AXISCADES Wins New ESAI Contract Through Mistral Solutions

27 Jan 2026 CW Team

AXISCADES Technologies Limited, a chip-to-product company with expertise in aerospace, defence, electronics, semiconductor and artificial intelligence (ESAI) applications, has announced new contract wins in its ESAI division through its subsidiary, Mistral Solutions.

The strategic contract relates to the testing of audio products for a hyperscaler customer at Mistral’s newly established Acoustic Lab at the Aeroland facility in Bengaluru. The pilot order is multiyear in nature and valued at approximately $1 million, with the potential to generate further opportunities in innovative audio product development.

The small form factor audio products under testing are characterised by advanced spatial audio processing, custom silicon for enhanced noise cancellation and seamless integration with artificial intelligence to enable proactive, ambient AI-driven user experiences. The engagement reflects the growing demand for sophisticated audio technologies across global technology platforms.

Commenting on the development, Manikandan, Chief Executive Officer of Mistral Solutions, said the contract was the result of sustained efforts to expand beyond the traditional Texas Instruments and Qualcomm ecosystems and to add global technology majors to the company’s customer base. He added that the establishment of dedicated facilities for global customers is central to building long-term strategic relationships and strengthening Mistral’s position in the global ESAI value chain.

The new contract reinforces AXISCADES’ strategy of strengthening its technological capabilities and diversifying its customer portfolio, positioning the company for sustained growth in high-value engineering and digital technology segments.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..