...our extensive suite of Smart City solutions and deep domain expertise, combined with a laser focus on technology leadership and customer excellence, will place us in a strong position to help cities pave their way to a more connected, resilient and sustainable future... Additionally, MEASAT has selected our Evolution-based satellite network to enhance connectivity services across Malaysia, while our solutions are enabling ComClark, NiAT and InterSAT to deliver critical connectivity for essential community services and education in Asia and Africa. As a strategic partner to Singapore’s space industry, we continued to contribute to its advancement by lending our expertise in satellite systems development and manufacturing to a consortium that is building and launching remote-sensing satellites. Our satellite imagery provided insights in maritime surveillance, forest hotspots detection and crop health analysis. Working with Brazilian plantation owners, our joint venture company ST Engineering Geo-Insights tapped on its AI-based GEOEARTH platform to accurately predict the optimal amounts of micronutrients required for precise areas over 5,000 hectares of land. This helped to optimise crop yield, improve efficiency and reduce greenhouse gas emissions. Collaborating with Centre for Nature-based Climate Solutions at the National University of Singapore, we launched the Carbon Prospecting Dashboard, an interactive mapping software that will support the prospecting, development and management of nature-based carbon credit projects worldwide. The firstof-its-kind dashboard supports the preservation of carbon-rich, natural ecosystems by helping policymakers and investors identify where nature-based projects can be developed as potential sources of high-quality carbon credits. OUTLOOK As the world heightens its sustainability focus, the transition to a low-carbon economy will shape policy-making and the cities of the future. With cities resuming economic and urbanisation activities, harnessing digitalisation to strengthen resilience against future disruptions is set to be front and centre of urban planning. The global shift towards sustainability, digitalisation and resilience bodes well for our Smart City business. We believe that our extensive suite of Smart City solutions and deep domain expertise, combined with a laser focus on technology leadership and customer excellence, will place us in a strong position to help cities pave their way to a more connected, resilient and sustainable future, and accelerate our Smart City growth. Smart Mobility Around the world, growing urbanisation and the increasing demand for digitalisation and sustainability will continue to spur investments in new rail and road infrastructure as well as futureoriented renewal programmes. The shift towards more personalised and sustainable end-to-end commuting solutions will drive more interconnected public transport networks, as well as advanced road and rail systems that improve reliability, efficiency and safety. As the rail industry continues to be transformed by digitalisation, we aim to leverage our successes and pursue opportunities to move up the value chain as a turnkey rail solutions provider. In urban traffic management, emerging technologies such as edge computing, machineto-machine communications and cellular vehicle-to-everything (C-V2X) technology are transforming the industry. In particular, C-V2X is set to play an important role in connected vehicles and 5G-enabled cities of the future, enabling more agile and insightful decision-making to reduce congestion and emissions while creating safer roads. We will be futureproofing our smart traffic management solutions with V2X capability to capitalise on growth opportunities in this emerging space. CORPORATE OVERVIEW PERFORMANCE REVIEW SUSTAINABILITY FINANCIAL REPORT 41
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