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Axiscades Technologies Share Price Surges Over 2% on Tie Up with European Firm Aldoria

Written by: Team Angel OneUpdated on: 20 Jun 2025, 4:26 pm IST
Axiscades Technologies share price surges over 2% on Aldoria partner to develop space tracking systems, aiming to support India’s plans in monitoring and managing its space assets
Axiscades Technologies Share Price Surges Over 2% on Tie Up with European Firm Aldoria
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Bengaluru-based Axiscades Technologies Ltd, on June 19, 2025, signed a Memorandum of Understanding (MoU) with Aldoria, a French space surveillance company, as per the exchange filing. The announcement was made at the Paris Air Show. 

The collaboration is focused on supporting India’s space sector with technical capacity in space surveillance and situational awareness (SSA).

Data and System Integration

The MoU outlines plans to evaluate joint opportunities for system alignment and data sharing in SSA. Both companies will explore the development of scalable software and integration frameworks aimed at improving space object tracking, orbital monitoring, and collision avoidance.

The partnership includes plans to share select SSA insights and technical knowledge. This is intended to support evolving requirements in India’s space sector.

Discussions with Indian Agencies

The 2 companies had been in discussions with the Indian Space Research Organisation (ISRO) and the ISRO Telemetry, Tracking and Command Network (ISTRAC) over the past 5 months. These conversations helped shape the scope of the partnership and its technical direction.

Read more: Axiscades Technologies Announces Strategic Partnership With MBDA!

Company Details

Axiscades Technologies operates in the defence, aerospace, and software sectors. It has more than 3,200 employees across 17 locations globally, including offices in the US, UK, France, Germany, Canada, and China. The company works in areas such as electronic warfare, radar systems, drones, and homeland security technologies.

Aldoria, established in 2017 and based in France, focuses on space safety and security. It designs and operates a proprietary network of optical sensors and telescopes used to monitor objects in orbit. As of January 2025, the company had 15 telescopes in operation across six locations. Aldoria also provides data services, including collision alerts and orbit tracking for both civil and military clients.

Axiscades Technologies Share Price Performance 

As of 09:28 AM on June 20, 2025, Axiscades Technologies share price was trading at ₹1,440, a 2.19% increase. The stock has increased 140.54% over the past 6 months and 141.90% over the past year.

Conclusion

The collaboration is building systems to support India’s ability to track and manage its space assets. The next steps will involve technical alignment and potential development of joint surveillance tools.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jun 20, 2025, 10:44 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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