RRP S4E is pleased to announce an exceptionally promising start to
the financial year.
We have secured multiple opportunities to execute supplies in the first quarter,
achieving almost 70% of the previous annual turnover. This substantial accomplishment
includes the supply of our flagship product, PR 82 Thermal Sights.
With these new orders, we expect to surpass the Rs 75 crore revenue mark this financial
year.
On the technology front, RRP has been privileged to receive a unique Transfer of Technology (ToT) from Esc Baaz, Israel, for the Cooled Detector Technology an innovation crucial for the current market. This breakthrough will enable RRP to offer Long Range Cameras capable of detecting targets at distances up to 25 km at night, significantly enhancing our product offerings.
In a landmark development, MEPROLIGHT, Israel, a global leader in
Electro-Optics (EO)
and an associate of the SK Group Israel, has signed an MoU to shift the production and
assembly of four of their products to the RRP S4E premises at Mahape.
This partnership is set to multiply our revenue significantly. The assembly lines are
currently being set up, with production expected to commence by October 2024 . A press
release detailing this exciting collaboration is scheduled for mid-June 2024 .
More exciting news will follow in our next bulletin. Stay tuned and continue to support us as we aim for greater heights and quantum leaps in our journey!
