ZENTEC

March 3 (Reuters) - Zen Technologies Ltd ZETE.NS:

• ZEN TECHNOLOGIES LTD - SECURES THIRD PATENT FOR T-90 TANK SIMULATOR

Source text: ID:nBSE228k0z

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Feb 28 (Reuters) - Zen Technologies Ltd ZETE.NS:

• ZEN TECHNOLOGIES - SECURES PATENT FOR AUTOMATED HARD KILL FIREARM MOUNTING SYSTEM

Source text: ID:nBSE1lRGnh

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Feb 20 (Reuters) - Zen Technologies Ltd ZETE.NS:

• ZEN TECHNOLOGIES LTD - INVESTS $10 MILLION IN ZEN TECHNOLOGIES USA

Source text: ID:nNSE2Y4VkZ

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** Shares of Zen Technologies ZETE.NS drop 20%, the lower limit of exchange-allowed trading band, to 1,080 rupees

** Defence equipment maker bagged orders worth 16.9 mln rupees in Q3FY25 vs 1.29 bln rupees worth orders in Q3FY24

** Its core profit margins narrowed to 35.9% in Q3 from 47.34% a year ago

** Stock eyes worst day since March 2020

** Over 1.3 mln shares traded, 2.1x the 30-day avg

** ZETE down ~56% YTD

(Reporting by Manvi Pant in Bengaluru)

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Feb 13 (Reuters) - Zen Technologies Ltd ZETE.NS:

• LAUNCHES AI-POWERED DEFENCE SYSTEMS

Source text: ID:nNSE9MfF7p

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** Shares of Zen Technologies ZETE.NS rise 4.7% to 2,585 rupees, their biggest one-day gain since Dec. 16

** Indian defence firm wins patent for its military training platform 'T-72 Containerized Crew Gunnery Simulator System'

** Stock trading above 50-, 100-, 200- day avgs for over a month, indicating bullish sentiment

** Stock rose over three-fold in 2024

(Reporting by Aleef Jahan in Bengaluru)

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Jan 8 (Reuters) - Zen Technologies Ltd ZETE.NS:

• ZEN TECHNOLOGIES - GRANT OF PATENT FOR "T-72 CONTAINERIZED CREW GUNNERY SIMULATOR SYSTEM"

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** Shares of Zen Technologies ZETE.NS rise as much as 7.3% to 2,024 rupees, last up 6.6%

** Indian defense firm partners with AVT Simulation to expand in the U.S.

** Stock set to rise for an eighth straight quarter

** Stock has been above its 200-day SMA since Feb 2023, indicating bullish sentiment

** More than 743,000 shares traded, 2.2x 30-day moving avg

** Stock has more than doubled on a YTD basis

(Reporting by Anuran Sadhu in Bengaluru)

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** Shares of Indian defense firm Zen Technologies ZETE.NS gain ~2% to 1,867 rupees

** Stock jumped as much as 2.6% earlier after co inked partnership with Florida-based AVT Simulation, aiming U.S. expansion

** Co did not disclose financial details of the partnership

** YTD stock up 134% after 331% surge in 2023

(Reporting by Hritam Mukherjee in Bengaluru)

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** Shares of Zen Technologies Ltd ZETE.NS rise as much as 3.2% to 1,938.60 rupees

** Defence equipment maker reported an over four-fold YoY jump in Q2 consolidated net profit to 626.7 mln rupees ($7.45 mln); Q2 revenue also grew over three-fold

** More than 780,000 shares traded as of 12:22 p.m. IST, 2x their 30-day moving avg

** ZETE last up 0.5%, adding to YTD gains of 137.1%

($1 = 84.1050 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

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Adds details on data provided by SatSure in paragraph 15

By Nivedita Bhattacharjee

BENGALURU, Oct 14 (Reuters) - India has a plan to carve out a beachhead in the battle for commercial space, officials say: crunching space data, building small satellites and launching them cheaply into orbit rather than challenging heavyweights such as SpaceX head-on.

In particular, it is taking aim at providing cost-effective services and hardware to sectors such as communications, agriculture and commodities, where high-quality data is a precious resource.

At stake is a launch market worth $14.54 billion by 2031, and a related data services market pegged at $45 billion by 2030.

"The world has gone from satellites the size of a Boeing plane to the size of a laptop," said AK Bhatt, director general of the Indian Space Association, an industry body.

"This is a sector that India can win, instead of challenging heavy launches where Elon Musk has dominance. The country already has an historical advantage in data mining and interpretation."

Since February, India has opened its space sector to private players and created a 10 billion rupee ($119 million) venture fund to support space startups. It has also unveiled plans for crewed space exploration and a mission to Venus, but the focus is on developing commercial ventures.

In many ways it will be an uphill fight. Other countries such as Japan and China have advanced space industries, and designs on cheap launches. Spaceflight itself is difficult; the startup landscape globally is littered with failed boosters and satellite designs.

