<p>New Delhi: An Indian defence firm has signed an MoU with an Israeli company to bring advanced drone camera technology to the country, officials said on Thursday.</p><p>The pact has been inked between Paras Defence and Space Technologies and MicroCon Vision of Israel, part of Controp and the Rafael Group, an official statement said.</p>.Flying of drones, paragliders banned in Mumbai for one month.<p>The collaboration will position Paras Defence as the exclusive supplier of advanced drone camera technology in India at "much lower cost", it said.</p><p>The Indian firm will bring indigenous content in these drone cameras and intelligence, surveillance and reconnaissance (ISR) payloads, improving the country's self-reliance while lowering costs, the statement said.</p><p>It will offer two models, whose usual import price is "around Rs 20 lakh and Rs 40 lakh per unit", the statement said.</p><p>Paras Defence "anticipates 50-60 per cent price reduction for each model", making advanced surveillance technology more accessible to Indian defence forces and for commercial applications.</p><p>"MicroCon will serve as Paras Defence's exclusive supplier for drone cameras, which include ISR payloads and electro-optical/infrared (EO/IR) seekers, while Paras Defence becomes MicroCon's exclusive partner for ISR operations in India.</p><p>"This aligns with MicroCon's strategy to expand its footprint in the country, which is witnessing accelerated growth in its drone market," the statement said.</p><p>"This collaboration represents a major leap forward in India's defence capabilities," the statement quoted Munjal Sharad Shah, managing director at Paras Defence, as saying.</p><p>"We are committed to supporting India's strategic goals and are proud to partner with MicroCon in this groundbreaking endeavour," Shah added.</p><p>The MoU is focused on expanding both the companies' presence in the Indian ISR payload market.</p><p>The integration of advanced technologies such as AI-powered analytics, high-resolution imaging, and thermal vision will enhance surveillance capabilities, improving operational efficiency in both defence and civilian sectors, it said.</p><p>"MicroCon is committed to delivering cutting-edge ISR payloads that drive the future of defence and surveillance systems," Chen Almog, CEO of MicroCon, was quoted as saying in the statement.</p>
<p>New Delhi: An Indian defence firm has signed an MoU with an Israeli company to bring advanced drone camera technology to the country, officials said on Thursday.</p><p>The pact has been inked between Paras Defence and Space Technologies and MicroCon Vision of Israel, part of Controp and the Rafael Group, an official statement said.</p>.Flying of drones, paragliders banned in Mumbai for one month.<p>The collaboration will position Paras Defence as the exclusive supplier of advanced drone camera technology in India at "much lower cost", it said.</p><p>The Indian firm will bring indigenous content in these drone cameras and intelligence, surveillance and reconnaissance (ISR) payloads, improving the country's self-reliance while lowering costs, the statement said.</p><p>It will offer two models, whose usual import price is "around Rs 20 lakh and Rs 40 lakh per unit", the statement said.</p><p>Paras Defence "anticipates 50-60 per cent price reduction for each model", making advanced surveillance technology more accessible to Indian defence forces and for commercial applications.</p><p>"MicroCon will serve as Paras Defence's exclusive supplier for drone cameras, which include ISR payloads and electro-optical/infrared (EO/IR) seekers, while Paras Defence becomes MicroCon's exclusive partner for ISR operations in India.</p><p>"This aligns with MicroCon's strategy to expand its footprint in the country, which is witnessing accelerated growth in its drone market," the statement said.</p><p>"This collaboration represents a major leap forward in India's defence capabilities," the statement quoted Munjal Sharad Shah, managing director at Paras Defence, as saying.</p><p>"We are committed to supporting India's strategic goals and are proud to partner with MicroCon in this groundbreaking endeavour," Shah added.</p><p>The MoU is focused on expanding both the companies' presence in the Indian ISR payload market.</p><p>The integration of advanced technologies such as AI-powered analytics, high-resolution imaging, and thermal vision will enhance surveillance capabilities, improving operational efficiency in both defence and civilian sectors, it said.</p><p>"MicroCon is committed to delivering cutting-edge ISR payloads that drive the future of defence and surveillance systems," Chen Almog, CEO of MicroCon, was quoted as saying in the statement.</p>