Automation solutions supplier Dynalog raises USD 2.4 Mln

By Bhalchandra Chorghade, Editor, CNCTimes.com

Dynalog India, which supplies intelligent and rugged defence and industrial automation solutions, has raised USD 2.4 million (Rs 18 crore) from Maharashtra Defence & Aerospace Venture Fund backed by IDBI Capital.

For over three decades, Dynalog has been a prime supplier of turnkey solutions for ground-based static, mobile, airborne, and naval applications ranging from missile launcher controllers to electronic warfare and communication systems.

Apart from the defence sector, Dynalog also has a robust portfolio of clients engaged in industrial and factory automation, surveillance, oil & gas, power and transportation sectors, Dynalog India Managing Director Akshay Adhalrao, said in a statement.

The company has contributed to several prestigious missile programs such as Brahmos, Akash, Agni II, Shaurya and Pralay. It counts defence PSUs, DRDO Labs, and other system integrators as its clients.

https://www.latestly.com/agency-news/latest-news-business-briefs-defence-automation-solutions-supplier-dynalog-raises-usd-2-4-mln-3608351.html

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Automation solutions supplier Dynalog raises USD 2.4 Mln

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