FilingReader Intelligence

Aerpace Industries receives UAE defence drone letter of intent

August 20, 2025 at 03:59 AM UTCBy FilingReader AI

Aerpace Industries Limited announced its UAE subsidiary received a letter of intent from a prominent UAE defence company on August 19, 2025, following evaluation of Aerpace's advanced defence drone portfolio.

UAE authorities plan to visit India for live demonstrations. Subject to successful demonstrations, the UAE entity intends to procure Aerpace defence drones.

The UAE company's name remains undisclosed due to confidentiality agreements. Aerpace released a test video of a defence drone prototype to address shareholder concerns about progress visibility.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:AERPACEBombay Stock Exchange

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