April 3, 2025
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Paras defence inks MoU with Israeli company
(20 second reading) Paras Defence and Space Technologies has signed an MoU with Israel’s MicroCon Vision, part of the Controp and Rafael Group, to introduce advanced drone camera technology to India. The partnership positions Paras Defence as the exclusive supplier of these technologies at significantly reduced costs. By incorporating indigenous components into drone cameras and ISR payloads, the company aims to boost self-reliance and affordability. The new models, usually priced at Rs 20-40 lakh, will see a price reduction of 50-60%, making them more accessible for both Indian defence forces and commercial use.
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