Bengaluru, May 4 (PTI) Defence PSU BEL, Metamind Systems Private Ltd and Kristellar Aerospace Private Ltd on Monday signed a tripartite MoU here for co-operation and co-development of future-ready products and technologies for both defence and non-defence segments.
The MoU aims to leverage their complementary strengths in business facilitation and technological innovation, BEL said, in a statement.
While Metamind is an Indian technology firm specialising in AI-driven data analytics and digital transformation solutions, Kristellar is a next-generation Indian Aerospace & Defence technology startup engaged in the design, development and manufacture of mission-critical products,systems and solutions in Aerospace and Defence technologies.
"By combining BEL’s manufacturing capabilities and marketing outreach, Metamind’s expertise in strategic government relations, project governance and operational management, and Kristellar’s advanced R&D capabilities and systems engineering, the collaboration will enhance competitiveness, mitigate execution risks and ensure the delivery of scalable, future-ready solutions, thereby maximising the long-term value and success of projects undertaken," BEL said in the statement.
According to BEL, with the objective of strengthening indigenous capabilities and supporting the Government of India’s Make in India initiative, the companies aim to cooperate in areas such as advanced technology development, manufacturing, and the supply of aerospace and defence systems, electronic modules, and sub-systems.
These include cyber security, mass manufacturing of semiconductor technologies, data centres, and other products, systems, and solutions for Indian defence and non-defence segments.
The collaboration will also promote the Atmanirbhar Bharat mission and enhance the export potential of "Make in India" products and integrated systems, they added.