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ST Electronics Secures S$151 Million Worth of Contracts in First Quarter
April 4, 2013
Singapore Technologies Engineering (ST Engineering) has announced that its electronics branch, Singapore Technologies Electronics (ST Electronics) has secured approximately 151 million Singapore dollars worth of contracts for rail electronics, satellite communications (satcom) and smart utility projects in the first quarter of 2013 (1Q2013).
The company’s satcom and sensor business secured contracts worth about 78 million Singapore dollars in the first quarter for the supply of products and network infrastructure including Agilis Very Small Aperture Terminal (VSAT) and earth station equipment, iDirect satellite hubs and routers for e-Government, cellular backhaul and maritime VSAT solutions.
ST Electronics has benefited from the successful launches of new High-Throughput Satellites (HTS), which have given rise to improved speeds at lower service costs, accelerating satcom adoption on a broader scale by many industries.
In the rail electronics and intelligent transportation market, the company won approximately 65 million Singapore dollars for mass rapid transit (MRT) projects in Malaysia, Taiwan and North America.And, in the area of smart utilities solutions, ST Electronics won contracts worth about 8 million Singapore dollars to implement and support a Customer Information System and an Advanced Metering Infrastructure solution.
April 4, 2013
Singapore Technologies Engineering (ST Engineering) has announced that its electronics branch, Singapore Technologies Electronics (ST Electronics) has secured approximately 151 million Singapore dollars worth of contracts for rail electronics, satellite communications (satcom) and smart utility projects in the first quarter of 2013 (1Q2013).
The company’s satcom and sensor business secured contracts worth about 78 million Singapore dollars in the first quarter for the supply of products and network infrastructure including Agilis Very Small Aperture Terminal (VSAT) and earth station equipment, iDirect satellite hubs and routers for e-Government, cellular backhaul and maritime VSAT solutions.
ST Electronics has benefited from the successful launches of new High-Throughput Satellites (HTS), which have given rise to improved speeds at lower service costs, accelerating satcom adoption on a broader scale by many industries.
In the rail electronics and intelligent transportation market, the company won approximately 65 million Singapore dollars for mass rapid transit (MRT) projects in Malaysia, Taiwan and North America.And, in the area of smart utilities solutions, ST Electronics won contracts worth about 8 million Singapore dollars to implement and support a Customer Information System and an Advanced Metering Infrastructure solution.