Post

India Defense Startup Bags $100 Million Peruvian Contract

India Defense Startup Bags $100 Million Peruvian Contract

Tonbow Imaging, a Bangalore-based startup has signed a $1million contract to manufacture and export ‘night-vision sights’ for guns which will then be sold by a U.S. company to the Peruvian army. The device will be fitted on rifles supplied to Peru by U.S. manufacturer Unified Weapon Systems Inc. (UWS).

The deal with Fábrica de Armas y Municiones del Ejército (FAME), Peru’s state-owned military industry, also includes transfer of technology of the assault rifles and weapon sights, reports the Economic Times.

Night Vision Device Fitted to a Rifle
Night Vision Sight Fitted to a Rifle

Mike Bingham, CEO of UWS said, “While most night vision systems run proprietary operating systems, Tonbo’s systems are built on Android. This makes their systems very secure and scalable.”

Arvind Lakshmikumar, founder and CEO of Tonbow Imaging, completed his doctoral work in Robotics from Carnegie Mellon University.

 

 

Share

About Amritt

Who We Are

Small or big, your business will love our financial help and business consultations! We are happy when our clients are too… Actually, this is quite simple to achieve – because each time we help them in sorting out different accounting intricacies or save the day before filing the taxes, they are happy indeed! And so are we.   

We have over Twenty years of experience helping our clients succeed in India

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Blog
Page
Dictionary
Comparisons
Capabilities
India Business Guide
Services
Private
Speaking
Insights
White Papers
News
Newsletters
Clients
Case Studies
Companies In India
Webinars
Presentations
Industries