BeeX
Homegrown autonomous maritime systems startup BeeX has emerged as the winner of the Smart Port Challenge 2020 (SPC) in Singapore, according to a joint press statement by MPA and NUS.
The second and third places were bagged by FUELSAVE (which enables utility vehicles reduce their emissions in a sustainable way) and Vulcan AI (which helps enterprises cut costs through its AI solutions).
The trio also won prize money of approximately US$7,500, US$3,700 and US$2,300, respectively.
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Founded in 2018, BeeX aims to reduce the costs and inefficiencies for underwater inspections via its autonomous underwater vehicles and unmanned surface vessels.
The SPC is a programme under the Port Innovation Ecosystem Reimagined @ BLOCK71 (PIER71), a collaboration between the Maritime and Port Authority of Singapore (MPA) and NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS).
Professor Freddy Boey, NUS Deputy President (Innovation and Enterprise), said: “PIER71 is a collaborative effort that brings vital parts of the ecosystem together to fast-track technology solutions industry-wide. Our vision for this partnership with MPA is to raise the competitive edge of start-ups by injecting deep tech developed in Singapore, starting with those from NUS, to strengthen their offering to the industry, and to broaden their reach beyond Singapore.”
“In today’s age, what gives us a competitive edge is not capital but new ways to unlock value from our businesses. We must ensure that innovation thrives and flourish in Maritime Singapore. Through SPC, we support technology start-ups to co-create solutions with the industry, which can be exported worldwide,” commented Chee Hong Tat, Senior Minister of State for Transport and Foreign Affairs.
This year, SPC saw applications from 187 local startups, of which 16 were selected.
Besides providing cash grants, the programme will also provide an opportunity for all the 16 finalists to apply for a grant of up to approximately US$37,000 (S$50,000) to embark on pilot projects with maritime companies.
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