Indian Origin Rangsons Aerospace to Acquire Israeli Sitcom Space

By: Asia Business Outlook Team | Monday, 02 June 2025

Rangsons Aerospace is planning to acquire the Israeli Sitcom space
This move from the company comes due to its global expansion motive
Rangsons has been providing effective services to DRDO, the Indian Army, ISRO and several other global aerospace major

Rangsons Aerospace, an Indian based company is expanding its global presence. As part of this expansion, Aerospace Company is planning to acquire Israeli sitcom space. This expansion plan comes after the company's revelation that companies project exports are expected to grow up to 60 percent in the next three to four years. Currently, the company is making a total revenue of 50 percent.

Managing director and CEO of Rangsons Aerospace, Pavan Ranga said, “We have embarked on an acquisition in Israel in the sitcom space and are also exploring another in the US to bring in core aerospace technologies. We are expecting to close this year with a topline of around Rs 250 crore, growing at 80-90 percent year-on-year.”

Rangsons had successfully raised Rs. 300 crore in a funding round led by ValueQuest, which was conducted earlier in March. This fund will further facilitate the company's scale operations, drive growth, and expand into international markets. The company has an R&D setup in Bengaluru which will be acquiring international technologies through effective partnerships at timely acquisition of companies.

Rangsons has expertise of different caliber, starting from communications operations, and thermal management solutions for different systems like missiles, drones, UAVs, aircraft, helicopters, submarines, and space applications. The company has been delivering high precision mechanical and electromechanical components to Boeing, Airbus, ISRO, Indian Army, DRDO and several global aerospace majors.

Rangsons is part of NR Group. Currently, the company has major exports to the US and Europe. With its global expansion idea, the company is looking forward to establishing itself in parts of West Asia and Far East Asia.