Singapore's Economic Development Board (EDB) has inked an agreement with Luxembourg-based satellite operator, SES Global, to jointly develop technologies for future networks.
Both organisations would "explore greater development and innovation" in satellite technologies, including hardware and software tools such as compact components for Internet of Things, according to a joint statement Friday.
The partners also would work with research institutes and industry partners in Singapore to design and build technologies for mobility applications in aeronautics, automotive, and maritime. The agreement would further facilitate collaboration between Singapore and Luxembourg universities and research institutions, enabling the development of next-generation satellite and radio communications technologies, they said.
Beh Kian Teik, executive director for EDB's space technology and industry office, said: "SES is a leading operator in the satellite communications market and will further boost the maturity of R&D in Singapore's space sector. This partnership also validates the growing capabilities of our space industry and the growing strength of our research institutions."
Deepak Mathur, SES's Asia-Pacific and Middle East senior vice president of commercial, added: "Singapore has been home to SES in Asia for the past 15 years and is an important centre for our business... We are excited to play a role in further developing the emerging local space and satellite sector and realising Singapore's space aspirations."