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Zen Technologies has received order from Egypt’s Defence Ministry

Zen Technologies’ shares rose over receiving a Rs 42 crore export order.

Zen Technologies Limited which is a Hyderabad based simulation technology solutions company, announced that it has got its biggest export order till date of about Rs 30 crore from Egypt.

According to company, the Ministry of Defence (MoD), Egypt, has chosen Zen Technologies for providing a range of training equipment including Smart Target Systems.

Ashok Atluri, chairman and managing director of Zen Technologies has said that “Zen Technologies has over the years emerged as a strong player in the field of defence training simulation in India and it has been our endeavour to expand our presence abroad-specifically Middle East and African region. The order from the Egyptian Government is a reflection of our commitment towards providing the best training tools to security forces to tackle and neutralise both external and internal threats.”

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