Hyper Stealth will develop IMCS to provide high-level concealment and mobility to military units.
New Delhi: March 16, 2023: Hyper Stealth Technologies Pvt. Ltd., an Indian Angel Network (IAN) portfolio company specializing in manufacturing stealth management solutions for camouflage and concealment in the defense sector, has announced that it has received its first final order of the Integrated Mobile Camouflage System (IMCS) from the Indian Army. The order was received under the umbrella of the Indian Defense Expo (IDEX)-DIO startup program in the presence of the Deputy Chief of the Army, the Secretary from the Ministry of Defense, Officers from ADB, and the Chairman of iDEX-DIO.
The IMCS will be developed by Hyper Stealth to provide high-level concealment and mobility to military units. The technology can be used by all the 3 forces that include aircraft, frigates and submarines. It utilizes a modular approach, making it easy to integrate with existing military equipment and technology, and can blend into various environments, including desert, jungle, and urban terrain. The “Stealth & Camouflage” market is more than USD 1 Billion in India itself and by bagging this prestigious order Hyper Stealth plans to be a true disrupter in this market.
The final order from the Indian Army is a significant milestone for Hyper Stealth, as it validates the practicality and effectiveness of the IMCS in real-world military scenarios. It will also mark the first sale of the IMCS to any military organization.
“We are honored and excited to have received the First order in the history of idex -dio from the Indian Army. It is the hard work and dedication of our in-house experienced research, development, and manufacturing team for producing the latest Stealth solutions against modern warfare surveillance sensors.” said Mr. Manish Dalmia, Founder at Hyper Stealth Technologies”.
Our portfolio company, Hyper Stealth, is providing the Ministry of Defense with the Integrated Mobile Camouflage System (IMCS) which utilizes disruptive technology to offer stealth capabilities against a wide range of modern warfare sensors. We take great pride in their contributions and honored to have them in IAN’s portfolio”, said Pradeep Gupta, Co Founder IAN & lead investor of Hyperstealth along with Ajai Chowdhry.
The IDEX-DIO startup program is an initiative of the Indian government aimed at supporting startups in the defense and aerospace sectors. The program provides funding, mentoring, and networking opportunities to selected startups, allowing them to develop and commercialize cutting-edge technologies for use in defense applications.
About Hyper Stealth Technologies:
Hyper Stealth Technologies Pvt. Ltd. is a leading company in providing Stealth Signature Management solutions for camouflage and concealment. HSTPL has in-house experienced research, development and manufacturing team for producing latest stealth solutions against modern warfare surveillance sensors. HSTPL products fully comply with the stringent specifications of the Defense Forces.
Indian Angel Network is India’s first and world’s largest business angel network with close to 500 members across the world, comprising the who’s who of successful entrepreneurs and dynamic CEOs. With investors from 12 countries, IAN’s presence spans 7 locations, which includes cities in India and the UK. The network is sector agnostic and has funded start-ups across 19 sectors in India and 7 other countries growing global footprint companies. With an excellent track record, IAN has been giving excellent cash exits year-on-year to its investor members, for the last 12 years. Some of its marquee investee companies include Druva, Spinny, Box8, Uniphore, WOW Momos, Consure, Fareye, NOCCARC, Propelld, Skit.ai Dhruva Space, Webengage, Farmart, Planet Sparks, amongst many others.
Along with the IAN Fund, an INR 375 crore VC fund, BioAngels and now IAN Alpha Fund, IAN has created the single largest platform for seed and early-stage investing, enabling entrepreneurs to raise from Rs. 25 lakhs to Rs. 50 crores.