Lucknow: Navratna defence PSU Bharat Electronics Limited (BEL) and Newspace Research & Technologies Limited (NRT), a Bangalore-based startup company, have entered into a memorandum of understanding (MoU) to co-operate in the design, development, manufacturing, integration, testing and supply of unmanned systems, swarm technologies, stratospheric platforms and related payloads, and to provide lifetime support to the Indian defence forces and non-defence customers.
The MoU will enable BEL to make joint efforts with NRT to seize opportunities in the unmanned systems and related domains in both Indian as well as global markets. The MoU is part of BEL's enhanced efforts to engage with technologically promising startups like NRT and contribute to the cause of building a strong startup eco-system in India.
The MoU has been signed during the ongoing defence exhibition, 'DefExpo-2020," in Lucknow from February 5 to February 9. The event was formally inaugurated by Prime Minister Narendra Modi. During the event, BEL also entered into MoUs with various companies.
Newspace & Research Technologies (NRT) is a start-up technology company engaged in research and development of several aerospace-related systems and solutions. The capabilities of NRT are in the areas of unmanned air systems, collective robotics, GPS denied operations, augmented reality, virtual reality, machine learning, artificial intelligence, stratospheric platforms, etc.