Stratech Partners Punj Lloyd in India

Stratech has partnered with Punj Lloyd in India, see the press release below:

Singapore Exchange Mainboard-listed Stratech Systems Limited has entered into a partnership with Punj Lloyd Limited for its iFerret™ intelligent Airfield/Runway Surveillance and FOD (Foreign Object & Debris) Detection System in India.

Punj Lloyd, with over 20 years of experience, is a conglomerate boasting multi-billion dollar operations. It has over 31,000 employees in 21 countries, with operations spanning across the Middle East and Africa (MEA), Caspian, Asia Pacific, South Asia, Europe, and China. One of the Group’s companies, Sembawang Engineers & Constructors Pte. Ltd., is based in Singapore. Punj Lloyd  will market, sell and deploy iFerret™ in the Indian market.

FOD refers to articles or wildlife found on runways, taxiways or aprons that could potentially damage aircraft or cause injuries. An example is the fatal Air France Concorde jet crash in 2000, involving FOD, when 113 lives were lost. FOD also reportedly incurs an estimated US$4 billion in repair and maintenance costs annually, and up to US$13 billion per year including associated costs such as flight delays and cancellations, lost productivity and revenues, potential liabilities, and damaged reputation.

Approved by the US FAA (Federal Aviation Administration), iFerret™ is the world’s first intelligent Vision-based FOD detection system, providing real-time, automated FOD detection, location, classification and recording. It can be deployed in civil airports as well as military airbases, helping to prevent potential aircraft damage and fatalities caused by FOD. The airports it has been deployed include Changi International Airport in Singapore, Chicago O’Hare International Airport in the US and Düsseldorf International Airport in Germany.

On the collaboration, Stratech Executive Chairman, Dr David K.M. Chew, said, “Stratech is excited to work with such an established partner that befits this vast Indian market. The opportunities for civil and military aviation in this country are tremendous. With Punj Lloyd’s experience, network of contacts and reputation, we are confident of this partnership, and may even have the opportunity to extend the partnership to other parts of the world too.”

Speaking on this partnership, Raj Kumar Sharma, President – Defence said, “Indian airports have witnessed a spate of modernisation activities, bringing them at par with global infrastructure. With the deployment of iFerret™, Indian airports will further raise the bar for on ground safety, resulting in enhanced safety of their people and passengers, aircraft, increased operational efficiencies and cost savings for the Indian aerospace industry.”

Source (StratechSystems)

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