Smart City Innovation: A*STAR & ST Engineering Sign MOU
25 Jul 2019
From left to right: Mr. Harris Chan- Chief Digital Officer and Chief Technology Officer- ST Engineering; Mr. Frederick Chew- Chief Executive Officer- A*STAR; Mr. Vincent Chong- President & CEO- ST Engineering; and Professor Tan Sze Wee- Executive Director- Science and Engineering Research Council- A*STAR
SINGAPORE – The Agency for Science- Technology and Research (A*STAR) and ST Engineering have signed a memorandum of understanding to co-develop innovative solutions for smart cities.
This long-term partnership will focus on technology co-development- adoption and commercialisation in four key areas: robotics- smart mobility- smart communications and healthtech. Examples of technologies that will be focused on include advanced material-handling robots for robotics; all-weather autonomous vehicles for smart mobility; satellite communications and the Internet of Things for smart communications; as well as intelligent workflows and analytics for healthtech. A*STAR will pull technological capabilities from across its research institutes to co-develop innovative solutions with ST Engineering. The partnership will drive new business outcomes in Singapore and in overseas markets for ST Engineering and its small and medium-sized enterprise (SME) partners.
“A*STAR is committed to strengthening local enterprises such as ST Engineering- in particular to expand its overseas markets through digital innovation and deep tech. A*STAR has had a close partnership with ST Engineering since the early 2000s – today’s MOU serves to bring our partnership to the next level. I am confident that this collaboration will create new opportunities within the local ecosystem in Singapore- and exciting opportunities for ST Engineering’s SME partners in overseas markets-” said Mr. Frederick Chew- Chief Executive Officer- A*STAR.
“This MOU with A*STAR serves as another collaboration platform for us to work with some of the best minds in research and engineering to create differentiated- commercially viable smart city solutions that will further enhance our global competitiveness-” said Mr. Vincent Chong- President & CEO of ST Engineering. “It also builds on our commitment to build a strong ecosystem involving our local enterprises so that collectively and individually- we can make our mark globally for innovative solutions.”
About the Agency for Science- Technology and Research (A*STAR)
The Agency for Science- Technology and Research (A*STAR) is Singapore's lead public sector agency that spearheads economic oriented research and development. As a Science and Technology Organisation- A*STAR bridges the gap between academia and industry. Our research creates economic growth and jobs for Singapore- and enhances lives by contributing to societal benefits such as improving outcomes in healthcare- urban living- and sustainability. Through open innovation- we collaborate with our partners in both the public and private sectors to benefit society. A*STAR’s R&D activities span biomedical sciences and physical sciences and engineering- with research entities primarily located in Biopolis and Fusionopolis. A*STAR also plays a pivotal role in nurturing scientific talent and leaders for the wider research community and industry. For ongoing news- visit www.a-star.edu.sg.
About ST Engineering
ST Engineering is a global technology- defence and engineering group specialising in the aerospace- electronics- land systems and marine sectors. The Group employs about 22-000 people across offices in Asia- the Americas- Europe and the Middle East- serving customers in the defence- government and commercial segments in more than 100 countries. With more than 500 smart city projects across 70 cities in its track record- the Group continues to help transform cities through its suite of Smart Mobility- Smart Security and Smart Environment solutions. Headquartered in Singapore- ST Engineering reported revenue of $6.7b in FY2018 and it ranks among the largest companies listed on the Singapore Exchange. It is a component stock of the FTSE Straits Times Index- MSCI Singapore- SGX ESG Transparency Index and SGX ESG Leaders Index. For more information- please visit www.stengg.com.