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Nibe Limited has entered a Technical Collaboration Agreement with Israel's Elbit Systems Land. This deal involves transferring license and technology for the Precise & Universal Launch System (PULS), an advanced artillery rocket system capable of 300 km precision range. Nibe will design, develop, and manufacture PULS in India, leveraging Elbit's expertise for assembly and integration. This strategic move significantly enhances Nibe's capabilities within India's growing defense manufacturing sector. The financial terms of the collaboration will be finalized within 45 days.