Apollo Micro Systems Limited (APOLLO)
Press Release
Apollo Micro Systems empanelled by Indian Air Force as Prime Development Agency for IPREK, an indigenous precision guided munition kit converting 500 kg unguided bombs into long-range precision weapons with 80-100 km range and 3-m accuracy.
- IPREK integrates India's NavIC satellite navigation and advanced guidance tech.
- Initial procurement phase includes 500+ units; multi-year revenue opportunity.
- Estimated ₹20,000 Cr import substitution over 10 years in India's PGM market.
- AMS owns 100% IPREK software and architecture, enabling leadership in future precision weapon programs.
Source: Original filing PDF
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