As­tra Mi­crowave signs two key MoUs

SP's MAI - - MILITARY SHOW REPORT -

Hy­der­abad-based As­tra Mi­crowave Prod­ucts Limited (AMPL) has tied up with a Is­raeli de­fense tech­nol­ogy com­pany, Rafael Ad­vanced De­fense Sys­tems Ltd to form As­tra Rafael Com­sys Pvt Ltd (ARC) with 51 and 49 per cent hold­ing re­spec­tively and in fu­ture it could be 50:50 part­ner­ship, sub­ject to reg­u­la­tory ap­provals.

AMPL is a 25-yearold pub­lic listed com­pany en­gaged in de­sign, de­vel­op­ment and man­u­fac­ture of crit­i­cal RF and mi­crowave prod­ucts and other strate­gic elec­tron­ics sub­sys­tems in In­dia. Rafael Ad­vanced De­fense Sys­tems Ltd de­signs, de­vel­ops, man­u­fac­tures and sup­plies a wide range of high-tech de­fence sys­tems for air, land, sea and space ap­pli­ca­tions. The com­pany of­fers its cus­tomers a di­ver­si­fied ar­ray of in­no­va­tive so­lu­tions at the lead­ing edge of global tech­nol­ogy, from un­der­wa­ter sys­tems through naval, ground and air su­pe­ri­or­ity sys­tems to space sys­tems.

ARC will carry out pro­duc­tion, in­te­gra­tion, cus­tomi­sa­tion, mar­ket­ing sale and life-cy­cle sup­port and ad­di­tional ac­tiv­i­ties as re­quired in the fields of tac­ti­cal ra­dio com­mu­ni­ca­tion sys­tems, elec­tronic war­fare sys­tems and sig­nal in­tel­li­gence sys­tems. ARC will be­come op­er­a­tional from Septem­ber 2016 and about $40 mil­lion is ex­pected to be in­vested jointly by the pro­mot­ers in the first three to four years oper­a­tions. ARC will have its man­u­fac­tur­ing fa­cil­i­ties in Hy­der­abad with a mar­ket­ing of­fice at Delhi.

AMPL has signed an­other key agree­ment to set up joint ven­tures in In­dia in as­so­ci­a­tion with a Cana­dian com­pany.

As­tra is form­ing a joint ven­ture with Canada-based Unique Broad­band Sys­tems Ltd to do busi­ness in the ar­eas of UHF broad­cast­ing, satel­lite up­link­ing and med­i­cal imag­ing prod­ucts for In­dian and other in­ter­na­tional mar­kets. The joint ven­ture is ex­pected to do busi­ness of $50 mil­lion to $70 mil­lion in next five to seven years and cre­ate over 200 new jobs.

The com­pany As­tra UBS Tech­nolo­gies Pri­vate Limited is the joint in­tent to pro­vide Cana­dian and In­dian tech­nol­ogy and com­plex com­mu­ni­ca­tion sys­tem com­po­nents to fur­ther sup­port In­dia and nu­mer­ous in­ter­na­tional cus­tomers. This is a brain-chain ap­proach to pro­vide Cana­dian tech­nol­ogy and com­plex com­mu­ni­ca­tion sys­tem com­po­nents from tech­nol­ogy gi­ant of Canada Unique Broad­band Sys­tems. This is a BrainChain ap­proach to pro­vide Cana­dian tech­nol­ogy and com­plex com­mu­ni­ca­tion sys­tem com­po­nents from tech­nol­ogy gi­ant of Canada Unique Broad­band Sys­tems to very high tech In­dian part­ner for As­tra Mi­crowave prod­ucts fur­ther man­u­fac­tur­ing as well as post-sales sup­port in In­dia.

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