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 standalone net profit rises 91.15% in the June 2018 quarter
 ( Results - Announcements 31-Jul-18   16:47 )
  Astra Microwave Products reports standalone net profit of Rs 4.18 crore in the June 2017 quarter
 ( Results - Announcements 29-Jul-17   17:35 )
  Board of Astra Microwave Products recommends Final Dividend
 ( Corporate News - 24-May-24   17:39 )
  Astra Microwave bags order worth Rs 385 cr
 ( Hot Pursuit - 29-Mar-24   16:29 )
  Astra Microwave Products net profit rises 2.56% in the December 2011 quarter
 ( Results - Announcements 28-Jan-12   14:44 )
  Astra Microwave Products to convene board meeting
 ( Corporate News - 30-Apr-19   16:30 )
  Astra Microwave Products to conduct AGM
 ( Corporate News - 25-Jul-20   12:52 )
  Astra Microwave Products net profit rises 167.56% in the March 2013 quarter
 ( Results - Announcements 29-Apr-13   15:26 )
  Astra Microwave Products gets ratings reaffirmation for LT & ST bank facilities
 ( Corporate News - 14-May-15   11:13 )
  Astra Microwave Products announces resignation of director
 ( Corporate News - 26-Dec-15   13:21 )
  Astra Microwave Products Recommended Dividend
 ( Corporate News - 29-Apr-13   14:24 )
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