Sansera Engineering Limited announces that its associate company, MMRFIC Technology Private Limited, has received an award from iDEX Prime X Challenge for "200-Watt Ka band Solid State Power Amplifier (SSPA) for Satellite Ground Station. The scheme was launched by Defence Space Agency (DSA), under the Aegis of Department of Defence Production (DDP), Ministry of Defence, Government of India. As per the scheme, MMRFIC is eligible for a grant amount of Rs. 10 crores under this award.
Commenting on the development Mr. Saravana G Founder, CEO & CTO, MMRFIC Technology Private Limited said, "I am delighted to share that MMRFIC has emerged as a proud winner of the iDEX Prime X Challenge by the Defence Space Agency (DSA) for developing 200-Watt Ka-band Solid State Power Amplifier (SSPA) for Satellite Ground Stations. This innovative solution, currently under development, is designed to address opportunities in the satellite space. This award is aligned with continuous initiatives taken towards Indian Government's Atmanirbhar Bharat programs.
The scheme/ challenge launched under IDEX "Prime" enables a Grant amount of 50% of the product development budget with a maximum cap of Rs. 10 Crores.
Pursuant to this MMRFIC Technology will indigenously design and develop a full integrated SSPA Module that will be used in existing and upcoming Satellite Ground Station Transmitters operating in Ka Band. With the growing number of Phased Array Systems used for satellite communication, this Module is pivotal to each transmitter that fit into such systems.
This award underscores our established expertise in providing cutting-edge mm-Wave technology products and solutions, complemented by the expert guidance and experience offered by Sansera. With our resolute focus and continuous investments in R&D, we strive to continuously develop our capabilities and deliver exponential growth."
Shares of Sansera Engineering Ltd was last trading in BSE at Rs. 1486.25 as compared to the previous close of Rs. 1455.15. The total number of shares traded during the day was 1944 in over 337 trades.
The stock hit an intraday high of Rs. 1495.00 and intraday low of 1456.45. The net turnover during the day was Rs. 2880597.00. |
