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ST Electronics eyeing US$6.6b global USV market

Published Sun, Jun 25, 2017 · 09:50 PM
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Singapore

THE global market for unmanned surface vessels (USVs) is worth up to US$6.6 billion up until 2026.

That is the value of the market the electronics arm of ST Engineering stands to unlock through its Venus USV technology, according to a forecast from Jane's, a defence intelligence provider.

By the end of 2017, ST Electronics will complete the full-scale development of the Venus USV for military and paramilitary purposes.

This puts Singapore's naval force on track to transition to fully unmanned mine counter-measure op…

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