1 year ago
Brightcom Group Adds Missile Expert to Defence Advisory
Brightcom Group's stock is doing well, and they've hired Dr. Prahlada Ramarao, known for his work on the Akash missile, as an advisor.
He will help their new defence technology division, 'Brightcom Defence,' which focuses on things like AI-powered drones.
Brightcom is hoping to use its technology to help with national security.
However, the company has previously faced problems with financial reporting and is under scrutiny from the market regulator.
Brightcom Group shares rose for a fourth consecutive session.
Dr. Prahlada Ramarao, 'Father of the Akash Missile,' will advise the company.
Ramarao will guide Brightcom's defence technology division.
Brightcom recently launched 'Brightcom Defence' for aerospace intelligence.
The company has faced scrutiny from SEBI over financial reporting.
- Who
- Dr. Prahlada Ramarao and Brightcom Group.
- What
- Dr. Prahlada Ramarao will advise Brightcom Group.
- Where
- No specific location mentioned.
- When
- Announced recently.
- Why
- To strengthen Brightcom's focus on defence technologies.
Key facts
- Advisor
- Dr. Prahlada Ramarao
- Company
- Brightcom Group Ltd
- Brightcom Division
- Brightcom Defence
- Focus
- Next-generation aerospace intelligence and autonomous aerial defence software.
- SEBI Action
- Show-cause notice issued.
Quotes
Brightcom Group
The company
“It is a matter of immense honour and pride for Brightcom Group to announce that Prahlada Ramarao, Padma Shri (2015) award-winning defence scientist and widely regarded as the Father of the Akash Missile, will be advising M Suresh Kumar Reddy, Chairman & Managing Director of the company.”
businesstoday.in
“His guidance will provide invaluable direction to Brightcom Defence, our dedicated division focused on serving India’s national security goals.”
businesstoday.in
