Apollo Micro Systems wins Make-II Navy order for SAVIOR-ASW system
APOLLO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Apollo Micro Systems has been awarded a Make-II Prototype Sanction Order (PSO) by the Indian Navy to develop the SAVIOR-ASW system, an unmanned semi-submersible vessel for Anti-Submarine Warfare surveillance using AI/ML-based target classification and advanced acoustic sensors. Under Make-II, the government bears no cost during prototype development, with procurement commitment only after successful demonstration. This marks Apollo's formal entry into autonomous maritime and underwater warfare, aligned with the Atmanirbhar Bharat defence initiative.
Positive strategic win expanding Apollo's defence portfolio. No immediate revenue as Make-II has no cost obligation during prototype phase, but unlocks future Navy procurement potential.