Defence stock in focus on securing Indian Navy order for underwater warfare prototype, check share price
Mumbai: Shares of Apollo Micro Systems, a leading technology-driven firm in the aerospace, defence, and homeland security sectors, are in action as the company has been awarded a Make-II Prototype Sanction Order (PSO) by the Indian Navy for the development of SAVIOR-ASW, a Semi-Submersible Autonomous Vessel for Intelligence, Operations, and Reconnaissance. This marks AMSL's formal entry into the domain of autonomous maritime and underwater warfare systems. What is the SAVIOR-ASW System?ย SAVIOR-ASW is India's first indigenously developed semi-submersible autonomous vessel designed specifically for Anti-Submarine Warfare (ASW) surveillance. It is an unmanned, self-powered maritime platform, yet capable of patrolling the ocean…