Altair Newsroom

News Releases

Altair and Mazagon Dock Shipbuilders Ltd. Announce Collaboration

Joint effort strengthens and expands the two companies’ established relationship

TROY, Mich., October 21, 2022 — 

Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence (AI), signed an agreement with Mazagon Dock Shipbuilders Ltd. (MDL) to collaborate in multiple simulation areas. In this collaboration, MDL will utilize Altair solutions for simulation-driven design and validation, structural fidelity calculations, shock and vibration assessments, hydrodynamic loading, electromagnetic simulation, and more. 

The collaboration agreement strengthens the relationship between the two companies, as MDL already utilizes various Altair solutions to develop its robust ship design and engineering offerings. Altair solutions are used extensively in the marine and maritime industries. Altair helps naval architects address complex engineering challenges and mitigate environmental risks associated with seagoing loads including structural, hydro, dynamic, thermal, and fatigue, as well as above surface and underwater weapon threats for the military and homeland security.

“We’re thrilled to continue our work with MDL,” said Panduranga Rao Chirala, senior vice president of strategic initiatives, Altair India. “Further and more extensive collaboration between Altair and MDL will lead to breakthroughs in marine and defense technology that make vessels safer and more efficient for their crews.”

Click here to learn more about Altair’s maritime industry capabilities.

About Mazagon Dock Shipbuilders Ltd. 

Mazagon Dock Shipbuilders Ltd. (MDL), Mumbai, an ISO 9001: 2015 company and one of the leading shipbuilding yards in India. Over the years, MDL has earned a reputation for quality work and established a tradition of skilled and resourceful service to the shipping world in general and the Indian Navy and Coast Guard. It was incorporated as a private limited company in 1934. Now, MDL is a public sector defense company under India’s Ministry of Defence. MDL’s main activities include warship, submarine, and merchant ship design and construction. The company has facilities in Mumbai and Nhava, and utilizes the latest CAD/CAM/CIM software design technology to stay abreast of the latest advances in maritime and defense technology. For more information, visit 

About Altair

Altair is a global leader in computational science and artificial intelligence (AI) that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. For more information, visit


Media Contacts

Press Inquiries


Bridget Hagan

[email protected]

Europe/Middle East/Africa

Charlotte Hartmann

[email protected]

Asia Pacific

Man Wang

[email protected]

Investor Relations

The Blueshirt Group

Monica Gould & Lindsay Savarese

[email protected]