Zen Technologies shares in 5% upper circuit on launch of 4 new defence products

Zen Technologies shares have rallied over 71 percent since the start of the year

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Shares of Zen Technologies Limited jumped 5 percent to Rs 1,361 to be locked in the upper circuit on July 15 after it said it introduced AI-powered robots and launched four defence products.

The company launched new IP-owned defense products for global security in collaboration with its subsidiary, AI Turing Technologies. These products include Hawkeye, Barbarik-URCWS (Ultralight Remote Control Weapon Station), Prahasta, and Sthir Stab 640.

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Here's a small description of each launch.

Hawkeye: An advanced anti-drone system camera with multiple sensor modules capable of tracking drones up to 15 km in all weather conditions, ensuring continuous threat detection and heightened security.

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Barbarik - URCWS: Recognized as the world's lightest remote-controlled weapon station, Barbarik - URCWS offers precise targeting capabilities for ground vehicles and naval vessels, optimizing battlefield effectiveness and minimizing operational risks.

Prahasta: An automated quadruped equipped with LIDAR and reinforcement learning technology, Prahasta offers real-time 3D terrain mapping for mission planning, navigation, and threat assessment. It supports various calibre weapons and is a versatile tool for frontline defence operations.

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Sthir Stab 640: Designed for armoured vehicles, boats, and ICVs, Sthir Stab 640 features an advanced stabilised sight system using fibre optic gyro technology. It enhances situational awareness with automatic search and tracking capabilities, supporting a wide range of weapon systems from 12.7 mm to 30 mm.

"We believe the launch of these products will raise awareness around the need to integrate advanced robotics into combat and reconnaissance missions," Ashok Atluri, managing director of the company, said.

Zen Technologies shares have rallied over 71 percent since the start of the year.

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