Maharashtra Defence and Aerospace Venture Fund (MDAVF) Invests in Atom Alloys: A Strategic Leap in Fuel Infrastructure and Defence Resilience

In a landmark move to enhance India’s defence resilience and infrastructure safety, the Maharashtra Defence and Aerospace Venture Fund (MDAVF) has invested in and partnered with Atom Alloys India Pvt Ltd, a deep-tech pioneer that has developed a disruptive, patented solution for Drone, Fire, and Explosion-Resistant Fuel Storage and Transportation.

Atom Alloys was recently honoured with the National Start-up Award by the Government of India in the Deep Tech – Safety & Security category, reinforcing its status as a nationally recognised innovator in infrastructure protection.

The strategic investment, facilitated by IDBI Capital Markets & Securities Ltd, investment manager to MDAVF, marks a pioneering effort by the Indian government to back technologies that passively prevent explosions across fuel systems, including LPG tanks, diesel tankers, petrol reservoirs, and renewable fuel containers.

At the heart of Atom Alloys' innovation is a sensor-less, chemical-free, embedded material system that autonomously neutralizes explosion risks even under extreme conditions. This next-generation safety technology has been rigorously validated across military and commercial platforms, demonstrating its ability to prevent explosions following projectile impact, sabotage, or catastrophic failure.

Mr. Amey Belorkar, Senior Vice President, IDBI Capital Markets & Securities Ltd., speaking about the investment, said, “Atom Alloys is setting new benchmarks in infrastructure protection. At IDBI Capital, we see this as more than an investment; it’s a strategic commitment to safeguarding the lifelines of national security. Their award-winning, passive explosion-resistant technology represents exactly the kind of deep-tech innovation India must champion to lead in energy and defence safety. We are proud to facilitate this partnership through MDAVF and support a company redefining the future of fuel resilience.”

Speaking on the innovation, Mr. Vikram Jain, Assistant Vice President, IDBI Capital Markets & Securities Ltd., “At IDBI Capital, we believe innovation must serve both purpose and precision—Atom Alloys embodies that balance. Their breakthrough technology not only redefines fuel safety but also aligns with our vision to invest in solutions that solve high-impact national challenges. This investment reflects our continued commitment to backing future-ready, deep-tech ventures.”

A senior analyst from a national defence think tank, speaking about Atom Alloy’s technology said, “This technology doesn’t just put out fires, it stops explosions from ever happening, even during high-risk operations. That makes it a game-changer for India’s security infrastructure.”

The investment comes amid a renewed national focus on securing energy infrastructure from evolving threats, including vulnerabilities exposed during Operation Sindhoor, which highlighted the need for passive defence systems capable of withstanding sabotage, aerial attacks, and battlefield scenarios.