Monday, June 6, 2011

ST Engineering, NTU & DSO set up joint venture firm

ST Engineering, NTU & DSO set up joint venture firm
Posted: 31 May 2011 2221 hrs

SINGAPORE : ST Engineering has set up ST Electronics (Satellite Systems), a joint venture company, with Nanyang Technological University (NTU) and DSO National Laboratories.

The new company will design, develop and produce advanced earth observation satellites.

It said it would offer a more comprehensive suite of satellite and earth observation solutions and services to its customers.

Research, development and manufacturing of products and services for the satellites will be undertaken by DSO and NTU.

ST Electronics said the joint venture would develop and take satellite technologies in Singapore into the global market.

- CNA/al

- wong chee tat :)

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