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, according to a press release.
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 seeks to 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 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 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.”