In the past 15 days, several small-cap companies have announced significant strategic partnerships to enhance their market presence and technological capabilities.
Oriana Power Ltd has signed an agreement with US-based Splitwaters for the implementation of providing electrolyzer and other equipment necessary for Green Hydrogen projects. This collaboration aims to reduce the capital expenditure of green hydrogen and e-Fuel projects by up to 30%, making sustainable energy solutions more efficient and affordable.
Exicon Events & Media Solutions Ltd has entered into a joint venture with the Gaikwad Family of Hadapsar, Pune, to create Pune’s largest exhibition and convention facility. This premier venue will span 300,000 square feet, offering state-of-the-art amenities for MICE (Meetings, Incentives, Conferences, and Exhibitions) events.
Garden Reach Shipbuilding Ltd has entered into two non-binding Memorandums of Understanding (MoUs). The first is with Merlinhawk Aerospace for the development of composite doors and hatches for naval ships, counter UAV solutions using EDFCS along with CRN 91, EOIRST for surveillance, composite masts for Indian Navy ships, and hydrogen fuel cell-based power generation for maritime applications. The second MoU is with the Kerala State Electronics Development Corporation Limited (KELTRON) to establish a collaborative working arrangement aimed at developing core futuristic technologies in various fields, achieving self-reliance in underwater surveillance.
Anant Raj Ltd has entered into an MoU with Google to collaborate on providing data center infrastructure, DC managed services, and cloud platforms to various public and private enterprises. The collaboration will focus on assisting customers in developing purpose-built AI-infused solutions for data infrastructure, productivity, and security.
Krishna Defence & Allied Industries Ltd has signed an MoU with VABO Composites B.V. to form a joint venture targeting the Indian and ASEAN markets. This partnership aims to develop innovative composite solutions for the defence and maritime industries, leveraging VABO’s advanced manufacturing capabilities. The joint venture will establish a manufacturing setup in India to meet the growing demand for lightweight, durable materials.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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