Iran Defense Ministry to Invest $87m in Tech Firms

Iran’s Defense Ministry plans to invest 10 trillion rials ($87.7 million) in local knowledge-based companies active in the field of defense technologies.
The investment will be made in collaboration with the Vice Presidential Office for Science and Technology during the next fiscal year (starting March 20, 2019).
During a meeting on Saturday, Defense Minister General Amir Hatami and Vice President for Science and Technology Sorena Sattari signed a deal in this regard, ISNA reported.