Three Indian based start-ups – Sastra Robotics, Terrero Mobility, and NoPo Nano Technologies are to boost Indian Economy when Lockheed Martin from US-based Defence and aerospace industry signed up Memorandums of understanding (MoUs).
The integration of Lockheed Martin’s supply chain with these three start-ups can boost the defence and aerospace industry at a global level.
Vice president from Strategic and Business Development from Lockheed Martin, Stated in the press conference about this mission,
“The agreements attest to the commitment of Lockheed Martin to cultivate and integrate indigenous content into global systems and platforms. Through these agreements, we look to provide engineering support, mentoring, and assistance in the qualification of some of the technologies proposed, all of which contribute to our mission of making in India.”
A Spin-Off from Lockheed Martin’s R&D research project is Terrero Mobility. Lockheed Martin is looking forward to giving a scope of work in its spin-off start-up. The areas where they want to work are design development, test and qualification of the Cargo Ground Build-up System (CGBS) for this start-up founded by IIT Madras Alumni. Apart from system engineering support and mentoring for rotary wing and fixed aircraft.
With a vision to enable humanity to be spacefaring species, Bangalore based Indian Start-up is NoPo Nanotechnologies. To ensure safety, performance and reliability of materials NoPo provide custom engineering solutions with the use of carbon nanotubes. Lockheed Martin expects to provide lightning protection and electromagnetic interference with purified, produced and metallic sorted HiPCO carbon nanotubes.
This Kochi based five-year-old start-up, Sastra Robotics about industrial product testing automation. Here, the intelligent robotic platform is manufactured. By providing a work scope for the qualification of robots produced for avionics by Sastra Robotics, Lockheed intends to improve the defence and aerospace industry. Including F-21 the products manufactured here help in testing avionics display of tactical fighter platforms.
The CEO of Lockheed Martin, Phil Shaw stated,
“We are delighted to have identified, through the IIGP, three inspiring start-ups that we perceive potential to collaborate with on a global scale. We envision our intended partnership with them to enhance the platforms and programs we’re developing, especially the solutions we wish to offer India.”