Vayu Astra-1 completes successful trials in Pokhran; sets the stage for enhanced battlefield capabilities | Jaipur News

Vayu Astra-1 completes successful trials in Pokhran JAISALMER: Pune-based defence technology company Nibe Limited has successfully completed the first technical trials and No-Cost, No-Commitment (NCNC) demonstration of its indigenous loitering munition system ‘Vayu Astra-1’ at the Pokhran firing range in Jaisalmer district in Rajasthan. Senior army official & scientist were present during this trial.The successful…

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VEM Technologies bags Rs 185 crore investment from InCred | Hyderabad News

Hyderabad: VEM Technologies Private Ltd, a Hyderabad-based aerospace and defence player, has secured a growth capital investment of Rs 185 crore from InCred Alternative Investments, marking a fresh private equity bet on India’s expanding indigenous defence manufacturing sector.The investment was made through InCred Growth Partners Fund-I and InCred Growth Partners Fund-II and consists of primary…

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