SIA Engineering to invest up to S$50m in innovation, technology adoption projects
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
SIA Engineering Company Limited (SIAEC) said it will invest up to S$50 million over the next few years on innovation initiatives and technology adoption projects in aerospace maintenance, repair and overhaul (MRO), with the support of the Singapore Economic Development Board (EDB).
SIAEC will collaborate with airlines, research institutions and technology partners to develop new innovations and solutions to serve the future MRO needs of airline customers. Key areas of technologies to be explored include additive manufacturing, robotics and data analytics.
"We are investing for the future by identifying and gaining competencies in emerging technologies that will be an integral part of the MRO industry in the next 10 years," said Png Kim Chiang, chief executive officer of SIAEC.
"These investments are aimed at developing innovative solutions to enhance airline customers' fleet operating efficiencies and reliability, whilst creating higher levels of productivity and process improvements in our business."
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities
