Shares of Zen Technologies hit the upper circuit, rallying 5% to ₹1,362 on July 15, after the company announced the introduction of AI-powered robots and the launch of four new defense products.
Zen Technologies revealed that the new products were developed in collaboration with its subsidiary, AI Turing Technologies. The new IP-owned defense products for global security include Hawkeye, Barbarik-URCWS (Ultralight Remote Control Weapon Station), Prahasta, and Sthir Stab 640.
As of 12:30 PM, the shares were trading 5% higher at ₹1,360.95 on NSE.
Here’s a brief overview of each product:
Hawkeye: A cutting-edge anti-drone system with sensors that track drones up to 15 km in all weather conditions, ensuring continuous threat detection and enhanced security.
Barbarik-URCWS: The world’s lightest remote-controlled weapon station, providing precise targeting for ground and naval vehicles. It enhances battlefield effectiveness with minimal risk to personnel and excelled in recent firing trials.
Prahasta: An automated quadruped using LIDAR and reinforcement learning for real-time 3D terrain mapping, mission planning, navigation, and threat assessment. Armed with weapons like 9mm, 5.56mm, and 7.62mm, it serves as a frontline defense tool during attacks.
Sthir Stab 640: A rugged stabilized sight designed for armored vehicles, boats, and ICVs, featuring a smart gyro-stabilized system that enhances situational awareness and supports various weapons.