Hindustan Aeronautics Limited (HAL) has signed a Memorandum of Understanding (MoU) with SASMOS to jointly work on advanced electronics, electrical and fibre optic interconnections in the aerospace domain. The MoU was signed between the two companies on the 11th of March. HAL’s subsidiary Naini Aerospace Limited (NAeL) was also a signatory to the MoU, SASMOS said in a statement.
- Cupid Hits Fresh 52-Week High on Rs 128 Crore Block Deal
- Ather Energy Slips Despite $200 Million Fundraise Buzz
- Shyam Metalics Slips Even as Q1 Volumes Surge
- Unihealth Hospitals Shares Hit 5% Upper Circuit on Plans to Raise StakeΒ
- Oswal Pumps, Shakti Pumps Rally on Solar Order Wins
βThe MoU is planned to explore business cooperation, especially in northern India, via the use of capacity and capabilities of NAeL to get their expertise in fibre optics, electronics and interconnected electrical system in the aerospace domain via the support from HAL and SASMOSβ it added.
Live
