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| The KuangChi Science booth at CommunicAsia2016. |
The newly-created Singapore-based headquarters is a creative hub for furthering development of the company’s Future City strategy. KuangChi Science has also signed an agreement to cooperate with HyalRoute Communications Group, which has already received investments totaling more than US$600 million from Kuang-Chi.
According to Dr Zhang Yangyang, Co-CEO of KuangChi Science, “Singapore provides an ideal innovation base and by creating an innovation headquarters in Singapore, KuangChi Science plans to further collaborate with Singaporean companies and institutes for research and development.”
KuangChi Science has also announced its smart city objective, the Future City Strategy. The goal of building smart cities is to improve the quality of life for urban dwellers by using technology to improve service efficiency. The strategy has been influenced by Singapore’s Smart Nation initiative, which was launched in 2014.
KuangChi Science has been making investments in security, data transfer, and wireless coverage technology to help make cities smarter and better, effectively optimising key services to improve city living around the world. HyalRoute has been one of the Kuang-Chi’s key investments to support this goal. KuangChi Science’s products have created a foundation for the Future City and HyalRoute’s communication network will make the city’s picture more complete.
HyalRoute, now a part of Kuang-Chi GCI’s portfolio of technology innovation companies, is one of the most advanced network infrastructure developers and transnational telecommunication operators in the Asia Pacific market. The company is engineering and implementing an international fiberoptic network spanning more than 1 million km in length and linking 50 countries.
“HyalRoute’s technology is part of KuangChi Science’s Future City Strategy, which utilises KuangChi Science’s Cloud, Solarship, Traveler, and more,” said Guo Jie, CEO of the Singapore Innovation HQ.
Early this month, Kuang-Chi GCI launched an international innovation fund based in Israel to invest in companies worldwide. The newly established fund was created with an initial investment of US$50 million, and planned to expand to S$300 million over the next three years.
Kuang-Chi GCI refers to the Global Community of Innovation initiated by Kuang-Chi Group, which brings together innovators from all over the world and turns science fiction and dreams into reality to deliver the future to the world. Founded in 2010 by five distinguished Chinese scientists after completion of doctorate degrees at top universities, Kuang-Chi GCI is a global innovation group based in Shenzhen, China, which has made advancements in the fields of metamaterials, photonics, satellite technology, aviation, and robotics over the past five years. Kuang-Chi's metamaterials patents account for 86% of the worldwide total.
Acting through public companies, private holdings, and research institutes, the group’s value exceeds US$10 billion. The group has invested in companies including Solar Ship Inc., Martin Aircraft Company, biometrics pioneer Zwipe, and communications group HyalRoute. The Solarship hybrid aircraft can take 30 tons of payload and relies on solar power and lithium batteries. It has been used in Africa to deliver supplies to displaced people. The KuangChi Martin Jetpack is basically an aircraft big enough for one, while the Cloud is a tethered zeppelin that delivers connectivity to the land below. The Cloud was used for disaster relief in Shenzhen in December 2015, offering 24-hour surveillance capabilities to locate buried buildings and people after a landslide.
Interested?
Read the TechTrade Asia blog post about Kuang-Chi's Wi-Fi from the sky
Hashtag: #CommunicAsia2016
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