Strategic Initiative: IPREK Programme Empanelment

Apollo Micro Systems Limited has been formally shortlisted and empanelled by the Indian Air Force as a Prime Development Agency for the Indigenous Precision Range Extension Kit (IPREK) programme under the Make-II (Industry Funded) category of India's Defence Acquisition Procedure 2020 (DAP-2020).

Programme Details

  • Award Type: Make-II Development Agency Empanelment
  • Programme: IPREK — Indigenous Precision Range Extension Kit
  • Client: Indian Air Force / Ministry of Defence
  • Procurement Category: Make-II (Industry Funded) under DAP-2020

Technical Specifications of IPREK

  • Converts General Purpose (GP) 500 Kg unguided bombs into precision glide weapons
  • Range: 80–100 kilometres standoff release capability
  • Accuracy: Within 3 metres of intended target
  • Navigation Systems: Integrates India's indigenous NavIC (IRNSS) satellite navigation
  • Guidance Systems: Electro-Optical (EO) and Infrared (IIR) terminal guidance for day/night precision
  • Additional Capability: DSMAC (Digital Scene Matching) terminal guidance for GPS-denied operations

Strategic Significance

  • Marks AMS's entry into India's precision guided munition (PGM) segment as a Prime developer
  • Reduces India's import dependency for precision guided munitions
  • Transforms IAF's existing bomb inventory into strategic assets
  • Provides force-multiplier capability by keeping carrier aircraft safe from air defences
  • Represents one of the highest-value, highest-barrier segments of Indian defence manufacturing

Market Opportunity and Scale

  • Initial Procurement: 500+ IPREK units in initial procurement phase
  • Market Size: Estimated ₹20,000+ Crore India PGM import substitution opportunity over 10 years
  • Global Market: Estimated $10 Billion global autonomous and precision weapon systems market by 2032
  • Defence Spending: ₹79,000 Crore defence spending package cleared by DAC 2025, with precision weapons as top priority

Financial and Strategic Implications

  • Creates durable, multi-year revenue opportunity with strong margin characteristics
  • Potential for expansion across all IAF platforms and future requirements
  • Positions AMS for subsequent precision weapon programmes for Indian Army and Navy
  • Supports India's defence export ambitions to friendly nations

Indigenous Capabilities

  • IP Ownership: AMS owns 100% of IPREK GNC software, flight computer, and integration architecture
  • NavIC Integration: One of the first weapon systems to use Indian satellite constellation at core
  • Certifications: CEMILAC-certified airworthiness credentials
  • Track Record: 41-year history of indigenous design and delivery to DRDO and Indian Armed Forces
  • Collaboration: Long-standing collaboration with DRDO with foundational knowledge sharing

Management Commentary

Mr. Baddam Karunakar Reddy, Managing Director, stated: "The Indian Air Force's selection of Apollo Micro Systems as a Development Agency for IPREK is one of the most defining moments in our company's history. We have spent decades building the indigenous capability to win a programme like this — guidance systems, electro-optical seekers, NavIC navigation, airborne certification. IPREK is the convergence of all of it into a single, sovereign capability that India is building for itself."

Future Pipeline

  • Guided rocket kits for the Army
  • Precision weapons for the Navy
  • Expansion of defence export ambitions
  • IPREK serves as foundation for future Indian precision weapon programmes

Company Background

Apollo Micro Systems Limited specializes in design, development, and manufacture of advanced electronic, electro-mechanical, and engineering systems for India's Armed Forces. The company holds a valid Defence Industrial Licence, is certified to AS9100 Rev D (Aerospace Quality), and has delivered mission-critical systems to DRDO and Indian Armed forces.

Important Notes

  • Empanelment does not constitute a firm order or commercial contract
  • Revenue will accrue only upon issuance of formal Project Sanction Order (PSO) and subsequent commercial procurement contract
  • Market estimates are indicative and based on publicly available information
  • Actual programme values subject to Government procurement decisions