- Partnership will promote teleoperated systems creation &, implementation
- Investment may energy SS Rover’s development, up ROV development &, company initiatives
VentureTECH Sdn. Bhd. has announced a strategic investment of US$ 2.2 million ( RM10 million ) in SS Rover Sdn. Bhd., a leading underwater remotely operated vehicle ( ROVs ) solutions provider in Malaysia. In a joint statement, the parties , said, this agreement may accelerate the development and implementation of SS Rover’s cutting-edge teleoperated system and incorporated digital twin ship structure, transforming the underground operations landscape.
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. With over 15 years of experience in underwater ROVs and robotic system training, the company has expanded its expertise to include TVET, MRO ( refurbishment ) and offshore field operations. Now, it stands at the vanguard of delivering state-of-the-art engineered solutions and mechanical solutions to its different 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 capacity, and increase its operating efficiency. Also, the investment will support the development of the ground-breaking included digital mini fleet system, which has the potential to revolutionize underwater operations.
Ahmad Redzuan Sidek, CEO of VentureTECH said,” We are thrilled to help SS Rover’s creative technique to revolutionising underwater activities. Their experience and creative solutions are in line with our goal to promote technological advancement and advance Bumiputera businesses. We strongly believe that SS Rover’s advanced underwater mechanical solutions may include a profound effect on the offshore oil &, petrol, electricity, communications, and utilities industries, and we are excited to embark on this trip of growth up”.
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’s future of underwater robotic solutions. It reflects our commitment to making purchases that benefit society. Ahmad Redzuan emphasised.
The advancements made by SS Rover in teleoperated techniques are major technological advances in marine ROV operations. These innovations are intended to improve marine operation’s effectiveness and reliability, decrease risks, and improve operating efficiency. Along the voyage, the development of the integrated digital twin ship program, shall in particular, let technology, enabling better decision-making and more effective ship management.
” We are thrilled to receive this funding from VentureTECH in order to make our cutting-edge teleoperated systems more widely used and advance our goal of providing clients with the most advanced robotic solutions. With VentureTEC H’s support, we are well-positioned to establish leadership in underwater ROV and pioneer significant advancements in the industry”. Syamsul Nizam Azmee, the founder and managing director of SS Rover, said.
This collaboration highlights the strength of Malaysia’s technology ecosystem and its potential to spur international innovation. Through advanced technology and environmentally sound practices, VentureTECH and SS Rover are on the verge of changing the future of underwater operations.