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Zen Technologies’ Shares Surge 5% After Launching Advanced AI-Powered Defense Products

Zen Technologies launched four new AI-powered defense products. This has increased its share prices by 5%. The innovations include advanced anti-drone systems, lightweight weapon stations, automated quadrupeds and stabilised sights.

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Zen Technologies’ Shares Surge 5% After Launching Advanced AI-Powered Defense Products

Zen Technologies' Shares Surge 5% After Launching Advanced AI

On July 15, 2024, Zen Technologies announced the launch of four new defense products. These products also included AI-powered robots. This announcement led to a 5% increase in the Sen Technologies’ share price.

Collaboration with AI Turing Technologies

The new products were developed in collaboration with AI Turing Technologies. It is Zen’s subsidiary. The products include Hawkeye, Barbarik-URCWS (Ultralight Remote Control Weapon Station), Prahasta and Sthir Stab 640.

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Hawkeye: Advanced Anti-Drone System

Hawkeye is an advanced anti-drone system with multiple sensors for all-weather tracking. It can detect drones up to 15 kilometres away. This provides continuous threat detection and enhanced security.

Barbarik-URCWS: Lightweight Weapon Station

Barbarik-URCWS is the world’s lightest remote-controlled weapon station. It offers precise targeting for ground vehicles and naval vessels, improving battlefield effectiveness while reducing risk to personnel. It performed well in recent firing trials at Infantry School Mhow and Armoured School Ahmednagar.

Prahasta: Automated Quadruped for Defense

Prahasta is an automated quadruped that uses LIDAR and reinforcement learning for real-time 3D terrain mapping. It can be armed with various caliber weapons. It is designed to support commandos in critical operations. They were used during the 26/11 Mumbai terror attacks.

Sthir Stab 640: Rugged Stabilised Sight

The Sthir Stab 640 is a stabilised sight designed for armoured vehicles, boats and infantry combat vehicles (ICVs). It features an intelligent fiber optic gyro-stabilised system. It also provides exceptional situational awareness with automatic search and tracking capabilities.

Significant Advancements in Autonomous Defense

Ashok Atluri, Managing Director and Chairman of Zen Technologies, showed the importance of these innovations. He stated that the new products mark a significant advancement in autonomous defense operations. He aimed to raise awareness about integrating advanced robotics into combat missions.

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Stock Performance

Despite the recent dip, Zen Technologies shares have shown impressive growth. It gained 70.13% in the past six months and 113% over the past year.

These new products demonstrate Zen Technologies’ commitment to advancing defense technology. By this they are expanding their offerings to current and future clients.


Disclaimer

The content of this article is only for informational purposes and we do not offer any investment advice from our end. Please consult a SEBI-registered investment advisor before making any investment decision. The information does not necessarily reflect the views/opinions of the publisher.


About the Author 

Mr. Radhesh Tarang Shah, is a management student at Institute of Management, Nirma University. He has a passion for writing articles and poems. He has experience as a financial analyst, author, news writer, marketer and social worker.

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