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Singapore is strengthening its role in the emerging fusion energy sector through a strategic research agreement between the Agency for Science, Technology and Research (A*STAR) and Commonwealth Fusion Systems (CFS), a private fusion energy company backed by approximately S$3.85 billion ($3 billion) from leading investors like Temasek and Google.
The five-year partnership will focus on developing technologies for commercial fusion power plants, including CFS’ ARC power plants, and aims to support Singapore in becoming an early player in the global fusion energy supply chain, the two parties announced last Thursday. This agreement builds on a previous partnership among A*STAR, CFS, and ST Engineering, a technology and engineering group, to produce components for CFS’s SPARC fusion demonstration machine, leveraging Singapore’s advanced manufacturing capabilities.
“Fusion energy is at a critical juncture, with the global industry nearing the commercial rollout of clean, reliable power. This partnership with CFS brings A*STAR’s strengths in applied research into real-world fusion systems, utilizing capabilities in advanced materials, precision manufacturing, and materials testing,” said Professor Lim Keng Hui, Assistant Chief Executive, Science & Engineering Research Council (SERC), A*STAR. Such partnerships position Singapore to play a role in the growing fusion supply chain, while allowing local industries to develop capabilities in high-value, next-generation manufacturing, he added.
Fusion energy operates by fusing light atomic nuclei to release significant energy, providing potential for a reliable, carbon-free power source at scale. With global investments in fusion exceeding S$19.1 billion ($14.96 billion), private firms like CFS are speeding up the commercial deployment of fusion energy. CFS aims to produce carbon-free electricity at a commercial level by the early 2030s, and this agreement allows A*STAR to participate in that commercialization process. Temasek, a global investment company valued at S$434 billion ($340 billion) as of March 31, 2025, has been an early investor in CFS, leading one of the company’s Series A funding rounds. Temasek also collaborates with A*STAR in various research and innovation initiatives.
For more such news and updates, follow CARGOCONNECT.
Singapore is strengthening its role in the emerging fusion energy sector through a strategic research agreement between the Agency for Science, Technology and Research (A*STAR) and Commonwealth Fusion Systems (CFS), a private fusion energy company backed by approximately S$3.85 billion ($3 billion) from leading investors like Temasek and Google. The five-year partnership will focus on developing technologies for commercial fusion power plants, including CFS’ ARC power plants, and aims to support Singapore in becoming an early player in the global fusion energy supply chain, the two parties announced last Thursday. This agreement builds on a previous partnership among A*STAR, CFS, and ST Engineering, a technology and engineering group, to produce components for CFS’s SPARC fusion demonstration machine, leveraging Singapore’s advanced manufacturing capabilities. “Fusion energy is at a critical juncture, with the global industry nearing the commercial rollout of clean, reliable power. This partnership with CFS brings A*STAR’s strengths in applied research into real-world fusion systems, utilizing capabilities in advanced materials, precision manufacturing, and materials testing,” said Professor Lim Keng Hui, Assistant Chief Executive, Science & Engineering Research Council (SERC), A*STAR. Such partnerships position Singapore to play a role in the growing fusion supply chain, while allowing local industries to develop capabilities in high-value, next-generation manufacturing, he added. Fusion energy operates by fusing light atomic nuclei to release significant energy, providing potential for a reliable, carbon-free power source at scale. With global investments in fusion exceeding S$19.1 billion ($14.96 billion), private firms like CFS are speeding up the commercial deployment of fusion energy. CFS aims to produce carbon-free electricity at a commercial level by the early 2030s, and this agreement allows A*STAR to participate in that commercialization process. Temasek, a global investment company valued at S$434 billion ($340 billion) as of March 31, 2025, has been an early investor in CFS, leading one of the company’s Series A funding rounds. Temasek also collaborates with A*STAR in various research and innovation initiatives. For more such news and updates, follow CARGOCONNECT.
Bar Code India (BCI) recently announced the launch of ‘Dristi,’ an innovative IoT-based RFID reader set to revolutionise the supply chain industry. Designed with best-in-class performance and advanced RFID capabilities, Dristi is engineered for diverse applications across manufacturing, distribution, transportation, and retail sectors. Equipped with a powerful processor, expansive memory capacity, and options for 4G-LTE/Wi-Fi, Dristi’s state-of-the-art design boasts a superior IP rating, making it suitable for the most demanding environments. Its standout feature, the inbuilt ‘read-to-cloud’ capability, allows organisations to access real-time data, enhancing precision and efficiency in supply chain management. The robust diecast aluminium housing with weatherproof sealing ensures Dristi’s durability and high uptime, even in challenging indoor and outdoor environments, including extreme heat, subzero temperatures, and dusty or damp conditions. Ajay Bhutani, Co-founder and CEO of BCI, expressed his enthusiasm, stating, “As its name suggests, Dristi represents a leap forward in asset tracking, process control, industrial automation, and inventory management, offering businesses unparalleled efficiency and accuracy. This ‘Made in India’ innovation provides real-time visibility, faster read rates, and precise data capture, setting new standards for excellence in supply chain management.” Vikas Wadhwa, Chief Operating Officer at BCI, added, “Dristi is a personal and professional dream come true, a product of years of dedicated effort. BCI has consistently led the way in delivering innovative solutions that empower businesses with complete asset visibility and intelligence in their supply chain operations. In an era where efficiency, accuracy, and real-time insights are paramount, Dristi is poised to change the game.”
TechEagle, India’s leading drone delivery startup, has announced a strategic alliance with ideaForge Technology, a global leader in unmanned aerial vehicle (UAV) technology. This partnership aims to merge their respective strengths to advance UAV technology and drive innovation within the drone industry. ideaForge has also joined TechEagle’s recent bridge financing round as a strategic investor. The collaboration will focus on developing small, tactical, and middle-mile logistics platforms designed for dual use. These platforms will feature advanced payload capacities, high-altitude operations, and next-level autonomy, setting new benchmarks in drone logistics. Vikram Singh Meena, Founder & CEO of TechEagle, stated, “This partnership showcases the power of synergistic innovation. By combining TechEagle’s drone technology advancements with ideaForge’s UAV expertise and manufacturing capabilities, we are poised to redefine the UAV landscape. ideaForge's investment highlights their confidence in our vision. Together, we aim to enhance safety, performance, and reliability, ushering in a new era of global aerial logistics.” Ankit Mehta, CEO of ideaForge, remarked, “Our alliance with TechEagle represents a significant step forward in our commitment to UAV technology. TechEagle’s drones surpass global benchmarks, and this collaboration will deepen our UAV innovation efforts. By leveraging each other’s strengths, we strive to secure a leading position on the global stage.” TechEagle has already delivered hundreds of SKUs, including parcels, groceries, medicines, and diagnostic samples, across 30+ cities, covering over 500,000 aerial kilometers and saving more than 2,500 metric tonnes in carbon emissions. Meanwhile, ideaForge ranks fifth globally in dual-use drone manufacturing, with over 500,000 completed flights using their UAVs.
