AXISCADES Subsidiary Bags $1m Pilot Orders From Hyperscalers

08 Sep 2025 CW Team

AXISCADES Technologies Limited announced that its subsidiary, Mistral Solutions Private Limited, has secured pilot contracts worth around USD 1 million (Rs 83 million) from two of the world’s largest hyperscalers.

Though modest in scale, the company highlighted that the deals are strategically significant, offering annuity revenue streams and the potential for exponential growth.

As part of the initiative, Mistral will:

Develop production line testing equipment for global contract manufacturers linked to one hyperscaler.
Build development test apparatus for audio products associated with the other hyperscaler.

The design and development phase is expected to take 6–18 months.

To support delivery, AXISCADES is investing in world-class infrastructure in Bangalore, including an Acoustic Lab and a 3D printed PCB prototype facility, while also setting up a front-end engineering team in the United States.

The company stressed that these contracts demonstrate its capability to partner with global technology leaders, reinforcing its position in cutting-edge product development and testing solutions.

Would you like me to also create a short stock-market-style news brief (2–3 paragraphs) that could be used for business wires, alongside this full-length rewrite?

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08 Sep 2025

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