Indian state-owned defence company, Bharat Electronics Limited (BEL) and Newspace Research & Technologies Limited (NRT), a Bangalore-based startup company, have signed a Memorandum of Understanding (MoU) at the DefExpo 2020.
The Mou was signed by Vinay Kumar Katyal, Director (Bangalore Complex) at BEL, and Sameer Joshi, CEO & Director of NRT.
The MoU is to co-operate in the design, development, manufacturing, integration, testing and supply of Unmanned Systems, Swarm technologies, stratospheric platforms and related payloads, and to provide lifetime support to the Indian Defence forces and non-defence customers.
The MoU will enable BEL to make joint efforts with NRT to seize opportunities in the Unmanned Systems and related domains in both Indian as well as global markets. The MoU is part of BEL’s enhanced efforts to engage with technologically promising Startups like NRT and contribute to the cause of building a strong Startup eco-system in India.
BEL is a multi-product, multi-technology, multi-Unit conglomerate having products in the areas of Radars, Missile Systems, Military Communications, Naval Systems, Electronic Warfare & Avionics, C4I Systems, Electro-Optics, Tank Electronics & Gun/Weapon System Upgrade in the Defence segment. BEL is also diversifying into areas such as Homeland Security & Smart Cities, Satellite Integration & Space Electronics, Railways, Artificial Intelligence, Cyber Security, Software as a Service, Energy Storage Products and Composite Shelters & Masts.
NRT is a start-up technology company engaged in research and development of several aerospace-related systems and solutions. The capabilities of NRT are in the areas of Unmanned Air Systems (UAS), collective robotics/swarm robotics, GPS-denied operations, Augmented Reality (AR), Virtual Reality (VR), Machine Learning (ML), Artificial Intelligence (AI), stratospheric platforms, etc.