ST Engineering and Bureau Veritas Sign Cooperation Agreement to Advance Wing-in-Ground Technology

The collaboration will support the development of innovative fuel-efficient technology through the classification and certification of the first AirFish WIG craft

Singapore, 17 April 2024- ST Engineering AirX (AirX), a joint venture between ST Engineering and Peluca (formerly known as Wigetworks), today announced a strategic partnership with Bureau Veritas (BV), a global leader in the Testing, Inspection and Certification industry, aimed at advancing Wing-in-Ground (WIG) technology. The collaboration will focus on the classification and certification of AirX's AirFish WIG craft, which represents a vital step towards its entry into service.

The AirFish is a groundbreaking WIG marine craft that operates just above the water, utilising aerodynamic forces generated by ground effect to achieve a more fuel-efficient high speed of travel. Under the partnership and a shared vision in driving innovation, AirX and BV will work together to classify and certify AirFish 8, a 10-seater WIG craft, under BV's NI525 process for the risk-based qualification of new technology, and liaise with flag states to register the marine platform in respective countries. AirX and BV will also pool their expertise and resources to establish a robust framework for the classification and certification of AirX's future WIG platforms, and lay the groundwork for the serial production of the AirFish WIG craft.

AirX will contribute its design and development specialisms as the OEM of the WIG craft, and leverage ST Engineering's expertise in aircraft certification and qualification with civil aviation authorities. BV will provide advisory services on the design and development of the AirFish WIG craft from a regulatory and classification perspective, as well as technology qualification assessments based on BV's NI525, classification and equipment certification services, whilst also providing risk and safety assessments associated with the development and operations of AirFish WIG craft.

Jeffrey Lam, President of Commercial Aerospace at ST Engineering, said, "In our pioneering journey to commercialise the world's first WIG craft, we have chosen to partner Bureau Veritas to classify and certify our AirFish Wing-in-Ground solution. This is a significant milestone in realising the huge potential of Wing-in-Ground technology in areas such as maritime transportation, and the delivery of parapublic and logistics services. We look forward to working with Bureau Veritas to set new standards in innovation and safety, with a technology that is set to revolutionise maritime transportation."

David Barrow, Vice-President South Asia and Pacific at Bureau Veritas Marine & Offshore, commented, "We are delighted to support the development and deployment of the innovative AirFish Wing-in-Ground technology. Leveraging our extensive industry and regulatory experience, alongside our technological expertise, we will collaborate closely with ST Engineering AirX to navigate the complexities of introducing this groundbreaking solution to the market, with the common goal of driving growth and efficiency for the maritime industry."

In addition to the partnership with BV, AirX will be collaborating with the Maritime and Port Authority of Singapore in the trials and development of AirX's AirFish Wing-in-Ground craft in Singapore. The trials, which are expected to commence from 3Q2024 at a frequency of twice monthly initially, will help contribute to the establishment of an Engineering and Certification Centre of Excellence for WIG in Singapore.

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ST Engineering AirX (AirX), a subsidiary of ST Engineering and Peluca (formerly known as Wigetworks) combines various disciplines in aviation, marine and Wing-in-Ground (WIG) effect technology to form a centre of excellence for WIG craft in Singapore, that can effectively serve transportation and logistics needs in coastal areas. The company's portfolio comprises the AirFish family of WIG craft, which includes the two-seater AirFish 3 and the 10-seater AirFish 8, and in time to come, new AirFish platforms with greater seat capacity.

Bureau Veritas is a world leader in inspection, certification, and laboratory testing services with a powerful purpose: to shape a world of trust by ensuring responsible progress. With a vision to be the preferred partner for customers' excellence and sustainability, the company innovates to help them navigate change. Created in 1828, Bureau Veritas' 83,000 employees deliver services in 140 countries. The company's technical experts support customers to address challenges in quality, health and safety, environmental protection, and sustainability.
Bureau Veritas is listed on Euronext Paris and belongs to the CAC 40 ESG, CAC Next 20, SBF 120 indices and is part of the CAC SBT 1.5° index. Compartment A, ISIN code FR 0006174348, stock symbol: BVI.

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