Avantel Limited has secured a Rs. 11.59 crore deal with NewSpace India Ltd for their Xponder devices, which involves delivery, setup, and activation by October 2026.

Avantel Limited secures a ₹137 crore IMD contract for wind profiler systems, sending shares soaring. The deal, to be completed by September 2027 with a three-year warranty and seven-year maintenance period, further bolsters their order book. This defense and space technology player's market cap of ₹3,282 crores now stands as a testament to its alignment with Atmanirbhar Bharat initiatives.