Paras Defence and Space Technologies Ltd has entered into a strategic Memorandum of Understanding (MoU) with MicroCon Vision Ltd, a part of the Controp and Rafael Group from Israel, to boost India’s capabilities in defence and drone technology. The collaboration will enable Paras Defence to become the exclusive supplier of advanced drone camera systems in India, offering these technologies at significantly reduced costs.
This partnership aims to localize the production of advanced drone cameras and Intelligence, Surveillance, and Reconnaissance (ISR) payloads, thus promoting self-reliance in India’s defence sector. By introducing these systems with high indigenous content, Paras Defence expects to reduce the cost of each unit by 50-60%, making advanced surveillance technology more accessible for both military and commercial applications. The models, which typically cost ₹20 lakh and ₹40 lakh per unit when imported, will be available at a fraction of their usual price.
MicroCon Vision will supply Paras Defence with exclusive drone cameras, including ISR payloads and Electro-Optical/Infrared (EO/IR) seekers, while Paras Defence will be MicroCon’s exclusive partner for ISR operations within India. This partnership supports MicroCon’s plan to increase its presence in India’s rapidly expanding drone market.
The MoU focuses on integrating cutting-edge technologies such as AI-driven analytics, high-resolution imaging, and thermal vision into the ISR payloads, enhancing surveillance and operational efficiency across both defence and civilian sectors. Paras Defence is a leading provider of advanced defense and space technology solutions, specializing in designing, developing, and manufacturing high-precision equipment.
With a legacy of innovation and excellence, the company serves critical sectors such as defense, aerospace, and homeland security. Its product portfolio includes cutting-edge electro-optics, rugged electronics, and sophisticated software solutions tailored to meet the stringent requirements of defense and space missions. Paras Defence’s expertise in providing indigenously developed systems aligns with India’s vision of self-reliance in defense manufacturing.
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.
