Latest news with #Reconnaissance
Russia Today
15-05-2025
- Politics
- Russia Today
EU country tells citizens how to spot Russian spies
One of Latvia's intelligence agencies has published an instruction manual on how to spot potential Russian spies and saboteurs. The Latvian Defense Intelligence and Security Service (MIDD) released the instructions to the general public on Wednesday. 'A sloppy, unkempt appearance and insufficient hygiene,' could be a visual clue that someone is a Russian reconnaissance-sabotage group member, according to the release. Other potential cues are tourist, paramilitary, or sports clothing, an athletic physique or a short haircut, it added. No one factor is a surefire sign of a spy, MIDD stressed, warning Latvians against attempting to take matters into their own hands or confronting anyone they may suspect. Maps, radios, navigation equipment, weapons, and survival foods could also be a red flag, the agency wrote. Infiltrator groups may choose remote places to live, such as in forests, near bodies of water, or in abandoned buildings, it said. In addition, Latvians should watch out for people unfamiliar with their surroundings, who appear to be observing the area or questioning locals about their political beliefs, MIDD wrote. Potential Russian spies could claim they are in the country on tourist or business trips, or for visiting friends or relatives, the agency wrote. MIDD warned that potential saboteurs could operate in groups of three to four and move 'military style.' One of the group members could be familiar with the local language, it added. They could also be carrying a Russian passport and rubles, the agency said. Latvia has shown particular hostility to its significant Russian minority, especially since the escalation of the Ukraine conflict in 2022. Around a quarter of the Baltic state's roughly 1.8 million people are ethnic Russians, according to official Latvian statistics. In May, Latvian Interior Minister Rihards Kozlovskis urged the EU to halt issuing Schengen tourist visas to Russian citizens, accusing them of posing a threat to the bloc's security. It is the EU's 'moral duty' to impose an outright visa ban on Russian tourists, the minister argued. During last week's Victory Day commemorations in Latvia, local police detained eight people and opened 67 administrative cases related to the events. The authorities charged people with singing Russian wartime songs, displaying banned Soviet symbols and making flower offerings in the colors of the flag of the Russian Federation.
India Today
03-05-2025
- Science
- India Today
India conducts maiden flight-trials of stratospheric airship platform
The Defence Research and Development Organisation (DRDO) successfully conducted the maiden flight-trials of its Stratospheric Airship Platform on May 3 from the Sheopur trial site in Madhya Pradesh. The platform was developed by the Aerial Delivery Research and Development Establishment (ADRDE), Agra."The DRDO successfully carried out maiden flight-trials of stratospheric airship platform from Sheopur trial site in Madhya Pradesh on May 3," the defence ministry said. advertisementThe airship, carrying an instrumental payload, reached an altitude of approximately 17 kilometre during the flight. The trial lasted about 62 minutes. Data from onboard sensors was received and will be used to develop high-fidelity simulation models for future high-altitude airship missions. In-flight systems such as envelope pressure control and emergency deflation were also tested for performance. The system was recovered for further examination. "DRDO successfully conducts maiden flight trial of Stratospheric Airship with instrumental payload to an altitude of around 17 kms. This lighter than air system will enhance India's earth observation and Intelligence, Surveillance & Reconnaissance capabilities, making the country one of the few countries in the world having such indigenous capabilities," DRDO wrote on X. advertisement Defence Minister Rajnath Singh congratulated DRDO on the successful trial, stating that the system will significantly enhance India's capabilities in earth observation and Intelligence, Surveillance and Reconnaissance (ISR), placing India among a select group of nations with such indigenous Samir V Kamat, Secretary, Department of Defence R&D and Chairman of DRDO, also commended the team behind the design, development, and testing of the system. He called the prototype flight a milestone in the development of lighter-than-air, high-altitude platforms capable of long endurance at stratospheric Watch
Economic Times
02-05-2025
- Business
- Economic Times
Paras Defence shares in focus after Q4 profit surges 97% YoY; board approves stock split