For India, "the tech is there and the ability is there... but space is tricky and very competitive, and while private companies have shown that they can create a niche for themselves, we need more proof of concept," said Namrata Goswami, a space policy expert at Arizona State University.

She added that the Indian government must be an "anchor customer" for private industry.

Most of the revenue growth is expected to come from so-called downstream data applications, said Pawan Goenka, chairman of IN-SPACe, India's space regulatory body.

Those involve crunching data from orbit to help improve crop yields on earth, build more accurate navigation systems, bolster telecommunications, tighten border security and fight climate change, Goenka said.

Indian companies such as Bellatrix Aerospace, Pixxel, Agnikul Cosmos, Dhruva Space and others are already building or have launched small satellites or satellite components.

India's space agency, ISRO, last month completed the third and final developmental flight for its Small Satellite Launch Vehicle. The design will then be handed to private companies.

"The end uses of Earth observation are vast," Goenka said. "What we are doing is address various parts of the puzzle."

Bengaluru-based SatSure, for example, has been providing near real-time satellite data to the Airports Authority of India to enhance air traffic management and safety, helping airlines save fuel costs by improved flight planning. The project is expected to save 37.5 billion rupees ($446 million) in fuel costs for airlines annually by 2025 and result in a roughly 70% reduction in airport process planning timelines, the authority said.

Earth observation (EO) satellites - orbiting cameras and sensors - can unlock similar savings in other areas, said the company's chief executive, Prateep Basu.

"EO is solving problems that span across utilities, navigation, trading, industries, helping save millions of dollars," Basu said.

GOVERNMENT PUSH

Since the government opened up the market, companies big and small have jumped in, with legacy IT firms like Infosys INFY.NS investing in satellite imaging company GalaxEye Space Solutions, Google-backed GOOG.O Pixxel signing contracts with NASA, and Baring- and Promus-backed SatSure taking on clients such as HDFC Bank HDBK.NS and global seed company Syngenta.

Dhruva Space became one of the first to be handed a permit to operate satellite communication centres on earth - to date the dominion of ISRO.

"India is a software powerhouse and produces some of the best minds in the world in data science, machine learning, and artificial intelligence. The space downstream market is, at the end of the day, a software play," said Aravind Ravichandran, founder of France-based advisory firm Terrawatch Space.

The consultancy Euroconsult forecasts that between 2023 and 2032, about 26,104 small satellites - weighing less than 500 kilogrammes (1,100 lb) - will be put in orbit, averaging 1.5 tons of daily launch mass. The firm expects the overall small satellite industry to be worth $110.5 billion in the next decade.

Indian space companies have already seen an influx of funding - $126 million in 2023, a 7% increase from the $118 million raised in 2022 and an increase of 235% from the $37.6 million raised in 2021, according to Tracxn data.

But India has only about 2% of market share in commercial space activities, demand is still largely dependent on global clients, and well-established U.S., Russian and Chinese companies are formidable rivals.

"To truly make a dent, (Indian) solutions have to scale to the rest of south Asia and then to the rest of the world," said Pixxel founder and CEO Awais Ahmed.

($1 = 84.0560 Indian rupees)

(Reporting by Nivedita Bhattacharjee in Bengaluru; Editing by Gerry Doyle and Kim Coghill)

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** Shares of Zen Technologies ZETE.NS, Paras Defence and Space Technologies PRAF.NS, and ideaForge Technology IDEF.NS rise 2.2%, 8% and 2.1% respectively

** India's government is planning an incentive scheme for the drone sector to enhance implementation and documentation, a government official said at an industry body event

** Paras and ideaForge manufacture drones, while Zen is involved in the production of anti-drone systems

** ZETE set for biggest one-day gain in more than 2 months; more than 414,000 shares traded, highest in over 2 weeks

** Vols on PRAF at highest since late-August, with 144,000 shares traded

** PRAF up 54.5% YTD vs 125% jump in ZETE; IDEF down 17%

(Reporting by Aleef Jahan in Bengaluru)

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Oct 1 (Reuters) - Zen Technologies Ltd ZETE.NS:

• ZEN TECHNOLOGIES - SECURES ANNUAL MAINTENANCE CONTRACT WORTH 460 MILLION RUPEES

• ZEN TECHNOLOGIES - SECURES ANNUAL MAINTENANCE CONTRACT FROM MINISTRY OF DEFENCE

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Sept 30 (Reuters) - Zen Technologies Ltd ZETE.NS:

• PATENT GRANT FOR "INFANTRY VIRTUAL TRAINING SIMULATION SYSTEM"

Source text for Eikon: ID:nNSE4VWbB7

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Sept 25 (Reuters) - Zen Technologies Ltd ZETE.NS:

• ZEN TECHNOLOGIES - LAUNCHES REMOTE-CONTROLLED WEAPON, SURVEILLANCE SYSTEMS

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** Zen Technologies ZETE.NS shares rise 3.1% to 1,843 rupees

