<p class="MsoNormal"><span style="font-size:14.0pt;line-height:115%;font-family:

&quot;Times New Roman&quot;,serif">Accelerating the domestic development of advanced

deep-tech solutions for the maritime sector, state-run defense major Cochin

Shipyard Limited (CSL) has finalized critical equity investments in three

homegrown startups. Disbursed under the mini-ratna company's flagship

"USHUS" maritime startup framework, the strategic funding round aims

to foster early-stage engineering innovation and scale scalable digital

platforms to advance India's position in global maritime technology.<o:p></o:p></span></p>

<p class="MsoNormal"><span style="font-size:14.0pt;line-height:115%;font-family:

&quot;Times New Roman&quot;,serif">The seed-capital deployment creates an institutional

runway for technical founders, directly linking commercial shipyard pipelines

with automated maritime software and electronic hardware innovations.<o:p></o:p></span></p>

<p class="MsoNormal"><span style="font-size:14.0pt;line-height:115%;font-family:

&quot;Times New Roman&quot;,serif">The funding agreements were officially signed at CSL's

corporate headquarters in Kochi by senior administrative directors alongside

the leadership teams of the selected technology ventures. Under the operational

terms of the USHUS programme, the capital injection targets high-growth

startups addressing critical operational challenges in vessel fleet management,

remote asset diagnostics, and maritime electronic hardware:<o:p></o:p></span></p>

<ul style="margin-top:0cm" type="disc">

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Sea6

Energy:</span></b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif"> Focusing on specialized applications

to scale automated industrial maritime harvesting systems.<o:p></o:p></span></li>

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">EyeROV

(IROV Technologies):</span></b><span style="font-size:14.0pt;line-height:

115%;font-family:&quot;Times New Roman&quot;,serif"> Developing advanced underwater

robotics and autonomous tethered drones designed to perform high-precision

hull inspections and subsea asset tracking.<o:p></o:p></span></li>

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Zandu

Technologies:</span></b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif"> Building automated shipboard

monitoring platforms and intelligent hardware to minimize transit

downtime.<o:p></o:p></span></li>

</ul>

<p class="MsoNormal"><span style="font-size:14.0pt;line-height:115%;font-family:

&quot;Times New Roman&quot;,serif">To ensure long-term commercial success and operational

scalability, the USHUS initiative provides the tech ventures with a

comprehensive incubation structure and deep technical resources:<o:p></o:p></span></p>

<ul style="margin-top:0cm" type="disc">

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Product

Validation &amp; Testing:</span></b><span style="font-size:14.0pt;

line-height:115%;font-family:&quot;Times New Roman&quot;,serif"> Selected startups

gain direct access to CSL’s expansive dockyard infrastructure, fabrication

facilities, and engineering laboratories to rigorously stress-test and

refine prototypes under real-world maritime conditions.<o:p></o:p></span></li>

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Strategic

Mentorship:</span></b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif"> CSL's senior marine architects,

naval engineers, and digital systems specialists provide direct, hands-on

guidance to align emerging products with strict international maritime

classification standards.<o:p></o:p></span></li>

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Global

Access Pipeline:</span></b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif"> By integrating into CSL's extensive

network of domestic and international shipowners, commercial fleets, and

port operators, the startups gain a direct path to land enterprise-level

pilot projects and commercial contracts.<o:p></o:p></span></li>

</ul>

<p class="MsoNormal"><span style="font-size:14.0pt;line-height:115%;font-family:

&quot;Times New Roman&quot;,serif">For Cochin Shipyard Limited, this strategic investment

aligns with the Union Government's "Startup India" and "Maritime

Amrit Kaal Vision 2047" directives, which aim to systematically build a

self-reliant maritime technology ecosystem. By funding, incubating, and scaling

localized deep-tech solutions, the public-sector defense shipyard reduces the

domestic industry's reliance on imported maritime software, sensors, and

electronic sub-assemblies. Industry analysts view the capital deployment as a

major milestone for India's blue economy, transforming the country's oldest

shipbuilder into a key engine for digital maritime enterprise.<o:p></o:p></span></p>