Paras Defence Signs MoU with South Korea’s Green Optics for Space & Defence Collaboration

Paras Defence and Space Technologies Ltd has entered into a strategic collaboration with Green Optics Co. Ltd., South Korea, to co-develop cutting-edge optical systems for space and defence sectors. The MoU outlines joint efforts in research, design, and manufacturing of specialized optics, crucial for satellites, surveillance, and defence equipment.

This partnership is expected to bolster India’s self-reliance in defence technology while leveraging South Korea’s expertise in precision optics. Analysts view the collaboration as a significant step toward enhancing India’s defence exports and supporting the government’s “Make in India” initiative in aerospace and defence manufacturing.

Key Highlights

• MoU Signed: Paras Defence partners with Green Optics Co. Ltd.
• Focus Areas: Joint development of optics for space and defence.
• Strategic Impact: Strengthens India’s defence manufacturing ecosystem.
• Global Collaboration: Combines Indian innovation with South Korean expertise.
• Policy Alignment: Supports “Make in India” and defence indigenization goals.

Sources: Paras Defence & Space Technologies Exchange Filing, Mint, The Economic Times