Apollo Micro Systems Soars 5% on DRDO Approvals for DEW Tech

• Apollo Micro Systems stock surged 5%, hitting the upper circuit after securing two DRDO technology transfer approvals.
• Approvals are for a Laser-Based Directed Energy Weapon (DEW) System and an EO Tracking System for DEW.
• These transfers boost the company's DEW capabilities and align with India's 'Atmanirbhar Bharat' defense initiative.
• DEWs use high-powered lasers for rapid, precise military attacks against threats like UAVs, missiles, and small vehicles.
• The company reported Q3 FY25 standalone revenue of 225.27 crore rupees and a net profit of 33 crore rupees.

Why It Matters: DRDO tech transfers for DEW systems propel Apollo Micro Systems stock up 5%.