Zen Technologies Limited has formally announced its strategic acquisition of a majority stake in TISA Aerospace Private Limited. This acquisition marks Zen's foray into the fast-evolving domains of loitering munitions and unmanned aerial vehicles (UAVs), both of which are playing a crucial role in modern combat operations.
Zen Technologies Limited, headquartered in Hyderabad, confirmed the acquisition of a majority stake in TISA Aerospace Private Limited. TISA is an emerging defence tech company focused on loitering munitions and UAV systems that cater to the evolving needs of the Indian Armed Forces. The transaction involves a mix of share purchases from existing shareholders and the acquisition of compulsorily convertible debentures (CCDs) issued by TISA.
Founded in December 2020, TISA Aerospace has made notable strides in the indigenous development of loitering munitions and UAVs. The company has already executed a project meeting Defence Research and Development Organisation (DRDO) standards and is currently working on next-gen variants for the Indian Army. TISA’s research and development have been bolstered by support from prestigious institutions, including the Indian Institute of Technology Madras.
Zen Technologies is already a recognised name in defence training systems and anti-drone technology. The acquisition allows the company to expand into high-impact areas within the defence space. The integration of TISA’s cutting-edge developments with Zen’s existing expertise in propulsion and surveillance systems is expected to build a stronger, scalable defence portfolio.
Chairman and Managing Director Mr Ashok Atluri said, “This acquisition is a decisive step towards strengthening Zen’s position in the rapidly evolving defence drone sector. TISA’s expertise in loitering munitions provides us with immediate access to advanced technologies and platforms that align with the emerging operational requirements of the Armed Forces.:
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This acquisition aligns with the Government of India’s broader policy on ‘Atma Nirbhar Bharat’ in defence, promoting local manufacturing and R&D in mission-critical technologies. Loitering munitions, in particular, have become a focal point in modern warfare scenarios, offering high precision, minimal collateral damage, and operational flexibility in conflict zones.
Loitering munitions—often referred to as "suicide drones"—bridge the gap between UAVs and guided missiles. They hover over an area until a target is identified and then strike with precision. The ongoing conflict zones across the globe have demonstrated their growing relevance, making them a critical component of future-ready defence systems.
Zen Technologies, based in Hyderabad, is a pioneer in defence training technologies, having delivered over 1,000 training systems globally. With more than 172 patents filed, the company operates a fully equipped R&D unit recognised by the Government of India. Zen focuses on simulation-based training, anti-drone solutions, and now, through TISA, is poised to venture into the production of combat-ready aerial systems.
On June 23, 2025, Zen Technologies Limited share price opened at ₹1,906.10 on NSE. As of 9:45 AM, the stock was seen trading up by 1.49% at ₹1,928. Over the past week, it has declined by 3.72%, over the past month, it has moved up by 0.41%, and over the past 3 months, it has moved up by 46.93%.
Zen Technologies’ acquisition of a majority stake in TISA Aerospace signals a calculated step into the future of warfare technology. By leveraging TISA’s indigenous capabilities in loitering munitions and UAVs, Zen is set to reinforce its leadership in defence tech while aligning with India’s strategic goal of defence self-sufficiency.
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Published on: Jun 23, 2025, 11:04 AM IST
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