Paras Defence posted a stellar Q4FY25, with net profit soaring 97% YoY to Rs 19.7 crore and revenue up 36% to Rs 108.2 crore. EBITDA surged over 7x, and margins expanded sharply. The company also announced a stock split and inked a key drone tech deal with Israel's MicroCon Vision, further boosting its presence in defence and ISR technologies. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Popular in Markets Paras Defence Share Price Performance Shares of Paras Defence and Space Technologies will be in focus on Friday after the company reported strong March quarter results and announced a stock profit surged 97% year-on-year (YoY) to Rs 19.7 crore in Q4FY25, compared to Rs 10 crore in the same period last year. Revenue rose 36% YoY to Rs 108.2 crore from Rs 79.7 Before Interest, Tax, Depreciation and Amortisation (EBITDA) came in at Rs 28.3 crore, up from Rs 3.4 crore a year ago. EBITDA margin expanded nearly 10 percentage points to 26.2%, from 15.6% in the year-ago the board approved a stock split, dividing each equity share with a face value of Rs 10 into two equity shares of Rs 5 each. The record date for the split will be announced in due this month, Paras Defence signed a memorandum of understanding (MoU) with Israel-based MicroCon Vision, part of the Controp and Rafael Group, to strengthen India's defence and drone technology ecosystem. Under the collaboration, Paras Defence becomes the exclusive supplier of advanced drone camera systems in India. The company aims to offer these systems at significantly lower costs while increasing indigenous content in drone cameras and ISR (Intelligence, Surveillance, and Reconnaissance) this year, the company also received a license to manufacture light machine Wednesday, Paras Defence shares closed at Rs 1,365 on the BSE, up 2.1%, while the benchmark Sensex fell 0.06%. The stock has gained 36% year-to-date and 88% over the past year. The company's market capitalization stands at Rs 5,501 crore.
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Business Standard
30-04-2025
- Business
- Business Standard
Smallcap defence stock surges 41% in 3 days, zooms 81% 14 days; here's why
Paras Defence share price today: Shares of Paras Defence and Space Technologies (Paras Defence) hit a nine-month high of ₹1,469, as they rallied 10 per cent on the BSE in Wednesday's intra-day trade in an otherwise subdued market. The rally came ahead of a board meeting scheduled for today to consider the March 2025 (Q4FY25) earnings and stock split proposal. In comparison, the BSE Sensex was down 0.08 per cent at 80,225 at 09:25 AM. In the past three trading days, the stock price of the smallcap defence company has surged 41 per cent. In the past 14 trading days, it zoomed 81 per cent from the level of ₹802 on April 7, 2025. Currently, Paras Defence, a leading Indian defence engineering company specialising in advanced optics, mechanical design and cutting-edge defence solutions, is quoting at its highest level since July 2024. It had hit a record high of ₹1,592.75 on July 5, 2024. Catch Stock Market Latest Updates Today LIVE What's fueling rally in Paras Defence Paras Defence's board is scheduled to meet today to consider and approve the sub-division/ split of existing equity shares of the company from face value of ₹10 to a lower denomination. On Friday, April 25, 2025, Paras Defence had informed the BSE that a meeting of the board of directors of the company is scheduled for April 30, 2025, to consider and approve the sub-division/ split of existing equity shares of the company. The board will also consider and approve the standalone and consolidated audited financial results of the company for the quarter and year ended March 31, 2025, and recommend payment of dividend on equity shares of the company for the financial year ended March 31, 2025. What is stock split? A stock split is a decision by a company's board to increase the number of outstanding shares in the company by issuing new shares to existing shareholders in a set proportion to boost the stock's liquidity. Although the number of shares outstanding increases, there is no change to the company's total market capitalisation as the price of each share is split as well. ALSO READ | PSU defence stock up 4% on heavy volumes; nears record high. Do you own? The rationale behind the stock split is to enhance the liquidity of the company's equity shares and to encourage the participation of retail investors at large by making equity shares of the company more affordable. MoU with Israel's MicroCon On April 3, Paras Defence signed a strategic Memorandum of Understanding (MoU) with MicroCon Vision Ltd, Israel, a part of Controp and the Rafael Group, marking a significant advancement in India's defence and drone industry. This collaboration will position Paras Defence as an exclusive supplier of advanced drone camera technology in India, at a much lower cost. Paras Defence will bring high indigenous content in these drone cameras and Intelligence, Surveillance, and