- Funding to expedite the development of cutting-edge tele-operated systems
- VentureTEC H’s mission to empower high-potential Bumiputera firms in tech
VentureTECH Sdn Bhd ( VentureTECH) announced yesterday, a strategic investment of RM10 million in SS Rover Sdn Bhd, a leading underwater remotely operated vehicle ( ROV ) solutions provider in Malaysia with over 15 years experience.
SS Rover is a homegrown tech firm specialising in engineered services, products, and mechanical solutions for the offshore oil and gas, electricity, telecommunication, and under legal infrastructure industries.
The purchase will make it easier to develop and use SS Rover’s cutting-edge teleoperated system and incorporated digital twin ship system, which will transform the world of underwater operations.
” We are thrilled to get this funding from VentureTECH in order to make our cutting-edge tele-operated techniques more widely used and help us continue our mission to provide our clients with the most advanced robotic options. With VentureTEC H’s support, we are well-positioned to establish leadership in underwater ROV and pioneer significant advancements in the industry”, said Syamsul Nizam Azmee, founder and managing director of SS Rover.
We are thrilled to help SS Rover’s innovative strategy for revolutionizing marine operations, said VentureTECH CEO Ahmad Redzuan Sidek.
The Malaysian Industry-Government Group for High Technology ( MIGHT) is a wholly owned subsidiary of VentureTECH.
Ahmad Redzuan noted that SS Rover’s skills and creative options matched VentureTEC H’s goal to promote technological innovation and support high-potential Bumiputera companies in the technology industry. ” We firmly believe that SS Rover’s advanced underwater mechanical solutions may include a profound effect on the offshore oil &, petrol, electricity, telecommunication, and utilities industries, and we are excited to embark on this journey of growth up”.
With more than 15 years of experience in underwater ROVs and robotic system training, SS Rover has expanded its expertise to include TVET, MRO ( refurbishment ) and offshore field operations. Nowadays, SS Rover stands at the vanguard of delivering state-of-the-art engineered solutions and mechanical solutions to its various customers.
VentureTEC H’s funding may be instrumental in fuelling SS Rover’s growth and innovation by supporting ROV equipment and system growth, working capital, and business development efforts. This strategic agreement will give SS Rover the ability to improve its teleoperated system, increase its capabilities, and improve its operating efficiency. Also, the investment will support the development of the ground-breaking integrated digital mini fleet system, which has the potential to revolutionize underwater operations.
Our investment may help SS Rover advance across the entire industry, as well as advance its technological prowess and expand its market presence. This partnership demonstrates VentureTEC H’s belief in SS Rover’s ability to create high-quality jobs while shaping the field of underwater robotic solutions. It reflects our commitment to making investments that have an impact that promote good social change. Ahmad Redzuan emphasised.
The advancements made by SS Rover in tele-operated techniques represent major technological advances in underground ROV operations. These innovations are intended to boost underground operation’s effectiveness and reliability, decrease risks, and improve operating efficiency. Along the voyage, the development of the integrated digital twin ship system allows technology, enabling better decision-making and more effective fleet management.
Up, VentureTECH and SS Rover are poised to use cutting-edge technology to influence the direction of underground operations in the future.