SIA Engineering to invest up to $50m on MRO innovation initiatives

It’s backed by the economic development board.

The maintenance, repair, and overhaul (MRO) firm has stepped up its forward thinking as it plans to invest up to $50m over the next few years on innovation initiatives and technology adoption projects in aerospace MRO with the support of Singapore’s economic development board (EDB).

According to a press release by SIA Engineering, it will collaborate with airlines, research institutions and technology partners to develop new innovations and solutions to serve the needs of airline customers.

Among the key areas of technologies SIA Engineering wishes to explore include additive manufacturing, robotics, and data analytics.

Png Kim Chiang, CEO of SIAEC, said the investments are aimed at developing solutions to enhance airline customers’ fleet operating efficiencies and reliability.

“We are delighted that SIAEC will launch various Innovation & Technology initiatives to drive innovation through disruptive technologies,” said Lim Kok Kiang, assistant managing director of the Singapore economic development board.

“This will enhance SIAEC’s long-term competitiveness and bolster Singapore’s status as the leading aftermarket services hub in Asia-Pacific. These initiatives will also create exciting career opportunities for Singaporean engineers, technologists and researchers in aerospace,” he added.

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