In October 2025, Paras Defense and Space Technologies Limited (PARAS), a leading Indian defence and space optics, electronics, and electromagnetics company, signed a Memorandum of Understanding (MoU) with Israel-based Cielo Inertial Solutions Limited (CIELO) to jointly develop, market, and produce Inertial Navigation Systems (INS) and Closed-Loop Fibre Optic Gyroscope (FOG)-based inertial solutions in India.
📚 Test Your Knowledge:
Which Indian company recently signed an MoU with Israel’s CIELO for inertial navigation systems?
Correct Answer: Paras Defense