The Agency for Science, Technology and Research (A*STAR) has partnered with local small and medium-sized enterprises (SMEs) to establish three new industry joint labs, investing over S$21m. These collaborations with Abrasive Engineering, Applied Total Control Treatment, and Grand Venture Technology are set to enhance Singapore’s advanced manufacturing capabilities and strengthen its local supply chain ecosystem.
The joint labs are designed to generate new intellectual property, product lines, and business opportunities, whilst creating high-value jobs in sectors such as semiconductors, aerospace, and life sciences. Abrasive Engineering, traditionally a service-focused business, has already transformed into a technology-driven product owner, doubling its revenue to S$12 million through its collaboration with A*STAR.
The partnership has led to the creation of six new product lines, including the world’s first microwave media dosing unit, and generated a S$3.5m revenue increase during the joint lab period. The next phase aims to deliver advanced surface treatment solutions, projecting S$25m in revenues by 2030.
The new labs with Applied Total Control Treatment and Grand Venture Technology will focus on advanced surface engineering technologies and high-value ceramics, crucial for frontier industries like semiconductors and aerospace. These initiatives are expected to drive significant business growth and open new market opportunities for the SMEs involved.
By co-developing solutions with A*STAR, these SMEs are scaling their technical capabilities, positioning themselves as key players in global supply chains and high-value sectors.
