AXISCADES signs space deal at Embassy of France

French President Emmanuel Macron
| Picture Credit score:
ANI

AXISCADES Applied sciences Restricted signed an settlement at the Embassy of France in New Delhi on Wednesday to reinforce India’s functionality in Space Situational Consciousness, coinciding with French President Emmanuel Macron’s state go to to India.

The signing ceremony befell within the presence of Eléonore Caroit, Minister Delegate to the Minister for Europe and International Affairs, who was half of Macron’s official delegation. The settlement was signed with French agency Aldoria, a space surveillance firm.

Shares of AXISCADES rose 2.36 per cent to ₹1,509.40 on the Nationwide Inventory Trade by early afternoon on Wednesday, touching an intraday excessive of ₹1,535.00, towards a earlier shut of ₹1,474.60.

AXISCADES Applied sciences, previously AXISCADES Engineering Applied sciences Restricted, is a Bengaluru-headquartered aerospace and defence expertise firm with over 3,000 professionals working throughout 17 places globally, together with workplaces in France, Germany, Denmark, the USA, and Canada. The corporate supplies end-to-end expertise options throughout the Aerospace, Defence, and ESAI sectors.

The deal underscores a broader push by each India and France to deepen bilateral cooperation within the space and defence sectors. Space Situational Consciousness is the power to trace, monitor and predict the motion of objects in orbit has grow to be an more and more strategic precedence for nations as satellite tv for pc site visitors and space particles proliferate in low Earth orbit.

AXISCADES has present relationships with Indian defence forces, the Ministry of Defence, defence laboratories and public sector undertakings, together with international authentic tools producers. The corporate’s defence portfolio spans weapon techniques, avionics, radar, digital warfare, drones and anti-drone techniques.

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Printed on February 25, 2026