Sansera Engineering Limited — Updates, 01-04-2025: Press Release

MMRFIC Technology Private Limited, an associate company of Sansera Engineering Limited, has formed a strategic collaboration with the Indian Institute of Technology Madras (IITM) under a five-year Memorandum of Understanding (MoU) to develop a RISC-V based Secure System on Chip (SoC). This initiative is aligned with the Government of India's objectives. The partnership will leverage the expertise and resources of both organizations to build and test the Secure SoC, incorporating ITM’s hardware and MMRFIC’s indigenously developed cryptographic accelerators. MMRFIC specializes in mm-Wave and RF products for sectors such as Defense and Healthcare, aiming to innovate in processor technology, including the use of machine learning for applications in radar and IoT health solutions. This collaboration represents a significant step towards enhancing indigenous technological capabilities and could lead to future advancements in secure communications and computational processes. Investors should monitor this development for its potential implications on growth and market competitiveness.