ST Electronics eyeing US$6.6b global USV market
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result