AVANTEL.NSE

Avantel Ltd

Avantel Limited ( ($IN:AVANTEL) ) has issued an announcement. Avantel Limited has submitted to Indian stock exchanges a Monitoring Agency Report fo...

Avantel Limited ( ($IN:AVANTEL) ) has issued an update. Avantel Limited has disclosed that it has secured a domestic manufacturing order worth Rs 1...

Avantel Limited ( ($IN:AVANTEL) ) has shared an update. Avantel Limited has announced the inauguration of a new state-of-the-art facility in E-City...

The company has secured its fourth order win this month, a ₹12.51 crore satcom contract from Bharat Electronics.

Avantel Limited has received a purchase order worth 17.7 crore from Bharat Electronics Limited, further strengthening its commitment to Indias self-reliance in the aerospace and defence sectors. The contract entails the supply, installation, and commissioning of 01 KW HF Software Defined Radios (SDRs) for ground and aerospace applications. The order is to be executed by 20th September 2028, and a significant term of the contract includes a Performance Bank Guarantee of 3%. Through this collaboration, Avantel continues to support the Make in India and Atmanirbhar Bharat initiatives, contributing to national security while fostering growth within the domestic defence industry. Bharat Electronics Limited, a Central Public Sector Undertaking under the Ministry of Defence, Government of India, manufactures state of art electronic products and systems for Indian Armed Forces. Siddhartha Abburi, Director, Avantel Limited , stated, We are privileged to collaborate with Bharat Electronics Limited on this significant order, which reinforces our shared vision of strengthening Indias indigenous defence capabilities.

Avantel Limited has received an order with Goa Shipyard Limited (GSL) valued at Rs. 11.37 crores, reinforcing its commitment to Indias self-reliance in the defence sector. The contract entails the supply, installation, and commissioning of Satcom equipment on GSLs new ships under supply to the Indian Navy that will enhance the communication infrastructure across Indias maritime defence ecosystem. Avantel, through its efforts, remains committed to the Make in India and Atmanirbhar Bharat initiatives, thereby supporting national security requirements while driving growth within the domestic defence industry. Furthermore, Goa Shipyard, a Central Public Sector Undertaking under the administrative control of the Ministry of Defence, Government of India, is a shipyard on India's West Coast, functioning under the Ministry of Defence, and known for designing and building vessels for the Indian Navy, coast guard, and other customers, including commercial vessels. The shipyard aims to leverage satellite communication technology to improve data exchange, operational command, and surveillance at sea.

Avantel Limited, a leading player in satellite communications and defense technologies, as part of its commitment towards Make in India and Skill India initiatives, has partnered with Andhra University, GITAM University, and Velagapudi Ramakrishna Siddhartha Engineering College (VRSEC) to introduce a two-year MTech program in Signal Processing and Communication Systems. This AICTE approved course will commence in June 2025 and every year students will be enrolled through GATE. The collaboration is uniquely structured to create an industry ready workforce, blending academic rigor with real world problem solving. In the two-year MTech program, students will undergo four semesters; In the first two semesters, students will have classroom learning at their respective universities, focusing on core theoretical concepts. In the 3rd and 4th semesters, students will have a full year internship opportunity at Avantel. To support students financially, the program also includes a Financial Incentive and Career Progression plan, offering interns a monthly stipend of INR 25,000.