Hot Pursuit     18-Oct-23
Astra Microwave soars with ToT deal to strengthen radar portfolio
Astra Microwave Products surged 14.05% to Rs 511 after the company said it has partnered with NSIL and IN-SPACe to utilize MiniSAR technology.
Astra Microwave Products has signed a License-Cum-Transfer of Technology (ToT) agreement with NewSpace India Limited (NSIL) and Indian National Space Promotion and Authorization Centre (IN-SPACe) to utilize the knowledge and technology related to MiniSAR: X band Airborne SAR. The ToT agreement aims to enhance Astra Microwave Product's portfolio of radars.

Astra Microwave Products designs and manufactures high-value-added RF and microwave super components and sub-systems that find application in defence, space, and civil communication systems.

On a consolidated basis, Astra Microwave Products reported net loss of Rs 6.74 crore in Q1 June 2023 as against net profit of Rs 8.10 crore in Q1 June 2022. Net sales declined 17.49% YoY to Rs 133.73 crore in Q1 June 2023.

Previous News
  Astra Microwave Products consolidated net profit rises 24.04% in the March 2023 quarter
 ( Results - Announcements 26-May-23   16:59 )
  Astra Microwave Products standalone net profit declines 20.62% in the March 2023 quarter
 ( Results - Announcements 26-May-23   16:13 )
  Astra Microwave Products schedules board meeting
 ( Corporate News - 02-Nov-22   15:05 )
  Astra Microwave Products standalone net profit declines 88.83% in the December 2018 quarter
 ( Results - Announcements 30-Jan-19   16:42 )
  Astra Microwave Products Ltd leads losers in 'A' group
 ( Hot Pursuit - 23-Apr-21   15:00 )
  Astra Microwave Products announces cessation of directors
 ( Corporate News - 28-Jan-21   15:51 )
  Board of Astra Microwave Products recommends final dividend
 ( Corporate News - 02-May-17   17:13 )
  Astra Microwave Products to convene board meeting
 ( Corporate News - 31-Jan-20   10:37 )
  AMPL gains after forming JVC with Rafael Advanced Defence Systems
 ( Hot Pursuit - 24-Aug-15   11:35 )
  Astra Microwave Products to conduct board meeting
 ( Corporate News - 15-Mar-19   15:35 )
  Astra Microwave Products to form joint venture with Rafael Advanced Defence Systems Israeli
 ( Corporate News - 24-Aug-15   11:33 )
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