News - ST Electronics Secures US$72M Contract for Smart Sensor Network

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ST Electronics Secures US$72M Contract for Smart Sensor Network

Advancing track record of transforming smart cities globally with Smart Water Resource Management capabilities

Singapore, 22 January 2018 – Singapore Technologies Electronics Ltd (ST Electronics) today announced that its subsidiary, Telematics Wireless Ltd (Telematics Wireless), has been awarded a contract worth US$72m (about S$98m) by Arad Technologies Ltd (Arad) for the supply of a smart sensor network that will transform global cities such as China, Europe, India and the US, as well as enable more efficient city planning. This is in line with ST Electronics’ strategic approach in leveraging its capabilities in smart technologies to drive implementation of smart city initiatives worldwide.

Under the agreement, Telematics Wireless will supply Automatic Meter Reading (AMR) radio transceivers for Arad’s AMR solutions over a period of six years. When fully deployed by Telematics Wireless at the end of 2023, more than 18 million wireless sensors will enhance smart cities globally. Currently, there are more than 15 million wireless sensors installed in cities globally. 

“We are pleased to collaborate with Arad Technologies to deliver smart city solutions that transform cities efficiently and power smart city planning. This reinforces our global track record and continued strategic growth of our smart technologies,” Mr Ravinder Singh, President of ST Electronics said. “Leveraging our deep engineering expertise, we have embedded advanced, cutting-edge technologies in water resource management systems that help to improve city planning and enhance operational efficiencies as well as cost savings.”

As with the growing trend towards the adoption of smart meters for efficient utility monitoring, smart AMR meters will be increasingly used. Radio transceivers are a key component in smart AMR meters which are used to monitor water, electricity or gas usage. ST Electronics’ AMR radio transceivers feature an innovative technology that incorporates all electronics, battery and antenna in the meter register without the need for external wires of connection. This results in greater reduction in installation and maintenance costs. The radio transceivers are also able to operate up to 10 years on internal battery, and is resistant to radio interference.

Arad is a world leader in the supply of smart water meters. The AMR radio transceivers supplied through this contract will be deployed with Arad's AMR solutions in various global markets. Together with Arad's smart management software, the field-proven AMR radio transceivers will provide precise monitoring of all utility vital signs, and will alert utility providers to faults, such as leakages.

ST Electronics (Singapore Technologies Electronics Limited), is the electronics arm of Singapore Technologies Engineering Ltd, one of the largest public-listed companies on the Singapore Exchange. ST Electronics is a global engineering company specialising in the design, development and integration of advanced electronics and communications systems. Our capabilities are in Rail & Intelligent Transportation; Satellite & Broadband Communications; Info Comm Technologies; Command & Control operations, Training & Simulation; Intelligent Building & Security Systems and Cybersecurity. We have a presence in over 20 countries spanning North America, Latin America, Europe, Africa, the Middle East, China, India and Southeast Asia. For more information, please visit www.stengg.com.

ST Engineering (Singapore Technologies Engineering Ltd) is an integrated defence and engineering group specialising in the aerospace, electronics, land systems and marine sectors. It has global presence with offices in Asia, the Americas, Europe and the Middle East and employs about 22,000 employees. Across the globe, its employees bring innovation and technology together to create smart engineering solutions for its customers in the defence, government and commercial segments. Headquartered in Singapore, ST Engineering reported revenue of S$6.68b in FY2016 and ranks among the largest companies listed on the Singapore Exchange. It is a component stock of the FTSE Straits Times Index, MSCI Singapore and the SGX Sustainability Leaders Index. Please visit www.stengg.com for more information.

Media Contacts:                    

Lina Poa
Head, Corporate Communications & Investor Relations
Tel      : (65) 6722 1818
Email  : linapoa@stengg.com

Agnes Chang
Assistant Vice President, Corporate Communications
Tel      : (65) 6722 1689 
Email  : chang.chehhong.agnes@stee.stengg.com

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