Aethon TUG facilitates industry 4.0 initiatives by connecting islands of automation within the manufacturing process including the movement and delivery of raw materials, work-in-process, finished goods, scrap and tools. Singapore, 14 August 2017 - Singapore Technologies Engineering Ltd (ST Engineering) announced today that following its announcement on 17 July 2017, Vision Technologies Land Systems, Inc. (VTLS) has completed the acquisition of 100% interest in Aethon, Inc. (Aethon). Discover historical prices for S63.SI stock on Yahoo Finance. O ur proven engineering expertise keeps the world's commercial aircraft flying safely, equips fighting forces to win on the battlefield and prepares cities for a smarter and more sustainable future. ST Engineering purchased Aethon as a key piece of their growing robotics business. Aethon, Inc. (acquired by ST Engineering) Aethon is the leader in the business of low-cost, pilot-less hauling of materials indoors. Reduces cost-per-delivery by up to 80%. It will be held from the 22nd to 24th of October. ST Engineering, Aethon automates the transportation of goods and supplies in manufacturing environments, hospitals, hotels and other commercial environments. TUG creates more time for patient care by delivering medications, specimens, meals and more. Peter Seiff is the CEO of ST Engineering, Aethon and oversees all aspects of company operations including engineering, manufacturing, sales and support. ST Engineering, the Singaporean company which bought Aethon recently, says it is looking to grow its robotics division.. function gtag(){dataLayer.push(arguments);} Join to Connect. ST Engineering has identified several growth areas in which it will invest to grow or scale up its capabilities and technologies. Visit us in booth 1D06 and 1F25. Aethon mobile robots perform delivery and transportation tasks in hospitals to give staff more time to focus on patient care. Aethon automates Intralogistics in manufacturing environments, hospitals and other commercial settings by delivering goods and supplies using itsTUG® smart autonomous mobile robot. Welcome to the one-of-a-kind world of Aethon. Aethon will become a division of ST Engineering’s US headquarters, VT Systems and will be part of the group’s Land Systems sector which is led by ST Kinetics, who is focused on robot technology innovation. Senior Manager Norfolk Southern Corporation. Our … ST Engineering Aethon. Central Michigan University. This is useful in estimating the financial strength and credit risk of the company. gtag('js', new Date()); Our evaluation led us to conclude that Aethon was the best company in this space having the right technology along with proven success in the commercialization and installation of autonomous mobile robots. “This acquisition is a terrific event for our company, employees and our customers since it provides Aethon with the resources and corporate backing to grow and develop new innovative robotic technology and more aggressively pursue new markets. ST Engineering LeeBoy, Inc. 500 Lincoln County Pkwy. The Aethon Asia Pacific team will demonstrate autonomous mobile robot solutions at the Smart China Expo in Chong Qing, China from the 26th to the 29th of August. Workers can do more. In FY2016, ST Kinetics recorded revenue of S$1.3b. It employs over 21,000 people and has annual revenues of around $5 billion. … ST Engineering / Aethon. window.dataLayer = window.dataLayer || []; Pittsburgh, Pennsylvania, United States. gtag('js', new Date()); We look forward to working with the Pittsburgh, PA team to grow the company,” says Khee Loon Foo, General Manager, Kinetics Advanced Robotics of ST Kinetics. Headquartered in Singapore, ST Kinetics employs a skilled workforce of some 5,000 people, 70% of whom are in engineering and technical roles, to support customers in over 40 countries. “We evaluated the autonomous mobile robotics market thoroughly. Aethon, Inc. develops robotic hospital delivery and asset management solutions. Vice President of Marketing, ST Engineering | Aethon. 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He has worked in robotics for over 25 years, specializing in non-traditional and unstructured environments. 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