Chennai-based Big Bang Boom Solutions (BBBS), a defence tech startup, has bagged a Rs 1.5 crore grant for winning the ‘See Through Armor’ challenge by the Ministry of Defence under iDEX (Innovations for Defence Excellence).
As a winner, the startup gets a chance to co-develop the solution along with the Indian Army, and a grant of Rs 1.5 crore. The startup will invest part of the grant money into a hedge fund to generate higher returns.
DISC 1 Winners Announced@India_iDEX selects 28 winners for 9 Defence India Start Up Challenges of Navy and Army. Air Force under evaluation. Winners intimated for next steps. Kudos@drajaykumar_ias @DefProdnIndia @DefenceMinIndia @SpokespersonMoD @AIMtoInnovate @startupindia pic.twitter.com/OCLmomXhar— Sanjay Jaju (@sjaju1) March 9, 2019
DISC 1 Winners Announced@India_iDEX selects 28 winners for 9 Defence India Start Up Challenges of Navy and Army. Air Force under evaluation. Winners intimated for next steps. Kudos@drajaykumar_ias @DefProdnIndia @DefenceMinIndia @SpokespersonMoD @AIMtoInnovate @startupindia pic.twitter.com/OCLmomXhar
— Sanjay Jaju (@sjaju1) March 9, 2019
Founded in may 2018, by SRM University alumni Praveen Dwarakanath and Shivaraman Ramaswamy, BBBS have come up with a way to use augmented reality (AR) and virtual reality (VR) technologies to provide enhanced visual and artificial Inttelligence (AI) based intelligence cues to tank crews. The startup expects it to be a gamechanger in the battlefield.
Detailing out its entry at iDEX, Praveen, CEO & Co-founder of BBBS, said in a media release that the chosen solution can offer situational awareness to a soldier sitting in an armoured tank. When the soldier is in an armoured tank, they have visibility only about what’s in front of them. Our solution gives the tank crew an ability to move naturally and almost feel that the armour around them is invisible.
The extension of the chosen solution will also be implemented into unmanned vehicles and other technologies of the future.
In addition to this, BBBS is working on several high end technologies including new materials in Armor, Electronic warfare solutions, Drone Technologies and Armor piercing incendiary rounds.
Launched in April last year, iDEX aims to engage with micro, small and medium enterprises (MSMEs), start-ups, individual innovators, research and development (R&D) institutes and academia, and provide them grant and other support to carry out R&D for solutions that have potential for future adoption.
The Startup, which has recently raised funds in the form of convertible notes, works with researchers for developing these solutions, and the Intellectual Property (IP) of the solution resides with the company.
BBBS is working on several high-end technologies including new materials in armour, electronic warfare solutions, anti-drone technologies and armour piercing incendiary rounds. The company is also one of the finalists in the Illegal Usages of Drones Category of iDEX – the results of which are expected in a few weeks.
Source – Outlook India, DDPMOD.gov.in (PDF)
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