Shares of Brightcom Group Ltd gained 2.14% to ₹15.30 on Tuesday, after the company announced that its defence division has signed a Memorandum of Understanding (MoU) with Close Quarters Tactical (CQT) Weapon Systems, LLC, a reputed U.S.-based defence manufacturer.

Strategic partnership for Brightcom Defence

The collaboration marks a crucial milestone for Brightcom Defence, launched in August 2025 to focus on AI-powered aerospace intelligence and autonomous defence technologies.

CQT Weapon Systems is known for its mission-ready rifles, components, and tactical hardware. Under the MoU, Brightcom will integrate its AI-driven platforms with CQT’s precision-engineered weaponry to deliver deployable next-gen defence solutions.

The partnership is expected to accelerate Brightcom’s innovation roadmap, which includes:

  • Swarm coordination systems

  • Intelligent threat response platforms

  • Integration of AI with advanced weapon systems

Market reaction

The stock opened higher and traded in a narrow range of ₹15.20 – ₹15.45, with a market cap of ₹30,980 crore and average volume of over 17 million shares.

This marks another step in Brightcom’s diversification push beyond digital and media businesses, positioning the company as a serious player in AI-led defence solutions for global markets.