AXISCADES Technologies Limited has announced that its subsidiary, Mistral Solutions Private Limited, has secured pilot contracts with two of the world’s largest hyperscalers. While modest in scale, these contracts mark a significant milestone for the company, opening the door to annuity revenue streams and long-term growth opportunities.
The contracts involve the development of production line testing equipment for global contract manufacturers supporting one hyperscaler, and the creation of development test apparatus for audio products linked to the other. The initial estimated value of this pilot program stands at around USD 1 million.
To support the execution of these projects, AXISCADES is investing in advanced infrastructure in Bangalore. This includes setting up an Acoustic Lab and a 3D printed PCB prototype facility. The company is also establishing a front-end engineering team in the United States to strengthen its international presence and enhance delivery capabilities.
The design and development phase of these contracts is expected to be completed within 6 to 18 months. Importantly, the orders have been secured from international clients, with no related-party involvement.
