French company Naval Group has launched a research and development (R&D) centre of excellence in Singapore to develop world-class expertise for strategic naval defence research topics.
In June this year, the company organised Start We Up, an innovation marathon for local start-ups, SMEs and Naval Group experts to foster open innovation.
Naval Group develops disruptive technologies by investing 10% of its revenues in R&D efforts.
With this initiative, the company expects to boost Singapore’s research capability and turn the city-state into a centre of expertise for the maritime defence sector. The move will see Asia’s researchers and engineers study the latest innovative trends relevant to the sector.
The international collaborative platform intends to boost innovation in domains such as Big Data and artificial intelligence, create innovative technologies for the regional market, and support R&D efforts led by Singapore and France.
The company said that the opening of the centre of excellence strengthens the company’s cooperation with the Singaporean industry and academia to deliver best technologies through co-development processes aimed at improving the city-state’s sovereignty at sea.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
Naval Group senior executive vice-president Alain Guillou said: “As a long-term partner, Naval Group is committed to the development of R&D activities in Singapore.
“We are incredibly proud to create this R&D powerhouse in the beating heart of Asia. This centre of scientific research and development will serve strategic interests thanks to the rich ecosystem offered by Singapore combined with our 400 years of technological development.
“We are happy to share our expertise and know-how, to gain from them with the region’s brightest minds in order to solve the naval industry’s most critical operational challenges.
“I look forward to see how the co-developed technologies generated by Singaporean scientists will directly benefit to the city-state.”
Naval Group is an integrator of complex systems on modern platforms that designs, develops and manages the operational readiness of surface and underwater naval systems.