Friday , Sept. 20, 2024, 5:08 a.m.
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Business / Mon, 15 Jul 2024 CNBCTV18

Zen Technologies shares in 5% upper circuit post launch of four defence products, AI-powered robots

NSEZen Technologies on Monday, July 15, said it has introduced AI-powered robots and launched four defence products.The products were launched in collaboration with the company's subsidiary AI Turing Technologies. The new IP-owned, defence products for global security include Hawkeye, Barbarik-URCWS (Ultralight Remote Control Weapon Station), Prahasta, and Sthir Stab 640.The company said it empitomises a state-of-the-art anti-drone system camera. It encompasses an intelligent fiber optic gyro-stabilised system and delivers exceptional situational awareness with automatic search and tracking capabilities. "We believe the launch of these products will raise awareness around the need to integrate advanced robotics into combat reconnaissance missions. Our self-funded products will further enable Zen to offer an expanded range of cutting-edge technologies to both, current and prospective clients," he said.Zen Tech shares ended 1.93% lower at ₹1,296.1 apiece on Friday.

NSE

Zen Technologies on Monday, July 15, said it has introduced AI-powered robots and launched four defence products.The products were launched in collaboration with the company's subsidiary AI Turing Technologies. The new IP-owned, defence products for global security include Hawkeye, Barbarik-URCWS (Ultralight Remote Control Weapon Station), Prahasta, and Sthir Stab 640.The company said it empitomises a state-of-the-art anti-drone system camera. It features multiple sensor detection modules for all-weather drone tracking up to 15 km and ensures continuous threat detection and enhanced security.It is the lightest remote-controlled weapon station in the world, offering precise targeting capabilities for ground vehicles and naval vessels, maximising battlefield effectiveness while minimising personnel risk. It performed well at the recent firing trials at Infantry School Mhow and Armoured School Ahmednagar, the company said.It is an automated quadruped that uses LIDAR and reinforcement learning to understand and create real-time 3D terrain mapping for mission planning, navigation and threat assessment. The quadruped can be armed with various caliber weapons like 9mm, 5.56mm and 7.62mm. It can also be used as the first line of defence for commandos during CI operations such as the 26/11 Mumbai terror attacks.It is a rugged stabilised sight designed primarily for armoured vehicles, boats and ICVs. It encompasses an intelligent fiber optic gyro-stabilised system and delivers exceptional situational awareness with automatic search and tracking capabilities. The sight can be used in different weapeons such as 12.7 mm, 7.62 mm, 20 mm and 30 mm.The company's managing director and chairman Ashok Atluri said the recent innovations represent a significant advancement in autonomous defence operations. "We believe the launch of these products will raise awareness around the need to integrate advanced robotics into combat reconnaissance missions. Our self-funded products will further enable Zen to offer an expanded range of cutting-edge technologies to both, current and prospective clients," he said.Zen Tech shares ended 1.93% lower at ₹1,296.1 apiece on Friday. The stock has gained 70.13% in the past six months and 113% in the past year.

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