Reconnaissance (ISR) payloads, improving the country's self-reliance while lowering costs. It will offer two models, whose usual import price is around ₹20 lakh and ₹40 lakh per unit. Paras Defence anticipates 50-60 per cent price reduction for each model, making advanced surveillance technology more accessible to Indian defence forces and for commercial applications. MicroCon will serve as Paras Defence's exclusive supplier for drone cameras which include ISR payloads and Electro-Optical/Infrared (EO/IR) seekers, while Paras Defence becomes MicroCon's exclusive partner for ISR operations in India. Indian drone market As the Indian drone market enters a pivotal growth phase, this partnership addresses a critical gap, with drone cameras being one of the most expensive payloads currently imported. The Indian drone market, projected to grow approximately 17 per cent by 2029, driven by demand from defence, homeland security, disaster management, and industrial sectors, will benefit from this collaboration. Strengthening India Israel defence ties has been key in enabling this transformative partnership. ALSO READ | Trent shares drop 4% after Q4 earnings; results breakdown, analysis here Future outlook and strategic initiatives Looking forward, Paras Defence is poised to maintain its growth trajectory and capitalise on the burgeoning opportunities within the defence and space sectors. The company's strategic initiatives include focusing on high-growth areas such as optronics systems and counter UAS while continuing to strengthen core capabilities in defence engineering and electromagnetic protection, the company said in its FY24 annual report. The management aims to achieve a revenue growth rate of 25-30 per cent and maintain sustainable margins at the current levels, supported by innovative product offerings and expanding market presence. The government's 'Make in India' initiative provides a favourable environment for continued revenue generation and operational expansion, the company said.
Yahoo
28-04-2025
- Business
- Yahoo
Red Cat Holdings, Inc. (RCAT): A Bull Case Theory
We came across a bullish thesis on Red Cat Holdings, Inc. (RCAT) on Substack by Industrial Tech Stock Analyst. In this article, we will summarize the bulls' thesis on RCAT. Red Cat Holdings, Inc. (RCAT)'s share was trading at $5.28 as of April 24th. RCAT's trailing P/E was 1.12 according to Yahoo Finance. A high-tech robotic drone, showcasing the companys advancements in unmanned aerial systems. Red Cat (RCAT) recently reported its 4Q24 earnings, offering limited updates as it transitions to a December fiscal year-end. However, management reaffirmed plans for an upcoming Investor Town Hall, which is expected to provide detailed visibility into SRR (Short Range Reconnaissance) milestones and funding timelines. Despite the brevity of the call, management's confident tone suggests that 2025 SRR funding remains on track or may even exceed expectations. Red Cat is targeting $100M in SRR-related funding for the current military fiscal year ending in September, with three major contract milestones anticipated: the already signed Features contract, an imminent Limited Rate Production contract likely to coincide with the Town Hall, and a Full-Rate Production contract expected later this year. These developments could drive significant upside to the company's full-year revenue guidance of $80M–$120M, which includes $25M–$65M from SRR-related Black Widow sales, $25M from non-SRR Black Widow, $25M from Edge 130 sales, and $5M from Fang FPV. The Town Hall may also tighten the current guidance range. A key investor focus is international traction, with management highlighting growing global interest and potential new partnerships stemming from Red Cat's presence at international defense events. As geopolitical tensions escalate and defense budgets expand, Red Cat is poised to benefit from a broader defense drone supercycle. Its U.S. base and inclusion in the DoD's Blue sUAS program further strengthen its strategic positioning amid increasing legislative support for domestic drone manufacturing. While shares have recently dipped due to macro risk-off sentiment, none of the anticipated SRR revenue has yet been realized in financials. With transformative growth on the horizon and short-term margin compression expected during scaling, the current pullback presents a compelling entry point for investors anticipating a rerating as Red Cat executes on its defense-driven growth strategy. Red Cat Holdings, Inc. (RCAT) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 9 hedge fund portfolios held RCAT at the end of the fourth quarter which was 7 in the previous quarter. While we acknowledge the risk and potential of RCAT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than RCAT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Sign in to access your portfolio
