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Data Patterns (India) Limited Regulatory Filings 2023

Oct 16, 2023

59610_rns_2023-10-16_c3887de0-d4a1-432c-9d0c-1236077fba5b.pdf

Regulatory Filings

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SEC/SE/068/2023-24 Date: October 16, 2023

To
National Stock Exchange of India Limited
Exchange Plaza, Bandra Kurla Complex,
Bandra(E),
Mumbai -400051
NSE Symbol- DATAPATTNS
To
BSE Limited
25thFloor, P.J. Towers,
Dalal Street,
Mumbai- 400 001
Company Code: 543428

Sub: Intimation of Press Release titled : DATA PATTERNS INKS STRATEGIC ToT AGREEMENT WITH INSPACe

Dear Sir/Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached the press release published by the Company today.

You are requested to take the above on record and oblige.

Thanking You.

For Data Patterns (India) Limited

R Digitally signed by PRAKA R SH PRAKASH

Prakash R

Company Secretary and Compliance Officer Membership No. A34652

Encl as above

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DATA PATTERNS INKS STRATEGIC ToT AGREEMENT WITH IN-SPACe

Chennai, October 16, 2023: Data Patterns (India) Limited (NSE: DATAPATTNS | BSE: 543428), a vertically integrated Defence and Aerospace electronics solutions provider, has announced a Licensing and Transfer of Technology (ToT) agreement with IN-SPACe , a single-window, independent, nodal agency that functions as an autonomous agency in the Department of Space (DoS). This agreement will provide Data Patterns with miniature SAR Radar capability.

The ToT agreement was signed by Mr. G. Kuppuswamy, Vice President, Data Patterns (India) Limited and Mr.Rajeev Jyoti, Technical Director, IN-SPACe and Mr.A.Arunachalam, Director, NSIL.

The technology has been developed at Space Applications Centre (SAC), ISRO and is the forerunner of ISRO's upcoming high resolution SAR satellite, the NISAR and made available for ToT to the industry by IN-SPACe.

Commenting on the partnership, Mr. G. Kuppuswamy said, “We are delighted to be associated with INSPACe. This technology will enable SAR radar development by Data Patterns, complementing the large portfolio of Radars already available from the company. Data Patterns expects to enhance this technology with its capability with Artificial Intelligence (AI) tools for object detection and classification. This alliance is also a step towards utilising India's space resources better and increasing space-based activities.”

With the Indian space ecosystem and economy opening up on account of major policy changes initiated by the Government of India, both Data Patterns and IN-SPACe will leverage their knowledge, expertise and skills to capitalise on the opportunities coming up.

About Data Patterns

Data Patterns’ core competencies include design and development across electronic hardware, software, firmware, mechanical, product prototype besides its testing, validation and verification. Its involvement has been across Radars, Underwater Electronics / Communication and Other Systems, Electronic Warfare Suites, Avionics, Small Satellites, Automated Test Equipment, COTS and programmes catering to Tejas Light Combat Aircraft, Light Utility Helicopter, BrahMos and other Defence Systems.

The company works closely with the defence PSUs such as Hindustan Aeronautics Ltd and Bharat Electronics Ltd as well as government organisations involved in defence and space research like DRDO and ISRO.

Based out of Siruseri, Chennai, Tamil Nadu, Data Patterns employs over 1000 people, and is among the top 500 listed companies in India.

About IN-SPACe

IN-SPACe promotes and develops Indian space ecosystem accelerating space economy. Enable and nurture NGEs to accomplish their ventures in space sector. It authorizes space operations and services in the country through a well-defined framework.