On Thursday, Paras Defence & Space Technologies Ltd, a defence engineering firm, announced it has received a contract valuing Rs 142.31 crore from CHESS, the DRDO arm dealing with anti-drone laser programme.

CHESS stands for Centre for High Defence Systems & Sciences and is part of the Defence Research and Development Organisation (DRDO).

The project has a development Road Map with a project execution of 24 months. Paras Defence claims it is the first company in India to develop a cutting-edge system.

"Securing this contract from DRDO underscores our commitment to advancing India's defence capabilities through homegrown innovation," said Munjal Sharad Shah, Managing Director, Paras Defence & Space Technologies.

High-power laser technology represents a substantial break-through for modern warfare while precise, cost-effective, rapid response solutions for emerging aerial threats, stated Shah.

The project includes development of a laser source module and integration with beam control system on mobile platform, suited for anti drone/UAV and anti missile application, according to Paras Defence.