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Bharat Electronics Limited (BEL) signed a contract with Hyperion Global Group on January 21, 2022, to develop, manufacture and supply IoT devices worth $73 million during the first year, with a potential $365 million in upgrades over five years.
“Bharat Electronics Limited (BEL), a Navratna Defence PSU, and Hyperion Global Group, LLC, an infrastructure telecommunication distribution company based in the USA, have entered into a contract to develop, manufacture and supply Internet of Things (IoT) devices for the US market.”bel-india.in
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