ACS Technologies Ltd executes Strategic MoU with XDLINX Space Labs Pvt Ltd to Explore SpaceDefence Synergies

ACS Technologies Limited (BSE: 530745), a technology solutions provider serving India's government, defence, and enterprise sectors, today announced the execution of a Memorandum of Understanding (MoU) with XDLINX Space Labs Private Limited ("XDLINX"), a Hyderabad-based provider of end-to-end small satellite mission-as-a-service.

This strategic partnership is designed to explore collaborative opportunities at the intersection of space technology and ground-based defence electronics, leveraging the strengths of both organizations to deliver integrated solutions for national security and enterprise intelligence.

XDLINX Space Labs Private Limited is a Hyderabad-based company engaged in advanced space technology solutions, including small satellite platforms, mission support services, and related systems integration. The company focuses on enabling satellite-based applications across communication, observation, and other strategic use cases.

Shares of ACS Technologies Limited was last trading in BSE at Rs. 36.39 as compared to the previous close of Rs. 37.13. The total number of shares traded during the day was 61978 in over 72 trades.

The stock hit an intraday high of Rs. 37.00 and intraday low of 36.39. The net turnover during the day was Rs. 2257378.00.

Source : Equity Bulls

Keywords

ACSTechnologies INE366C01021 ITEnabledServices MoU XDLINXSpaceLabs