Apollo Micro Systems drew focus after securing a key Industrial Explosives and Manufacturing License from the DPIIT. This approval allows the Hyderabad-based defence and engineering firm to produce critical strategic defence equipment, strengthening its eligibility for Ministry of Defence contracts.
The approval marks a milestone for Apollo Micro Systems, signalling strong support for India’s expanding defence manufacturing sector.
Market Reaction: Shares See Uptick
In today’s trading session, Apollo Micro Systems shares rose 3%, reflecting investor confidence in the company’s growth prospects following the license grant.
- Intraday high: ₹276.35
- 52-week low: ₹92.50 (December 2024)
- 52-week high: ₹354.65 (September 2025)
- One-year gains: 169%
- Past six months: 38% rise
The stock’s performance highlights its multibagger potential, with substantial growth observed over the last year despite short-term fluctuations.
License Enables Strategic Defence Manufacturing
The newly granted DPIIT license covers three critical categories of defence equipment:
- Unmanned Aerial Systems (UAS/Unmanned Helicopters)
- Inertial Navigation Systems (INS)
- Integrated Radar Systems
The license is valid for 15 years, providing long-term regulatory clarity for Apollo Micro Systems’ expansion plans in strategic defence technologies.
The company is actively developing:
- Logistics-focused UAVs and offensive/attack-class unmanned systems for field trials in the next two quarters
- High-precision navigation technologies, including MEMS-based INS units, Fiber Optic Gyro (FOG), and Ring Laser Gyro (RLG) solutions
- Complete radar systems covering transmit-receive modules, signal processors, antennas, and associated subsystems
These technologies are crucial for modern defence applications, including drones, missiles, and aircraft systems.
Strategic Boost for Defence Manufacturing Ambitions
The license positions Apollo Micro Systems as a key player in India’s rapidly growing defence manufacturing ecosystem.
- Aligns with government initiatives promoting indigenization under ‘Atmanirbhar Bharat.’
- Strengthens the capability to supply high-technology equipment to the armed forces
- Supports ongoing collaborations with domestic and international partners for advanced defence platforms
With regulatory clearance and strategic partnerships, Apollo Micro Systems is set to accelerate product development and expand its order pipeline in high-priority defence segments.
Summary: Apollo Micro Systems’ Growth Path
Apollo Micro Systems’ license approval has strengthened its footprint in India’s defence sector. With operational clarity for 15 years, the company is now positioned to scale production of UAS, INS, and radar systems while tapping opportunities from the Ministry of Defence.
Key Highlights:
- License granted: Industrial Explosives & Manufacturing License by DPIIT
- Validity: 15 years
- Stock rise: 3% to ₹276.35 intraday
- 52-week range: ₹92.50 – ₹354.65
- Key products: UAVs, INS, Radar Systems
- Growth focus: Strategic defence contracts, indigenization, technology development
Apollo Micro Systems’ ongoing projects and license-backed expansion underline its role as a rising force in India’s defence manufacturing ecosystem.
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