Apollo Micro Systems Share Price in Focus; Awarded Transfer of Technology for Semi Active Laser Homing System

On September 16, 2026, Apollo Micro Systems Limited announced the acquisition of a Transfer of Technology license for a Semi Active Laser Homing System (SALHS), as per the exchange filings. 

Technology Award and Strategic Guidance 

The defence company has been awarded a Transfer of Technology license, which will guide the production setup for a Semi Active Laser Homing System.  

This precision-guidance technology provides real-time, in-flight course corrections to munitions, detecting reflected and scattered laser radiation to engage military targets effectively. 

Program Induction and Defence Ceremony 

The official award ceremony occurred during the VIMARSH 2026 conclave in New Delhi, attended by Hon'ble Raksha Mantri Shri Rajnath Singh.  

The event also featured the formal handing over of Vighana, a Multi-Influence Ground Mine, which has received the necessary Acceptance of Necessity from the Ministry of Defence. 

Manufacturing Framework and Management Message 

Apollo Micro Systems operates as an approved production agency for the underwater mine system under the DRDO. The Defence Acquisition Council granted program approval on July 3, 2026.  

Managing Director Karunakar Reddy Baddam highlighted that this milestone accelerates the company's self-reliance and indigenisation plans, serving national strategic needs as a Tier-I Original Equipment Design manufacturer. 

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Apollo Micro Systems Share Price Performance 

As of September 16, 2026, at 2:18 PM, Apollo Micro Systems share price on NSE was trading at ₹371.35, down by 3.94% from the previous closing price. 

Conclusion 

Apollo Micro Systems' acquisition of a Transfer of Technology license for a Semi Active Laser Homing System marks a significant step in its manufacturing capabilities. The Defence Acquisition Council's approval and the Ministry of Defence's acceptance further solidify its strategic role in national defence. 

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