Paras Defence and Space Technologies Limited (“PARAS”), a leading Indian company specializing in Defence and Space optics, electronics, and electromagnetics, has announced the signing of a Memorandum of Understanding (MoU) with Cielo Inertial Solutions Ltd (“CIELO”), Israel — a global technology leader in the field of advanced inertial solutions.
CIELO is an Israeli manufacturer renowned for its expertise in Closed Loop Fiber Optic Gyroscopes (FOGs), Inertial Measurement Units (IMUs), Gyrocompasses, North Finding Systems, and Inertial Navigation Systems (INS). Through this strategic collaboration, PARAS and CIELO aim to combine their respective technological strengths to promote, market, adapt, and produce Inertial Sensors and Closed Loop FOG-based Inertial Solutions in India. The partnership is aligned with the Government of India’s vision of Atmanirbhar Bharat (self-reliant India), particularly in the area of advanced defence technologies and indigenous manufacturing.
This MoU paves the way for joint technology development, transfer of know-how, and potential local production, reinforcing both companies’ commitment to technological innovation and long-term partnership. Cielo Inertial Solutions Ltd, headquartered in Israel, is a global leader in the design and production of high-performance inertial sensors and navigation systems, including Closed Loop Fiber Optic Gyroscopes, IMUs, and INS, catering to aerospace, marine, and land applications.
Paras Defence and Space Technologies Limited is one of the leading private sector companies in India catering to the Defence and Space sector. The company is engaged in the design, development, manufacturing, and testing of a wide range of defence and space engineering products and systems.
The company’s commitment to quality and technological advancement is reflected in its state-of-the-art manufacturing facilities and collaborations with global partners. Paras Defence plays a pivotal role in modernizing defense capabilities by offering customized solutions that enhance operational readiness and efficiency. With a strong focus on R&D and a deep understanding of industry needs, the company continues to expand its footprint, contributing to national security and technological progress on a global scale.
