Lockheed Martin inks MoU with Chennai startup

Chennai: US global aerospace, defence security company Lockheed Martin has signed MoUs with Chennai-based startup Terero Mobility and Bengaluru-based startup NoPo Nanotechnologies for providing various technlogy services.

Kochi-based startup Sastra Robotics India Pvt Ltd has also signed an MoU with the firm, paving way for the robots produced by the Indian ventures to gain entry into avionics testing.

VP, Strategy and Business Development, Lockheed Martin Aeronautics, Vivek Lall, said, ‘The agreements attest to the commitment of Lockheed Martin to cultivate and integrate indigenous content into global systems and platforms. Through the agreement, we look to provide engineering support, mentoring, and assistance in the qualification of some of the technologies proposed, all of which contribute to our mission of making in India.’

NT Bureau