NSEUpdates5h ago · 22 Jul 2026, 12:19 pm

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Apollo Micro Systems Limited · APOLLO

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Apollo Micro Systems Limited has been awarded a Make-II Prototype Sanction Order by the Indian Navy for the design, development, and prototype demonstration of a Semi-Submersible Autonomous Vessel for Intelligence, Operations and Reconnaissance (SAVIOR-ASW).

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Growth Catalyst8/10
Governance Concern1/10
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Liquidity Impact8/10
Market Sentiment9/10

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Apollo Micro Systems Limited has informed the Exchange regarding 'business updates'.

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APOLLO_22072026121851_AMSBusinessUpdate22072026.pdf

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Date: 22.07.2026 BSE Limited, National Stock Exchange of India Ltd., Department of Corporate Services Listing Department Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Mumbai – 400 001 Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Scrip Code: 540879 Symbol: APOLLO ISIN: INE713T01028 Dear Sir/ Madam, Subject: Announcement of award of prototype Sanction Order from Indian Navy under Make-II. Ref: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 We are pleased to inform you that in the ordinary course of business and in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Apollo Micro Systems Limited has been shortlisted and awarded a Make-II Prototype Sanction Order (PSO) by the Indian Navy, in recognition of the Company's established capabilities in indigenous Naval Maritime Electronic Warfare. The project pertains to the design, development, and prototype demonstration of the Semi-Submersible Autonomous Vessel for Intelligence, Operations and Reconnaissance (SAVIOR-ASW) under the Make-II category. SAVIOR-ASW is an unmanned, semi-submersible maritime platform designed for persistent Anti-Submarine Warfare (ASW) surveillance, capable of autonomous operations for extended durations using advanced acoustic sensors, AI/ML-based target classification, and encrypted multi-channel communication systems. The system represents a significant step forward in India's indigenous underwater warfare capability. This is a prestigious and landmark order for the Company marking its formal entry into the domain of autonomous maritime and underwater warfare systems. The technologies being developed under this programme are state-of-the-art, highly futuristic, and fully aligned with the Government of India's Atmanirbhar Bharat initiative for self-reliance in defence manufacturing. In accordance with the Make-II category, there is no cost obligation on the Government during the prototype development phase. The Government is committed to procurement upon successful demonstration of the prototype. Apollo Micro Systems Limited Regd Office. Plot No.128/A, Road No.12, IDA-Mallapur, Uppal Mandal, Hyderabad-500076, Telangana, India Tel No:040-27167000-099, Fax No: 040-27150820 Mail: cs@apollo-micro.com, www.apollo-micro.com CIN:L72200TG1997PLC026556 The Company's Board of Directors and Management consider this award a defining milestone in Apollo Micro Systems Limited's growth journey, underscoring the Company's technological capabilities, execution excellence, and expanding strategic role in India's critical Defence technology ecosystem, particularly in advancing Naval Maritime Warfare capabilities. This update is provided for the information to our stakeholders. We request you to kindly take the above on record. Thanking You, Yours truly, For Apollo Micro Systems Limited Karunakar Reddy Baddam Managing Director DIN: 00790139 Apollo Micro Systems Limited Regd Office. Plot No.128/A, Road No.12, IDA-Mallapur, Uppal Mandal, Hyderabad-500076, Telangana, India Tel No:040-27167000-099, Fax No: 040-27150820 Mail: cs@apollo-micro.com, www.apollo-micro.com CIN:L72200TG1997PLC026556