Zen Acquires TISA Stake in Loitering Munitions Expansion

  Published 1 year ago

Zen buys 54.67% in TISA Aerospace for Rs 6.56 crore, boosting defense drone and loitering munitions capabilities in India.

  • Zen acquires TISA stake to expand in high-growth loitering munitions and precision-guided weaponry sectors.
  • TISA’s DRDO, IIT Madras R&D projects add advanced tech to Zen’s anti-drone and propulsion systems.
  • The deal aligns with India’s self-reliance goals, enabling faster scaling in domestic and global defense markets.

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