AXISCADES’ Mistral Acquires Altera Tech for Advanced Defense Computing

11 Mar 2025 CW Team

Mistral Solutions, a subsidiary of AXISCADES Technologies, has announced a strategic partnership with Altera (an Intel company) to advance high-performance computing solutions for defense applications. The collaboration will leverage Altera Agilex™ 9 Direct RF FPGA technology to enhance mission-critical aerospace and defense systems.

The announcement was made at the Bengaluru seminar, Advancing Mission-Critical Applications with Altera’s Direct RF FPGAs, attended by industry leaders from DRDO, ISRO, HAL, and BEL. Dr. B.K. Das, DG ECS, DRDO, emphasized the role of industry partnerships in defense innovation.

During the event, Mistral unveiled its 3U VPX SOSA™-aligned processing cards, featuring ultra-low latency, real-time data acquisition, and high-throughput computing. The company also outlined a roadmap for new products utilizing Altera Agilex™ 9 technology, targeting applications in electronic warfare, radar systems, 5G/6G infrastructure, and aerospace signal processing.

Mistral’s CEO, D. Murali Krishnan, highlighted the partnership’s potential to drive indigenous defense innovation. Altera’s John Sotir noted that Agilex 9 Direct RF FPGAs bring critical size, weight, and power advantages for next-gen aerospace and defense applications.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..