Temasek-backed UK industrial AI firm PhysicsX sets up Apac hub in Singapore
It plans to grow its Singapore team to more than 100 employees, from 20 currently
British AI firm PhysicsX, backed by Temasek, has established an Asia-Pacific hub in Singapore to bolster its presence in the region. The company plans to expand its Singapore workforce to over 100 employees within the next three years, with current numbers standing at 20. PhysicsX specializes in software designed to simulate industrial designs and manufacturing processes.
The company has signed a five-year, S$40 million partnership with Singapore's Agency for Science, Technology and Research (A*Star) to develop AI-powered engineering simulation tools. This collaboration will focus on maritime engineering, advanced manufacturing, semiconductor manufacturing, and biotechnology. PhysicsX is also working alongside Seatrium, an offshore and marine engineering group, to accelerate development cycles and improve decision-making.
The company's CEO, Jacomo Corbo, expressed optimism about Singapore's strengths in advanced industry, technical talent, research excellence, and government support for AI. PhysicsX's presence in Singapore is seen as a strategic move to tap into the region's engineering expertise, research capabilities, and industry partnerships.
Written by urgent.news from The Business Times - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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