Apollo Micro Systems Surges 5% on Twin DRDO Approvals for Advanced DEW Tech

• Apollo Micro Systems shares surged 5% after receiving two DRDO approvals for Directed Energy Weapon (DEW) technology transfers.
• Approvals include ToT for multi-channel 10kW laser DEW systems and EO Tracking Systems with EO Sensors for DEW.
• These technologies enhance Apollo Micro's capabilities in DEW sub-systems, supporting India's defence indigenization efforts.
• MD Karunakar Reddy stated DEW tech complements ongoing anti-drone system development for Indian Armed Forces.
• Separately, shareholders rejected related party transactions worth nearly ₹500 crore, 90% of FY25 revenue.

Why It Matters: Apollo Micro Systems gains on DRDO DEW tech approvals, boosting defence indigenization efforts.