GRAND Venture Technology(GVT) and the Agency for Science, Technology and Research (A*Star) will be working together to develop a customised manufacturing platform for advanced ceramics.
On Monday (Jan 13), the manufacturing service provider said the tie-up will allow GVT to capture opportunities in high-growth industries and strengthen its competitive edge.
It added: “This will enable GVT to address increasing demand from both existing and new customers, aligning with its broader strategy to deliver value through technological excellence and operational agility.”
The partnership is also expected to expand GVT’s differentiated capabilities in high-value ceramics manufacturing, as well as contribute to the company’s advanced materials research and development road map.
The development of the platform will be led by A*Star Singapore Institute of Manufacturing Technology.
More details about the tie-up will be announced at a later date, said GVT.
Shares of GVT (SGX:JLB) ended 1.2 per cent or S$0.01 higher at S$0.835 on Friday.