Zen Technologies Launches AI-Powered Robots; Shares Locked In 5% Upper Circuit
The company also launched four new IP-owned innovative defence products for global security in collaboration with its subsidiary, AI Turing Technologies.
![<div class="paragraphs"><p>Zen Mortar Integrated Simulators designed by Zen Technologies Ltd. (Source: Company website)</p></div>](https://media.assettype.com/bloombergquint%2F2023-10%2F709da326-b191-4ff7-8a4f-68ecf532edce%2FZen_Mortar_Integrated_Simulators_designed_by_Zen_Technologies_Ltd___Source_Company_website_.png?rect=0%2C0%2C788%2C443&auto=format%2Ccompress&w=200)
Shares of Zen Technologies Ltd. were locked in 5% upper circuit on Monday after its introduced AI-powered robots and launched four products for the global defense market.
The company said its IP-owned innovative defense products in collaboration with its Pune-based subsidiary, AI Turing Technologies, cater to a wide range of defence requirements, empowering forces with unmatched tactical superiority and enhanced operational efficiency, according to an exchange filing on Monday.
More About The Products
Hawkeye: It provides an anti-drone system camera with multiple sensor detection modules for all-weather drone tracking up to 15 km. It ensures continuous threat detection and enhanced security.
Barbarik: It is the world's lightest remote-controlled weapon station, providing precise targeting capabilities for ground vehicles and naval vessels. It also maximises battlefield effectiveness while reducing personnel risk.
Prahasta: It is an automated quadruped that utilises LIDAR and reinforcement learning to understand and create real-time 3D terrain mapping for unparalleled mission planning, navigation, and threat assessment.
Sthir Stab 640: The Sthir Stab 640 is a rugged stabilised sight designed primarily for armoured vehicles, ICVs, and boats. It features an intelligent fibre-optic gyro-stabilised system, providing exceptional situational awareness with automatic search and tracking capabilities.
![Zen Technologies Launches AI-Powered Robots; Shares Locked In 5% Upper Circuit](https://media.assettype.com/bloombergquint%2F2024-07%2Fdc5961cb-17b3-48b0-b0b6-3abedeb527b1%2FZENTEC%20(1).png?auto=format%2Ccompress)
Shares of Zen Technologies were locked in the 5% upper circuit of Rs 1,360.95 apiece on the NSE. That compares with 0.33% gains in the benchmark Nifty 50.
The stock has surged 123.66% in the last 12 months and 71.27% on a year-to-date basis. The relative strength index was at 63.98.