Zen Technologies jumps on securing patent for ‘Trigger Sensing System’

Zen Technologies is currently trading at Rs. 1796.05, up by 42.95 points or 2.45% from its previous closing of Rs. 1753.10 on the BSE.

The scrip opened at Rs. 1784.00 and has touched a high and low of Rs. 1799.00 and Rs. 1715.00 respectively. So far 27724 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1865.00 on 22-Aug-2024 and a 52 week low of Rs. 650.00 on 26-Oct-2023.

Last one week high and low of the scrip stood at Rs. 1865.00 and Rs. 1664.05 respectively. The current market cap of the company is Rs. 14989.29 crore.

The promoters holding in the company stood at 55.07%, while Institutions and Non-Institutions held 6.46% and 38.47% respectively.

Zen Technologies has secured the latest Indian Patent for its innovative ‘Trigger Sensing System’, a crucial component of the ‘TacSim’ range of products. This patent, granted on August 22, 2024, marks the 17th patent awarded to the company in the calendar year 2024 and the 7th in the financial year 2024- 25.

The ‘TacSim’ product line is renowned for its Force on Force Training Systems, designed to evaluate and enhance the operational capabilities of the defense forces. This latest patent is part of a suite of five patents related to the ‘TacSim’ range, which includes a Laser Unit, Indoor Tracking Unit, HE36 Grenade Simulator, Weapon Range Estimation System, and now, the Trigger Sensing System.

The ‘TacSim’ product line is scalable and can incorporate the participants of all three services engaged in an integrated joint training exercise on all types of terrain. Extremely versatile in employment, it is an exceptional training tool for realistic training of tri-service tactical groupings of integrated theatre commands.

The Trigger Sensing System, protected under the present Patent will be valid until October 22, 2030. This system provides an enhanced method for accurately detecting the point of trigger activation in various firearm simulators, ensuring precise and realistic training experiences. It incorporates advanced technologies that simultaneously sense multiple aspects of firearm recoil, including vibration, shock, and sound, thereby minimizing the scope for false triggers and enhancing training accuracy.

Zen Technologies is a pioneer in the design, development and manufacture of world class, state-of-the-art training simulators.