Defense Business and Industry

MDAVF's Investment in Atom Alloys Enhances Fuel Safety and Defense

The Maharashtra Defence and Aerospace Venture Fund (MDAVF), managed by IDBI Capital Markets & Securities Ltd., has strategically invested in Atom Alloys India Pvt Ltd, a pioneer in developing explosion-resistant fuel storage technology. This innovative, sensor-less system autonomously neutralizes explosion risks, enhancing India’s defense resilience amid evolving threats, particularly highlighted during Operation Sindhoor. Atom Alloys, recognized with a National Start-up Award, represents a critical step in safeguarding energy infrastructure, emphasizing the importance of passive defense systems in national security. Amey Belorkar of IDBI Capital underscores this investment as pivotal for advancing the future of energy and defense safety in India.

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