Indian Railways, Now Tracked by Satellites
By siliconindia
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Thursday, 29 December 2011, 01:33 IST
25-crore in the next six months.
The Indian army extensively uses the MSS system mainly on the Navy warships and Cost Guard vessels. The MSS system for defence applications are developed from various platforms like submarines, torpedoes, ground-based vehicles, ships, and aircraft.
Founded in 1995, Aventel had started developing Type-C terminals for one-way messaging following a technology transfer agreement with Isro in 2000. A turnover of Rs 24.5 crore was recorded for the BSE-listed company in 2001 and revenue of
26 crore is expected for the present year. Its share closed up at
58.25 whereas its 52-month price stood at
69.5 and
41 respectively.