ST Engineering and IHI have signed a Memorandum of Understanding (MOU) in partnership to support greater adoption of smart and sustainable solutions to build a greener future and help customers achieve sustainability goals. The companies will draw upon combined strengths in technology and engineering to jointly pursue opportunities in urban solutions, energy management and hydrogen technology, ammonia solutions, and space data applications.

Under the MOU, ST Engineering and IHI will explore the application of their smart and sustainable solutions in new use cases and markets. Leveraging combined expertise and resources, they will co-develop new technologies and solutions that address market needs, and engage with key industry stakeholders for knowledge sharing to accelerate learning curves and encourage wider adoption. These efforts aim to address urban issues such as road congestion, enable increased use of clean energy, and allow impact of climate action to be more effectively measured and monitored through the use of remote data.

This MOU collaboration would allow ST Engineering and IHI to pave the way for a greener future and introduce solutions that will enable our customers to achieve their sustainability goals.

　
　　
ABOUT ST ENGINEERING
ST Engineering is a global technology, defence and engineering group with a diverse portfolio of businesses across the aerospace, smart city, defence and public security segments. The Group harnesses technology and innovation to solve real-world problems, enabling a more secure and sustainable world. Headquartered in Singapore, it has operations spanning Asia, Europe, the Middle East and the U.S., serving customers in more than 100 countries. ST Engineering reported revenue of $9b in FY2022 and ranks among the largest companies listed on the Singapore Exchange.
For more information, please visit https://www.stengg.com/

ABOUT IHI CORPORATION
IHI is a preeminent Japanese integrated heavy industry group that originated with the establishment of the nation’s first modern shipyard in 1853. It leveraged its shipbuilding technology to expand into onshore machinery, bridge, plant, aero-engine, and other manufacturing fields. IHI has provided an array of solutions in recent years. These are principally in the Resource, Energy and Environment; Social Infrastructure and Offshore Facilities; Industrial Systems and General-Purpose Machinery; and Aero Engine, Space and Defense business segments. In power generation, the Company manufactures boilers and gas turbines for thermal power plants. It is developing technology for ammonia co-firing and 100% firing and is constructing carbon-free fuel ammonia supply chain to help decarbonize the economy.
For more information, please visit https://www.ihi.co.jp/en/

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