Apollo Micro Systems Limited has been awarded a Make-II Prototype Sanction Order (PSO) by the Indian Navy, as disclosed in a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The project involves the design, development, and prototype demonstration of the Semi-Submersible Autonomous Vessel for Intelligence, Operations and Reconnaissance (SAVIOR-ASW) under the Make-II category. SAVIOR-ASW is described as an unmanned, semi-submersible maritime platform designed for persistent Anti-Submarine Warfare (ASW) surveillance.
Technical Capabilities
The system is capable of autonomous operations for extended durations using:
- Advanced acoustic sensors
- AI/ML-based target classification
- Encrypted multi-channel communication systems
Contract Terms
Under the Make-II category, there is no cost obligation on the Government during the prototype development phase. The Government has committed to procurement upon successful demonstration of the prototype.
Strategic Significance
The Company describes this as a "prestigious and landmark order" marking its formal entry into the domain of autonomous maritime and underwater warfare systems. The technologies being developed are stated to be state-of-the-art, highly futuristic, and fully aligned with the Government of India's Atmanirbhar Bharat initiative for self-reliance in defence manufacturing.
Management Commentary
The Board of Directors and Management consider this award a "defining milestone" in the Company's growth journey, underscoring its technological capabilities, execution excellence, and expanding strategic role in India's critical Defence technology ecosystem, particularly in advancing Naval Maritime Warfare capabilities.
Financial Impact
No specific financial value or quantification of the contract size is disclosed in the announcement. The disclosure emphasizes that this is in the ordinary course of business.