Multi-Crore ISRO Contract Sealed! Radar Maintenance Deal Worth Rs 5.81 Crore

Long-Term Aerospace Collaboration Announced

New Order Secured

Avantel Limited has received a significant purchase order worth Rs 5.81 crore (excluding taxes) from Satish Dhawan Space Centre – SHAR, ISRO. The order, received via mail on February 4, 2025, is for the Comprehensive Annual Maintenance Contract (CAMC) of Wind Profiler Radar and is set to be executed by January 2030.

Company Overview

Avantel Limited specializes in wireless and satellite communication products, defense electronics, radar systems, and network management software applications. The company primarily serves the aerospace and defense sectors, designing and maintaining advanced communication solutions.

Key Business Segments

• SATCOM Solutions: Avantel provides customized solutions for INSAT-based mobile satellite services for military applications. The company has developed a cost-effective tracking solution for Indian Railways' rolling stock.
• Wireless Communication: The company develops radar subsystems, software-controlled radios, and RF front-end units for military communication.
• Software Development: Avantel offers services in embedded systems, electronic design, visual simulation, GIS services, and multimedia solutions.

Revenue and Market Reach

In FY24, Avantel generated 100 per cent of its revenue from strategic equipment sales, with exports contributing approximately nine per cent of total revenue. The company exports its products to two countries.

Clientele

Avantel has a strong client base that includes Indian Defense Forces, DRDO, ISRO, DPSUs, shipyards, ordnance factories, and Indian Railways. It also serves private sector players such as L&T and NewSpace India Limited.

Established Market Position

With over two decades of experience in electronics and telecom equipment, Avantel has built a niche in embedded systems and RF systems for both defense and civilian telecom segments.

Strong Order Book

Avantel has a robust pipeline, including a supply order from NSIL, ISRO, for 30,000 MSS terminals for shipping boats in FY25. The company is also developing HF systems, Ku-band terminals, and multi-band airborne Software Defined Radios (SDRs).

Additionally, Avantel’s wholly owned subsidiary Imeds, which focuses on medical solutions, is in the consolidation phase, with ventilators, patient monitors, CPAP, BiPAP, and portable oxygen concentrators in advanced development stages. The company plans to apply for certification in FY25.

With continued focus on defense and aerospace, Avantel remains well-positioned for growth, driven by strong government contracts and ongoing innovation.

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Disclaimer: The article is for informational purposes only and not investment advice.