Multibagger stock Apollo Micro Systems hits 5% upper circuit after this DRDO approval. Do you own?

Key Highlights

• “These ToTs strengthen the company’s capabilities in directed energy weapon subsystems, including laser-based engagement systems and electro-optical tracking solutions, and are aligned with India’s defence indigenisation and Atmanirbhar Bharat initiatives,” the company said.
• Directed energy weapon systems use high-powered lasers to inflict damage on targets.
• Compared to traditional weapons, which mainly rely on physical impact and kinetic energy, DEWs use directed energy to heat up, destroy, or damage the target.
• Commenting on the development, Karunakar Reddy, Managing Director, said, “The Directed Energy Weapon (DEW) technologies received through these Transfers of Technology will serve as an additional capability, complementing our ongoing development efforts, particularly in view of the rapidly evolving threat landscape posed by aerial systems.” The company is currently developing critical anti-drone systems under the ‘Make’ category for the Indian Armed Forces, wherein both soft-kill and hard-kill solutions, including rocket-based interceptors, are being developed to counter swarm drone threats.
• The Directed Energy Weapon (DEW) technologies received through these Transfers of Technology will serve as an additional capability, complementing the company’s ongoing development efforts, particularly in view of the rapidly evolving threat landscape posed by aerial systems.