AXISCADES Technologies Shares Rise After Announcing Strategic Defence Agreement with France's Cilas S.A.

Bengaluru, October 31, 2025: AXISCADES Technologies Ltd share price (NSE: AXISCADES | BSE: 532395)  surged over 3% in the afternoon session on Friday – after the company announced its strategic defence collaboration with France-based Cilas S.A – the world’s leading provider of laser technologies. The alliance will co-develop state-of-the-art C-UAS solutions for the Indian Armed Forces – to further enhance India’s growing emphasis on indigenous defence. The announcement bolstered investor sentiment, maintaining healthy momentum throughout the session.

Headquartered in Bengaluru, AXISCADES Technologies Ltd. is one of the leading Indian engineering and defence technology companies offering end-to-end solutions across the Aerospace, Defence, and Heavy Engineering sectors. The company has built a workforce of over 3,000 professionals across 17 global locations and has forged partnerships with India’s Defence Forces, DRDO, and global OEMs. Its expertise in weapon systems, avionics, radar, electronic warfare, and anti-drone technologies makes it one of the most crucial contributors to India’s modernization endeavors in defense.

Strategic Defence Collaboration and Key Objectives

The new MoU will see AXISCADES and Cilas jointly promote and develop the Helma-P high-energy laser weapon system in India. The collaboration will be specifically aimed at developing a vehicle-mounted C-UAS platform – integrated within the indigenously developed C2 framework of AXISCADES. This collaboration supports the Atmanirbhar Bharat initiative of the Indian Government – focused on localized manufacturing, system integration, and long-term maintenance in India.

Chairman and Managing Director, and Founder of AXISCADES – Dr. Sampath Ravinarayanan, said, the partnership represents an important stride towards making India more self-sufficient in key defence technologies. On his part, Cilas Chief Executive Officer Olivier Prat congratulated AXISCADES for its leadership on anti-drone solutions and pledged commitment to consolidating Indo-French cooperation in next-generation defence systems.

Stock Performance and Market Sentiment

As of 12:55 pm IST, the stock was trading at ₹1,597.90, up 3.21% from the previous close of ₹1,548.20. The stock recorded a day’s range of ₹1,550.00-₹1,598.00. Its market capitalization stood at ₹6,736.30 crore, and the traded value at ₹4.32 crore. Over the past year, the share price has steadily climbed, supported by consistent contract wins, expanding defence partnerships, and growing investor confidence in the company’s long-term growth strategy.

REF: https://nsearchives.nseindia.com/corporate/AXISCADES_31102025121046_PressRelease31102025.pdf

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