Apollo Micro Systems completed 100% acquisition of IDL Explosives, gaining strategic licenses for HMX/TNT manufacturing and access to mining markets.
Company transitioned to Original Equipment Manufacturer with DPIIT licenses for UAVs, missiles, torpedoes, and counter-drone systems across land, air, and sea domains.
FY26 highlights include successful fund raise, greenfield expansion in Telangana, first export order, and tri-party alliance with Indian Navy and IIT-Chennai.
Company outlined Vision FY2036 to become global OEM with diversified revenue across defence domains, riding Atmanirbharta and global defence spending tailwinds.