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Sigma Advanced Systems (Megasoft) signs ₹250 Cr strategic counter-drone partnership
Sigma Advanced Systems (formerly Megasoft) has secured a strategic partnership with Indrajaal Drone Defence, resulting in approximately ₹250 crore of contracts for the first year. Sigma will be the exclusive provider of core radar and electronic warfare subsystems, including sensing and jamming technologies, for Indrajaal's counter-drone platforms. The collaboration also opens doors for Indrajaal to enter the EU and NATO defense markets through Sigma's European subsidiary, Nasmyth. This move solidifies Sigma's position as a key IP-led player in the rapidly growing indigenous defense electronics sector.
Key Highlights
Partnership yields approximately ₹250 crore in contracts for the first year of operations.
Sigma to exclusively supply mission-critical radar, sensing, jamming, and spoofing subsystems.
Provides strategic access to EU and NATO defense ecosystems via Sigma's UK-based Nasmyth operations.
Leverages three decades of defense IP used in major platforms like Akash missiles and Sukhoi-30 aircraft.
💼 Action for Investors
This is a major pivot into high-margin defense electronics; investors should monitor the execution of the ₹250 crore order book and potential international expansion.