Incorporated as a private company

Executed first deemed export order

Awarded AS-9100:2016 and ISO 9001:2015 certification by DQS Inc.

Executed first deemed export order

Granted industrial license by Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, Government of India for manufacturing items including microwave components, electronic components, and assembly and testing of microwave modules

• Granted authorisation for export of Munitions List items to M/s IAI Elta System, Israel for end use of Indian Air Force and Navy
• Signed lease deed for 6,070 square meters of land in the Aerospace SEZ Sector, Hitech, Defence & Aerospace Park

Commissioned new manufacturing facility at the Hi-Tech Defence and Aerospace Park SEZ in Bengaluru, Karnataka

Raneal Advanced Systems Private Limited incorporated as a wholly-owned subsidiary

Listed Equity Shares on BSE and NSE – November 2022