are emerging to drive innovation in the military using technologies such as artificial intelligence (AI), unmanned systems, and advanced surveillance.
- Initiatives like Defence Ministry’s iDEX and Technology Development Fund are empowering defence startups by offering grants and collaboration avenues.
- Former defence secretary Ajay Kumar’s INR 250 Cr VC fund has marked its first close within days of launch to invest in early stage defence, aerospace and deeptech startups.
- Big Bang Boom Solutions, a defence tech startup, recently secured $30 Mn in funding, giving a major impetus to the homegrown defence sector and the resilience of the startup ecosystem.
- Agnit Semiconductors designs and develops wireless transmitters for defence applications, enhancing the capabilities of defence electronics.
- EyEROV develops underwater drones used for naval inspections, mine detection and underwater surveillance. It recently raised nearly $1.2 Mn in Pre-Series A funding.
- Zeus Numerix provides simulation and modelling solutions for defence equipment and operations, focusing on improving performance and reducing development time for defence projects.
- Xera Robotics focuses on developing autonomous underwater and land robots for various tasks.
- Optimized Electrotech develops electro-optic solutions for surveillance, reconnaissance, and target acquisition. It recently received a grant of INR 25 Cr from the Indian government.
- Sagar Defence Engineering develops unmanned surface and underwater vehicles for naval defence applications. The company has partnered with India’s DRDO to develop the country’s first underwater-launched Unmanned Aerial Vehicles (UAVs).
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