Apollo Micro Systems Limited — Important, 11-09-2025: Updates

Apollo's subsidiary ASTPL forged an MoU with Dynamic Engineering (USA) for tech transfer and co-production of BM-21 Grad Rocket Motors. This crucial step, combined with in-house warhead development, aims to deliver fully indigenous rocket systems. The move bolsters India's defense self-reliance and Apollo's market position, targeting full production by mid-2026.