Paras Defence and Space Technologies Limited has entered into a strategic Memorandum of Understanding (MoU) with Israel-based Cielo Inertial Solutions Ltd (CIELO), a global technology leader in inertial navigation and sensing systems. CIELO specializes in designing and manufacturing advanced Closed Loop Fiber Optic Gyros (FOGs), Inertial Measurement Units (IMUs), GyroCompasses, North Finding Systems, and Inertial Navigation Systems (INS).
Under this MoU, Paras Defence and CIELO will work together to explore and develop business opportunities in India, focusing on the adaptation, marketing, sales, and indigenous production of Inertial Sensors and Closed Loop FOG-based solutions.
This partnership aims to leverage CIELO’s technological expertise and Paras Defence’s strong manufacturing and integration capabilities to cater to the growing demand for high-precision navigation and guidance systems in the Indian defence and aerospace sectors.
