IAN’s Portfolio Company Hyper Stealth Technologies Lands First iDEX-DIO Order for IMCS from Indian Army
– To provide military units with high-level concealment and mobility, Hyper Stealth Technologies will be developing IMCS.
New Delhi: March 15, 2023: Hyper Stealth Technologies Pvt. Ltd., a portfolio company of the Indian Angel Network (IAN) specializing in manufacturing stealth management solutions for the defense sector, has announced that it has received its first final order of the Integrated Mobile Camouflage System (IMCS) from the Indian Army. The order was received through the Indian Defense Expo (IDEX)-DIO startup program in the presence of senior officials from the Army, Ministry of Defense, ADB, and the Chairman of iDEX-DIO.
The IMCS, developed by Hyper Stealth, provides high-level concealment and mobility to military units and can be used by all three forces, including aircraft, frigates, and submarines. Its modular approach makes it easy to integrate with existing military equipment and technology, and it can blend into various environments such as desert, jungle, and urban terrain. The final order is a significant milestone for Hyper Stealth, validating the effectiveness of the IMCS in real-world military scenarios and marking the first sale of the IMCS to any military organization.
The “Stealth & Camouflage” market is over USD 1 Billion in India alone, and by securing this prestigious order, Hyper Stealth plans to disrupt this market further.
“We are honored and excited to have received the First order in the history of idex -dio from the Indian Army. It is the hard work and dedication of our in-house experienced research, development, and manufacturing team for producing the latest Stealth solutions against modern warfare surveillance sensors.” said Mr. Manish Dalmia, Founder at Hyper Stealth Technologies”.
Our portfolio company, Hyper Stealth, is providing the Ministry of Defense with the Integrated Mobile Camouflage System (IMCS) which utilizes disruptive technology to offer stealth capabilities against a wide range of modern warfare sensors. We take great pride in their contributions and honored to have them in IAN’s portfolio”, said Pradeep Gupta, Co Founder IAN & lead investor of Hyperstealth along with Ajai Chowdhry.
The Indian government’s IDEX-DIO startup program aims to provide support to startups in the defense and aerospace sectors. Selected startups receive funding, mentoring, and networking opportunities to develop and commercialize cutting-edge technologies for use in defense applications.