** Defence equipment maker raises 10 bln rupees ($119 mln) via qualified institutional placement

** ZETE up 124% YTD

($1 = 83.8080 Indian rupees)

(Reporting by Aleef Jahan in Bengaluru)

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Aug 21 (Reuters) - Zen Technologies Ltd ZETE.NS:

• APPROVED OPENING OF QIP ON AUG 21

• SET QIP FLOOR PRICE OF 1,685.18 RUPEES PER SHARE

Source text for Eikon: ID:nBSELp0Kt

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Aug 19 (Reuters) - Zen Technologies Ltd ZETE.NS:

• PATENT GRANTED FOR MINE DETECTION SYSTEM

Source text for Eikon: ID:nBSE58hgCD

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(Reporting by VijayDattaram Malkar)

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** Shares of defence equipment maker Zen Technologies ZETE.NS rise 5% to 1360.95 rupees, hitting upper circuit

** Co in collaboration with unit AI Turing Technologies launches AI-powered robots and products for the global defense market

** ZETE set to snap six-session losing streak; on track for best day in nearly two weeks

** Stock up ~71% YTD, had jumped over four times in 2023

(Reporting by Dimpal Gulwani in Bengaluru)

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** Shares of Zen Technologies ZETE.NS rise ~8% to 986.25 rupees, their best intraday gain since August 2023

** Defence equipment maker won India patent for TZS lazer boresighter

** Patent valid up to July 22, 2036

** Stock up ~25% YTD after a more than quadruple jump in 2023

(Reporting by Kashish Tandon in Bengaluru)

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June 6 (Reuters) - Zen Technologies Ltd ZETE.NS:

• GOT INDIA PATENT GRANT FOR "TZS (LASER BORESIGHTING)"

• PATENT VALID UP TO JULY 22, 2036

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Feb 21 (Reuters) - Zen Technologies Ltd ZETE.NS:

• ZEN TECHNOLOGIES SECURES ORDER OF 930 MILLION RUPEES FOR TACTICAL TRAINING SIMULATORS

• ORDER FROM MINISTRY OF DEFENCE, INDIA GOVERNMENT

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** Shares of Zen Technologies ZETE.NS hit upper circuit, up 5% at 762.3 rupees

** Stock logs biggest intraday climb since late-Dec

** Defense training system maker's Q3 consol profit tripled

** Rival Bharat Dynamics' BARA.NS Q3 profit rose, sending shares up, last week; Hindustan Aeronautics HIAE.NS and Bharat Electronics BAJE.NS yet to report

** ZETE gained ~4% in Dec-qtr, its fourth straight qtrly gain

(Reporting by Varun Vyas)

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Jan 23 (Reuters) - Zen Technologies Ltd ZETE.NS:

• TO CONSIDER PROPOSAL FOR RAISING OF FUNDS

Source text for Eikon: ID:nBSE4H4004

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Nov 24 (Reuters) - Zen Technologies Ltd ZETE.NS:

• ZEN TECHNOLOGIES LTD- SIGNS MOU WITH GOVERNMENT OF GOA FOR SETTING UP OF NEW RESEARCH AND DEVELOPMENT & MANUFACTURING FACILITY

• ZEN TECHNOLOGIES LTD- INVESTMENT OF UP TO 500 MILLION RUPEES

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Oct 26 (Reuters) - Zen Technologies Ltd ZETE.NS:

• SECURES ORDER FROM MINISTRY OF DEFENCE FOR ADVANCED TANK TRAINING SYSTEM

• ORDER WORTH ABOUT 1 BILLION RUPEES

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Sept 26 (Reuters) - Zen Technologies Ltd ZETE.NS:

• CO SECURES ORDER FROM MINISTRY OF DEFENCE

• CO SECURES ORDER VALUED AT APPROXIMATELY 2.28 BILLION RUPEES

• ORDER FOR SUPPLY OF ANTI-DRONE SYSTEMS

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** Shares of Zen Technologies ZETE.NS rise as much as 5% to 756.2 rupees, highest since Sept. 18

** Stock on track for second consecutive session of gains, if trends hold

** Co on Friday reported it bagged government order worth 2.28 billion rupees ($27.44 million)

** Nearly 175,000 shares change hands by 09:50 a.m. IST vs 30-day avg of 438,221 shares

** With day's gains, stock up nearly 296% YTD

($1 = 83.0910 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru)

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Sept 22 (Reuters) - Zen Technologies Ltd ZETE.NS:

• GOT ORDER WORTH OF 2.28 BILLION RUPEES FROM MINISTRY OF DEFENCE, GOVERNMENT OF INDIA

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Sept 5 (Reuters) - Zen Technologies Ltd ZETE.NS:

• SECURES ORDER FROM MINISTRY OF DEFENCE

• BAGS ORDER FROM MINISTRY OF DEFENCE WORTH ABOUT 1.23 BILLION RUPEES

Source text for Eikon: ID:nBSE7h6116

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