{"id":2958,"date":"2024-07-11T08:07:45","date_gmt":"2024-07-11T08:07:45","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=2958"},"modified":"2024-07-11T09:41:45","modified_gmt":"2024-07-11T09:41:45","slug":"data-patterns-rise-6-on-drdo-project-approval-six-other-winners-announced","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/data-patterns-rise-6-on-drdo-project-approval-six-other-winners-announced\/","title":{"rendered":"Data Patterns Rise 6% on DRDO Project Approval; Six Other Winners Announced"},"content":{"rendered":"\n<p>Data Patterns (India) saw its shares surge by over 6% following the Defence Research &amp; Development Organisation (DRDO) sanctioning a new project under the Technology Development Fund (TDF) scheme. The Chennai-based company has been tasked with developing a Radar Signal Processor.<\/p>\n\n\n\n<p>DRDO has awarded a total of seven projects focused on the aerospace and defense sectors to various companies. This initiative aims to bolster India&#8217;s military industrial ecosystem by nurturing micro, small, and medium enterprises (MSMEs) and start-ups in these fields.<\/p>\n\n\n\n<p>Among the notable recipients:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Oxygen 2 Innovation<\/strong>: This Noida-based start-up will develop an indigenous toolkit for simulator training of pilots.<\/li>\n\n\n\n<li><strong>Sagar Defence Engineering Pvt Ltd, Pune<\/strong>: Tasked with developing marine battlefield accessories.<\/li>\n\n\n\n<li><strong>IROV Technologies Pvt Limited, Kochi<\/strong>: Assigned to create a long-range remotely operated vehicle to detect and neutralize underwater objects.<\/li>\n\n\n\n<li><strong>Craftlogic Labs, Bengaluru<\/strong>: Will develop technology for detecting icing conditions on aircraft&#8217;s external surfaces.<\/li>\n\n\n\n<li><strong>Accord Software, Bengaluru<\/strong>: To enable the indigenization of a timing acquisition and dissemination system.<\/li>\n\n\n\n<li><strong>Alohatech Private, Coimbatore<\/strong>: Awarded a project to develop yarn and fabric-making processes using graphene nanomaterials.<\/li>\n<\/ul>\n\n\n\n<p>The TDF scheme is designed to promote self-reliance in defence production for the Tri-Services, Defence Production, and DRDO. The indigenous development of these technologies is expected to significantly strengthen India&#8217;s defence capabilities.<\/p>\n\n\n\n<p>&#8220;The aim is to nurture MSMEs and start-ups in the defence and aerospace sectors,&#8221; DRDO stated, highlighting the strategic importance of these projects in enhancing national security and technological self-sufficiency.<\/p>\n\n\n\n<p><em>Do you have a news tip for Lakshmishree reporters? Please email us at\u00a0<a href=\"mailto:media@lakshmishree.com\" target=\"_blank\" rel=\"noreferrer noopener\">media@lakshmishree.com<\/a><\/em><\/p>\n\n\n\n<p><sub><sup>Source: <a href=\"https:\/\/www.moneycontrol.com\/news\/business\/drdo-awards-seven-projects-to-private-players-12766763.html\" target=\"_blank\" rel=\"noopener\">Money Control<\/a><\/sup><\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Data Patterns (India) saw its shares surge by over 6% following the Defence Research &amp; Development Organisation (DRDO) sanctioning a new project under the Technology Development Fund (TDF) scheme. The Chennai-based company has been tasked with developing a Radar Signal Processor. DRDO has awarded a total of seven projects focused on the aerospace and defense [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2959,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[50,32],"tags":[82],"class_list":["post-2958","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-market","category-must-read","tag-data-patterns-drdo"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/2958","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=2958"}],"version-history":[{"count":2,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/2958\/revisions"}],"predecessor-version":[{"id":2961,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/2958\/revisions\/2961"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/2959"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=2958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=2958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=2958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}