NAVI MUMBAI, MAHARASHTRA , July 2, 2026 — Paras Defence and Space Technologies Ltd has signed an exclusive Intellectual Property (IP) License Agreement with Tandem Defense LLC, a wholly owned subsidiary of US-based Autonomous Power Corporation (Powerus), securing exclusive rights to manufacture and commercialize the Guardian-1 Interceptor counter-drone system in India.
Under the agreement, Paras Defence will locally manufacture, market, and support the Guardian-1 system for the Indian market. The license is non-transferable and non-sublicensable, applies only within India, and is valid for an initial 12 months, with an option for renewal by mutual consent. Paras has also been authorized to appoint domestic partners for specialized manufacturing, IP management, and regional sales operations. The financial value of the agreement has not been disclosed.
The Guardian-1 Interceptor is a battery-powered kinetic counter-drone system designed to physically intercept and destroy aerial threats such as commercial quadcopters, swarm drones, and first-person view (FPV) drones. Unlike electronic warfare systems that rely on jamming or GPS spoofing, the Guardian-1 is a hard-kill solution that tracks and neutralizes hostile drones before they can reach protected locations. The interceptor has a cruise speed of around 100 mph, a maximum burst speed of approximately 211 mph, and an operational range of up to 10 miles.
The partnership expands Paras Defence's existing anti-drone portfolio, which already includes man-portable drone detectors and handheld jammers through its subsidiary, Paras Anti-Drone Technologies. The addition of the Guardian-1 enables the company to offer a multi-layered counter-drone capability combining both electronic and kinetic interception technologies for military, paramilitary, and critical infrastructure protection.
The agreement also supports the Indian government's Aatmanirbhar Bharat initiative by enabling local production, final assembly, and servicing of advanced counter-drone systems, strengthening indigenous defence manufacturing capabilities.
Following the announcement, shares of Paras Defence and Space Technologies Ltd rose nearly 9% to close at ₹1,289.25 on the BSE, extending the company's strong market performance with an increase of about 101% from its January 1, 2026, trading price of ₹684.45.
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