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Data Patterns forges tech transfer partnership with ISRO's IN-SPACe
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Data Patterns forges tech transfer partnership with ISRO's IN-SPACe
Oct 17, 2023 7:26 AM

Data Patterns, on October 16 said it has entered into a licensing and transfer of technology agreement with an independent nodal agency, the Indian National Space Promotion and Authorisation Centre (IN-SPACe)

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IN-SPACe operates as an autonomous body under the Department of Space, a crucial entity in India's space endeavours.

Also Read:

Startup Street | iSprout secures Rs 40 cr funding, eyes sizeable share in premium managed space market

The partnership will provide Data Patterns with the capability to develop miniature Synthetic Aperture Radar (SAR) technology. SAR radar, which stands for synthetic aperture radar, is a sophisticated imaging technology employed in various applications, including remote sensing and military surveillance.

SAR technology is capable of gathering data throughout the day and even at night and generating high-resolution images from space.

Share of Data Patterns India, which develops defence and aerospace electronic systems, jumped 6% to the day’s high of Rs 2,120 on the BSE on October 17.

Data Patterns works in close coordination with defence companies such as Hindustan Aeronautics and Bharat Electronics. it also works closely with government organisations like DRDO and ISRO that are involved in defence and space research.

Also Read: Data Patterns envisions a strong FY24 with an anticipated 35-40% revenue growth

For more details, watch the accompanying video

Also, catch all the live updates on markets with CNBC-TV18.com's blog

(Edited by : Shweta Mungre)

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