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Bharat Electronics Ltd (BEL) and Hyperion Global Group LLC entered into a contract for BEL to develop, manufacture, and supply IoT devices worth $73 million to Hyperion for the US market, with potential for $365 million in upgrades over five years.
“BEL will manufacture and supply IoT devices worth $73 million to Hyperion during the first year of commencement of supply”eetindia.co.in
Summarized from public sources; check the original articles before acting on it.