Avantel Secures ₹3.36 Crore DRDO Order for SATCOM Waveform

Published: Sep 1, 2025 00:42

Hey there, finance enthusiasts! 👋 Let’s dive into some interesting news from Avantel Limited. The company, which last traded at ₹149.5, down 2.6%, has just announced a significant order win that’s sure to grab attention.

Avantel has secured a new order valued at ₹3.36 Crores (including taxes) from none other than the Defence Research and Development Organisation (DRDO). This is a big deal, as DRDO is India’s premier agency for military research and development, making this a prestigious win for Avantel.

The order, dated August 25, 2025, is for the Development, Porting, and Testing of SATCOM Waveform (SDR). In simpler terms, Avantel will be working on advanced software for satellite communication systems, specifically focusing on Software Defined Radios (SDRs). This involves not just creating the software but also adapting it for different platforms and rigorously testing its performance, including Field Trials of the Ported Waveform (SDR) using a HUB.

This is a purely domestic order, highlighting Avantel’s role in bolstering India’s indigenous defense capabilities. The nature of the order falls under Software Services, a key area of expertise for Avantel. The company is expected to complete the execution of this order by April 27, 2026.

This new contract underscores Avantel’s continued strong relationship with the Indian defense sector and its capabilities in cutting-edge communication technologies. It’s always exciting to see Indian companies contributing to national security through advanced technological solutions! 🇮🇳

source: Corporate Announcement