Berg Propulsion
Tracked across 2 events · 12 articles · First seen Jul 12, 2026 · Last active Aug 16, 2026
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Business
Impact: Berg Propulsion is the acquired company, gaining access to Kongsberg Gruppen — Kongsberg Maritime's global scale and service network. The deal values the company at a similar EV/EBITDA multiple to Kongsberg Gruppen — Kongsberg Maritime.
Jul 12, 2026 · 6 articles
Domestic
On 11 August 2026, Kawa UAV Pvt. Ltd. (HoverIt) successfully conducted the maiden flight of Divyastra Mk3, India's first indigenous jet-powered loitering munition. The system is powered by an indigenous jet engine developed by Berg…
Impact: Berg Propulsion developed the indigenous jet engine powering the Divyastra Mk3, a key technological achievement that strengthens its position in the defence propulsion market.
Aug 16, 2026 · 6 articles
80
Berg Propulsion developed jet engine Kawa UAVIndia's first jet-powered...
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