HOD HASHARON, Israel, March 22, 2016 — Electro-optical technology developer Controp Precision Technologies Ltd. has signed a cooperation agreement with system integration company Defsys Solutions Pvt. Ltd. of New Delhi, India, for the production and marketing of Controp’s devices in India. "We are delighted to partner with the Indian company, Defsys, a supplier of electro-optic solutions to the Indian Ministry of Defense,” said Dror Sharon, president and CEO of Controp. “The company has very advanced manufacturing facilities that will allow us to produce our products in India and thus meet the 'Make in India' policy promoted by the Indian government.” Controp’s M-STAMP payload is a miniature, lightweight, electro-optical, gyro-stabilized, airborne sensor designed to be carried by a miniature unmanned aerial vehicle for tactical "over-the-hill" reconnaissance in day or night. Courtesy of Controp. Launched by Prime Minister Narendra Modi in September 2014, “Make in India” is an initiative to encourage multinational and national companies to manufacture products in the country. “Controp has been active in India for more than 10 years,” Sharon said. “There is a significant need in India for our extremely popular intruder detection systems and camera payloads, which their unique technology characteristics make them good value for money solutions. We see the Indian market as strategic and with huge potential. [We] are very much ready to transfer knowledge and production to local industry." "We are proud to partner with Controp, a global leader in electro-optics, and to manufacture Controp’s unique solutions in India,” said Dmitry Bernadiner, executive director of Defsys. Controp develops and produces surveillance systems such as thermal imaging cameras and electro-optical infrared payloads for defense, paramilitary and homeland security applications. Defsys is a systems integration company that provides advanced solutions for defense and aerospace applications.