AXISCADES Share Price Rises 2%; Signs Space Pact in Presence of French Delegation

AXISCADES Technologies Limited has signed a significant agreement at the Embassy of France, New Delhi aimed at enhancing India’s capabilities in Space Situational Awareness (SSA). 

The agreement was formalised in the distinguished presence of Eléonore Caroit, Minister Delegate to the Minister for Europe and Foreign Affairs, as part of the delegation led by Emmanuel Macron during his visit to India.

The collaboration reflects growing Indo-French cooperation in advanced technology and defence-related domains, particularly in the space sector. Space Situational Awareness plays a critical role in monitoring satellites, tracking space debris, and ensuring secure space operations.

Strengthening India’s Space Ecosystem

Through this agreement, AXISCADES is expected to contribute engineering and technology solutions that enhance India’s ability to monitor and manage space assets effectively. 

With increasing satellite launches and expanding space infrastructure, SSA has become essential for national security and commercial space operations. The pact underscores India’s push toward self-reliance in high-technology sectors while leveraging international partnerships.

Market Reaction and Stock Performance

Following the announcement, AXISCADES shares traded at ₹1,514.00 as of 25-Feb-2026 (09:52 IST), up ₹39.40 or 2.67% from the previous close of ₹1,474.60. The stock opened at ₹1,512.00, touched a high of ₹1,529.30, and a low of ₹1,490.20 during the session so far.

Also Read: AXISCADES Wins Major Production Order to Supply Avionics Hardware!

Conclusion

The agreement marks a strategic milestone for AXISCADES and reinforces India-France collaboration in the space domain. By strengthening Space Situational Awareness capabilities, the company positions itself at the forefront of a critical and rapidly growing sector, while investors respond positively to the long-term growth prospects.

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